Fvcbankcorp (NASDAQ:FVCB) Director Scott Laughlin Sells 8,100 Shares of Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Scott Laughlin sold 8,100 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.55, for a total transaction of $150,255.00. Following the completion of the sale, the director directly owned 174,421 shares of the company’s stock, valued at approximately $3,235,509.55. This trade represents a 4.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fvcbankcorp Stock Performance

Shares of FVCB traded down $0.04 during trading hours on Monday, reaching $18.54. 69,222 shares of the company traded hands, compared to its average volume of 126,920. The stock’s fifty day moving average is $17.88 and its 200 day moving average is $16.36. The stock has a market cap of $334.35 million, a P/E ratio of 13.06 and a beta of 0.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. Fvcbankcorp, Inc. has a 1-year low of $11.83 and a 1-year high of $19.11.

Fvcbankcorp (NASDAQ:FVCB) last released its earnings results on Tuesday, July 21st. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. Fvcbankcorp had a return on equity of 9.91% and a net margin of 20.45%.The business had revenue of $21.30 million for the quarter, compared to the consensus estimate of $19.32 million. Equities research analysts anticipate that Fvcbankcorp, Inc. will post 1.5 earnings per share for the current fiscal year.

Fvcbankcorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were given a dividend of $0.07 per share. The ex-dividend date was Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. Fvcbankcorp’s payout ratio is currently 19.72%.

Institutional Investors Weigh In On Fvcbankcorp

Several large investors have recently modified their holdings of FVCB. California State Teachers Retirement System lifted its position in shares of Fvcbankcorp by 340.6% during the 2nd quarter. California State Teachers Retirement System now owns 3,675 shares of the company’s stock worth $64,000 after buying an additional 2,841 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in Fvcbankcorp during the second quarter worth $420,000. Hsbc Holdings PLC bought a new position in shares of Fvcbankcorp during the second quarter valued at $189,000. Empowered Funds LLC bought a new position in shares of Fvcbankcorp during the second quarter valued at $1,408,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Fvcbankcorp in the 2nd quarter valued at $917,000. 43.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FVCB. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fvcbankcorp in a research report on Friday, June 26th. Piper Sandler increased their price objective on shares of Fvcbankcorp from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $21.00.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.