Jupiter Topco LLC Purchases New Position in Atlantic Union Bankshares Co. $AUBAP

Jupiter Topco LLC acquired a new position in shares of Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 65,490 shares of the company’s stock, valued at approximately $2,772,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in Atlantic Union Bankshares during the 2nd quarter worth $883,523,000. Bank of New York Mellon Corp purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at about $57,151,000. William Blair Investment Management LLC purchased a new stake in Atlantic Union Bankshares in the 2nd quarter valued at approximately $53,532,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Atlantic Union Bankshares in the second quarter valued at approximately $31,880,000. Finally, Legal & General Group Plc purchased a new stake in shares of Atlantic Union Bankshares during the 2nd quarter worth $14,015,000.

Atlantic Union Bankshares Stock Up 0.5%

NASDAQ:AUBAP opened at $24.45 on Thursday. The firm’s fifty day simple moving average is $24.49 and its 200-day simple moving average is $24.62. Atlantic Union Bankshares Co. has a fifty-two week low of $22.80 and a fifty-two week high of $27.96.

Atlantic Union Bankshares Company Profile

Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.

Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018.