Bank of the James Financial Group (NASDAQ:BOTJ) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Shares crossed above its 200‑day moving average, trading as high as $23.29 and last at $23.30 versus a 200‑day average of $18.90, signaling a potential technical breakout.
• The bank has a market cap of $105.85M, a P/E of 11.65, reported $0.60 EPS on $12.86M in quarterly revenue, and pays a $0.40 annualized dividend (yield 1.7%, payout ratio 20%).
• Analyst and insider activity: Weiss Ratings reissued a “Hold” and the consensus rating is Hold; President Robert R. Chapman recently bought 1,200 shares, insiders own 15.37% and institutions own about 18.5% of the stock.

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.90 and traded as high as $23.29. Bank of the James Financial Group shares last traded at $23.30, with a volume of 596 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Bank of the James Financial Group in a research report on Monday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold".

Bank of the James Financial Group Price Performance

The stock has a market cap of $105.85 million, a P/E ratio of 11.65 and a beta of 0.12. The business's fifty day moving average price is $21.09 and its 200 day moving average price is $18.90.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its earnings results on Wednesday, February 4th. The financial services provider reported $0.60 EPS for the quarter. The firm had revenue of $12.86 million during the quarter. Bank of the James Financial Group had a net margin of 14.43% and a return on equity of 12.15%.

Bank of the James Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 17th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.7%. Bank of the James Financial Group's dividend payout ratio is 20.00%.

Insider Activity at Bank of the James Financial Group

In related news, President Robert R. Chapman bought 1,200 shares of the company's stock in a transaction dated Friday, February 20th. The stock was purchased at an average price of $20.89 per share, with a total value of $25,068.00. Following the completion of the acquisition, the president owned 124,118 shares of the company's stock, valued at $2,592,825.02. The trade was a 0.98% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 2,289 shares of company stock valued at $47,387 over the last three months. 15.37% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fourthstone LLC increased its stake in shares of Bank of the James Financial Group by 10.3% in the fourth quarter. Fourthstone LLC now owns 321,908 shares of the financial services provider's stock valued at $5,981,000 after buying an additional 30,126 shares during the period. Daytona Street Capital LLC acquired a new position in shares of Bank of the James Financial Group in the fourth quarter valued at approximately $2,933,000. Bridgeway Capital Management LLC increased its stake in shares of Bank of the James Financial Group by 2.5% in the third quarter. Bridgeway Capital Management LLC now owns 36,238 shares of the financial services provider's stock valued at $565,000 after buying an additional 868 shares during the period. Krilogy Financial LLC acquired a new position in shares of Bank of the James Financial Group in the third quarter valued at approximately $568,000. Finally, Empowered Funds LLC increased its stake in shares of Bank of the James Financial Group by 7.8% in the first quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider's stock valued at $328,000 after buying an additional 1,613 shares during the period. Institutional investors own 18.50% of the company's stock.

Bank of the James Financial Group Company Profile

Bank of the James Financial Group, Inc is the bank holding company for The Bank of the James, a Virginia-chartered commercial bank headquartered in Lynchburg, Virginia. Established in the early 20th century, the organization has developed a reputation for community banking with a focus on personalized service. As a NASDAQ-listed entity under the ticker BOTJ, the holding company oversees a network of full-service branches throughout Central and Southwestern Virginia.

The Bank of the James offers a comprehensive suite of consumer and commercial banking solutions.

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