Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Shares Bought by Banc Funds Co. LLC

Banc Funds Co. LLC lifted its holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 23.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,634,722 shares of the company's stock after acquiring an additional 504,000 shares during the quarter. Banc Funds Co. LLC owned 3.58% of Blue Ridge Bankshares worth $8,484,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BRBS. State Street Corp raised its stake in shares of Blue Ridge Bankshares by 26.9% during the 3rd 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 period. Geode Capital Management LLC lifted its stake in Blue Ridge Bankshares by 186.1% in the 3rd 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 in the last quarter. Graham Capital Wealth Management LLC boosted its holdings in Blue Ridge Bankshares by 1,446.2% in the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock worth $1,682,000 after buying an additional 488,687 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in Blue Ridge Bankshares during the 4th quarter worth approximately $131,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Blue Ridge Bankshares during the fourth quarter valued at approximately $364,000. Hedge funds and other institutional investors own 50.48% of the company's stock.

Blue Ridge Bankshares Price Performance

Shares of NASDAQ:BRBS traded up $0.06 during trading on Tuesday, reaching $3.17. The stock had a trading volume of 78,035 shares, compared to its average volume of 252,449. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. Blue Ridge Bankshares, Inc. has a 1-year low of $2.45 and a 1-year high of $3.83. The stock has a market cap of $277.86 million, a PE ratio of -4.95 and a beta of 0.82. The business has a fifty day moving average price of $3.34 and a 200-day moving average price of $3.28.

Insider Buying and Selling at Blue Ridge Bankshares

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the business's stock in a transaction that occurred 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 directly owns 138,179 shares in the company, valued at $518,171.25. The trade was a 6.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.92% of the stock is currently owned by insiders.

Blue Ridge Bankshares Profile

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.