Silvia Mccoll Wealth Management LLC Purchases New Shares in Chain Bridge Bancorp, Inc. (NYSE:CBNA)

Silvia Mccoll Wealth Management LLC bought a new position in shares of Chain Bridge Bancorp, Inc. (NYSE:CBNA - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,350 shares of the company's stock, valued at approximately $222,000. Silvia Mccoll Wealth Management LLC owned approximately 0.14% of Chain Bridge Bancorp at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Alliancebernstein L.P. bought a new stake in shares of Chain Bridge Bancorp during the fourth quarter worth about $5,408,000. Gator Capital Management LLC bought a new stake in shares of Chain Bridge Bancorp during the fourth quarter worth about $5,052,000. Endeavour Capital Advisors Inc. bought a new stake in shares of Chain Bridge Bancorp during the fourth quarter worth about $4,504,000. Nuveen Asset Management LLC bought a new stake in shares of Chain Bridge Bancorp during the fourth quarter worth about $3,702,000. Finally, FJ Capital Management LLC bought a new stake in shares of Chain Bridge Bancorp during the fourth quarter worth about $2,891,000.

Insider Buying and Selling at Chain Bridge Bancorp

In other Chain Bridge Bancorp news, major shareholder Martin S. Friedman sold 32,158 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $27.01, for a total value of $868,587.58. Following the transaction, the insider now directly owns 306,078 shares of the company's stock, valued at approximately $8,267,166.78. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 25.85% of the company's stock.

Chain Bridge Bancorp Stock Performance

CBNA stock traded down $0.02 during trading on Friday, hitting $27.01. The company had a trading volume of 34,837 shares, compared to its average volume of 26,691. The business has a 50-day moving average of $24.75 and a 200-day moving average of $24.52. Chain Bridge Bancorp, Inc. has a one year low of $20.01 and a one year high of $27.97.

Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last announced its earnings results on Monday, April 28th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.54 by $0.31. The company had revenue of $14.54 million during the quarter, compared to the consensus estimate of $12.27 million. As a group, research analysts forecast that Chain Bridge Bancorp, Inc. will post 2.22 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut Chain Bridge Bancorp from an "overweight" rating to a "neutral" rating and set a $29.00 price target on the stock. in a report on Thursday.

Chain Bridge Bancorp Profile

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.