Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Shares Bought by Jane Street Group LLC

Jane Street Group LLC grew its holdings in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 264.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 151,686 shares of the company's stock after buying an additional 110,023 shares during the quarter. Jane Street Group LLC owned 0.21% of Blue Ridge Bankshares worth $488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Banc Funds Co. LLC lifted its holdings in Blue Ridge Bankshares by 23.7% during the fourth quarter. Banc Funds Co. LLC now owns 2,634,722 shares of the company's stock worth $8,484,000 after buying an additional 504,000 shares during the period. Graham Capital Wealth Management LLC lifted its holdings in shares of Blue Ridge Bankshares by 1,446.2% during the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock valued at $1,682,000 after purchasing an additional 488,687 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Blue Ridge Bankshares by 148.8% during the 4th quarter. Susquehanna International Group LLP now owns 813,238 shares of the company's stock valued at $2,619,000 after purchasing an additional 486,344 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Blue Ridge Bankshares by 221.4% during the 4th quarter. Renaissance Technologies LLC now owns 625,200 shares of the company's stock valued at $2,013,000 after purchasing an additional 430,700 shares during the last quarter. Finally, Kennedy Capital Management LLC purchased a new stake in shares of Blue Ridge Bankshares during the 4th quarter valued at $868,000. Institutional investors own 50.48% of the company's stock.

Blue Ridge Bankshares Stock Down 1.1%

Shares of BRBS traded down $0.04 during midday trading on Friday, hitting $3.47. 331,250 shares of the company's stock traded hands, compared to its average volume of 266,137. Blue Ridge Bankshares, Inc. has a 1 year low of $2.45 and a 1 year high of $3.83. The firm's fifty day moving average is $3.34 and its 200-day moving average is $3.39. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $316.39 million, a price-to-earnings ratio of -5.42 and a beta of 0.80.

Insider Activity

In related 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 value of $33,465.00. Following the transaction, the director now directly owns 138,179 shares of the company's stock, valued at $518,171.25. This represents a 6.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.08% of the company's stock.

Blue Ridge Bankshares Company 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.