683 Capital Management LLC bought a new position in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 198,084 shares of the company's stock, valued at approximately $638,000. 683 Capital Management LLC owned approximately 0.27% of Blue Ridge Bankshares as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Graham Capital Wealth Management LLC lifted its holdings in Blue Ridge Bankshares by 1,446.2% during the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock worth $1,682,000 after acquiring an additional 488,687 shares during the period. Truffle Hound Capital LLC bought a new stake in shares of Blue Ridge Bankshares during the 4th quarter worth $483,000. Raymond James Financial Inc. purchased a new position in shares of Blue Ridge Bankshares in the 4th quarter worth about $364,000. Geode Capital Management LLC grew its position in Blue Ridge Bankshares by 186.1% during the third quarter. Geode Capital Management LLC now owns 451,861 shares of the company's stock valued at $1,265,000 after buying an additional 293,897 shares during the period. Finally, State Street Corp increased its holdings in Blue Ridge Bankshares by 26.9% during the third quarter. State Street Corp now owns 72,645 shares of the company's stock worth $203,000 after buying an additional 15,400 shares during the last quarter. Hedge funds and other institutional investors own 50.48% of the company's stock.
Insider Activity at Blue Ridge Bankshares
In other news, Director Carolyn J. Woodruff sold 8,924 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total transaction of $33,465.00. Following the transaction, the director now owns 138,179 shares of the company's stock, valued at $518,171.25. This represents a 6.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.08% of the stock is owned by company insiders.
Blue Ridge Bankshares Stock Performance
Shares of Blue Ridge Bankshares stock traded up $0.02 on Wednesday, reaching $3.49. 40,279 shares of the company traded hands, compared to its average volume of 256,622. The company has a 50 day moving average of $3.29 and a 200 day moving average of $3.33. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05. Blue Ridge Bankshares, Inc. has a 52 week low of $2.45 and a 52 week high of $3.83. The firm has a market capitalization of $305.93 million, a PE ratio of -5.44 and a beta of 0.80.
Blue Ridge Bankshares Profile
(
Free Report)
Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.
Featured Stories
Before you consider Blue Ridge Bankshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Ridge Bankshares wasn't on the list.
While Blue Ridge Bankshares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
