Insider Selling: FVCBankcorp, Inc. (NASDAQ:FVCB) Director Sells $114,107.40 in Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) Director Phillip R. Wills III sold 10,170 shares of FVCBankcorp stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $11.22, for a total transaction of $114,107.40. Following the completion of the transaction, the director now directly owns 58,884 shares in the company, valued at $660,678.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

FVCBankcorp Price Performance

NASDAQ FVCB opened at $11.24 on Thursday. The firm’s fifty day simple moving average is $11.55 and its two-hundred day simple moving average is $12.19. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.48. FVCBankcorp, Inc. has a 12-month low of $8.74 and a 12-month high of $15.39. The firm has a market capitalization of $200.97 million, a P/E ratio of 46.84 and a beta of 0.23.

FVCBankcorp (NASDAQ:FVCB) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $13.19 million for the quarter, compared to analyst estimates of $13.82 million. FVCBankcorp had a net margin of 4.55% and a return on equity of 7.39%. Analysts forecast that FVCBankcorp, Inc. will post 0.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, TheStreet lowered shares of FVCBankcorp from a “b” rating to a “c+” rating in a report on Wednesday, January 24th.

Institutional Investors Weigh In On FVCBankcorp

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of FVCBankcorp by 1.5% during the first quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock valued at $9,897,000 after buying an additional 11,977 shares during the last quarter. Savant Capital LLC grew its holdings in shares of FVCBankcorp by 3.3% during the third quarter. Savant Capital LLC now owns 157,210 shares of the company’s stock valued at $2,014,000 after buying an additional 5,046 shares during the last quarter. Empowered Funds LLC boosted its holdings in FVCBankcorp by 7.9% in the first quarter. Empowered Funds LLC now owns 47,925 shares of the company’s stock valued at $584,000 after purchasing an additional 3,500 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in FVCBankcorp during the 4th quarter worth about $414,000. Finally, Burt Wealth Advisors acquired a new stake in FVCBankcorp during the 4th quarter worth about $173,000. 43.61% of the stock is owned by hedge funds and other institutional investors.

FVCBankcorp Company Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.