Bank of the James Financial Group (NASDAQ:BOTJ) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.80 and traded as high as $13.90. Bank of the James Financial Group shares last traded at $13.73, with a volume of 1,303 shares trading hands.

Bank of the James Financial Group Price Performance

The business has a 50-day moving average of $14.06 and a 200 day moving average of $13.78.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. Bank of the James Financial Group had a return on equity of 10.01% and a net margin of 10.91%. The business had revenue of $11.00 million for the quarter.

Insider Buying and Selling at Bank of the James Financial Group

In other news, Director William C. Bryant III purchased 6,602 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of $14.49 per share, with a total value of $95,662.98. Following the completion of the acquisition, the director owned 73,093 shares in the company, valued at $1,059,117.57. This trade represents a 9.93% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Robert R. Chapman purchased 2,828 shares of the firm's stock in a transaction dated Monday, May 5th. The stock was purchased at an average cost of $14.11 per share, for a total transaction of $39,903.08. Following the acquisition, the president owned 122,885 shares of the company's stock, valued at approximately $1,733,907.35. This trade represents a 2.36% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 10,352 shares of company stock worth $148,617. Company insiders own 15.37% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. RFG Bristol Wealth Advisors LLC purchased a new stake in Bank of the James Financial Group in the fourth quarter worth about $178,000. Empowered Funds LLC grew its position in Bank of the James Financial Group by 7.8% in the 1st quarter. Empowered Funds LLC now owns 22,211 shares of the financial services provider's stock worth $328,000 after purchasing an additional 1,613 shares during the period. Dimensional Fund Advisors LP grew its position in Bank of the James Financial Group by 3.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider's stock worth $436,000 after purchasing an additional 911 shares during the period. Bridgeway Capital Management LLC grew its position in Bank of the James Financial Group by 2.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock worth $514,000 after purchasing an additional 956 shares during the period. Finally, Fourthstone LLC grew its position in shares of Bank of the James Financial Group by 72.9% during the 4th quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider's stock valued at $2,556,000 after acquiring an additional 67,927 shares during the period. 18.50% of the stock is owned by institutional investors.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.