Insider Selling: Fvcbankcorp (NASDAQ:FVCB) Director Sells 8,100 Shares of Stock

Key Points

• Director Scott Laughlin sold 8,100 Fvcbankcorp shares at an average price of $18.55, generating $150,255 and reducing his direct ownership by 4.44% to 174,421 shares.
• Fvcbankcorp reported quarterly EPS of $0.42, exceeding the $0.36 analyst consensus, while revenue of $21.30 million also surpassed estimates. The company maintains a quarterly dividend of $0.07 per share, yielding approximately 1.5% annually.
• Analyst sentiment remains positive, with Piper Sandler raising its price target to $21 and the stock carrying a “Moderate Buy” consensus rating; shares recently traded near $18.54.

Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) Director Scott Laughlin sold 8,100 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $18.55, for a total value of $150,255.00. Following the completion of the sale, the director directly owned 174,421 shares of the company's stock, valued at approximately $3,235,509.55. This represents a 4.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Fvcbankcorp Stock Down 0.2%

NASDAQ FVCB traded down $0.04 during trading on Monday, reaching $18.54. 69,222 shares of the company's stock were exchanged, compared to its average volume of 126,920. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09. Fvcbankcorp, Inc. has a fifty-two week low of $11.83 and a fifty-two week high of $19.11. The company's fifty day simple moving average is $17.88 and its 200-day simple moving average is $16.36. The firm has a market capitalization of $334.35 million, a PE ratio of 13.06 and a beta of 0.33.

Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.06. The company had revenue of $21.30 million for the quarter, compared to the consensus estimate of $19.32 million. Fvcbankcorp had a return on equity of 9.91% and a net margin of 20.45%. Sell-side analysts predict that Fvcbankcorp, Inc. will post 1.5 EPS for the current year.

Fvcbankcorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, July 27th. Fvcbankcorp's payout ratio is currently 19.72%.

Hedge Funds Weigh In On Fvcbankcorp

Several hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in shares of Fvcbankcorp by 2.4% during the 1st quarter. Bank of New York Mellon Corp now owns 35,589 shares of the company's stock worth $541,000 after purchasing an additional 831 shares during the last quarter. Rhumbline Advisers grew its holdings in Fvcbankcorp by 5.9% in the 2nd quarter. Rhumbline Advisers now owns 25,279 shares of the company's stock valued at $298,000 after buying an additional 1,418 shares during the last quarter. Legal & General Group Plc bought a new position in Fvcbankcorp in the 2nd quarter worth approximately $26,000. Russell Investments Group Ltd. lifted its holdings in shares of Fvcbankcorp by 115.6% during the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company's stock worth $38,000 after buying an additional 1,589 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Fvcbankcorp by 13.3% during the first quarter. Bank of America Corp DE now owns 14,631 shares of the company's stock worth $222,000 after buying an additional 1,716 shares during the last quarter. 43.61% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on FVCB shares. Piper Sandler lifted their price objective on Fvcbankcorp from $19.00 to $21.00 and gave the company an "overweight" rating in a research report on Monday, July 27th. Weiss Ratings restated a "buy (b)" rating on shares of Fvcbankcorp in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $21.00.

Fvcbankcorp Company Profile

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.

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