Insider Selling: Fvcbankcorp (NASDAQ:FVCB) EVP Sells 1,500 Shares of Stock

Key Points

• Insider sale: EVP Sharon Jackson sold 1,500 shares on May 1 at an average price of $15.64 for $23,460, cutting her stake by 5.81% to 24,330 shares (worth ~ $380,521).
• Quarterly results and stock action: The company reported an EPS beat of $0.35 vs. $0.33 consensus but reported revenue of $0.88M versus an $18.24M expectation; the stock traded down 0.6% to $15.68, with a market cap of ~$282M and a P/E of 12.25.
• Dividend and outlook: Fvcbankcorp raised its quarterly dividend to $0.07 (annualized $0.28, yield ~1.8%), while analysts maintain a "Moderate Buy" consensus with a $19 price target and institutional ownership around 43.6%.

Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) EVP Sharon Jackson sold 1,500 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $15.64, for a total transaction of $23,460.00. Following the transaction, the executive vice president owned 24,330 shares in the company, valued at approximately $380,521.20. The trade was a 5.81% 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 link.

Fvcbankcorp Stock Down 0.6%

Shares of NASDAQ:FVCB traded down $0.10 during trading on Monday, reaching $15.68. The stock had a trading volume of 188,770 shares, compared to its average volume of 79,200. Fvcbankcorp, Inc. has a one year low of $11.13 and a one year high of $18.41. The company has a market capitalization of $281.93 million, a P/E ratio of 12.25 and a beta of 0.36. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.07. The firm's 50-day simple moving average is $15.27 and its 200 day simple moving average is $14.23.

Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.02. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. The business had revenue of $0.88 million for the quarter, compared to analysts' expectations of $18.24 million. As a group, research analysts expect that Fvcbankcorp, Inc. will post 1.42 EPS for the current fiscal year.

Fvcbankcorp Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 18th. Stockholders of record on Monday, April 27th will be issued a $0.07 dividend. The ex-dividend date is Monday, April 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from Fvcbankcorp's previous quarterly dividend of $0.06. Fvcbankcorp's dividend payout ratio (DPR) is 21.88%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FVCB shares. Piper Sandler restated an "overweight" rating and issued a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a report on Monday. Weiss Ratings upgraded shares of Fvcbankcorp from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $19.00.

Hedge Funds Weigh In On Fvcbankcorp

Several hedge funds and other institutional investors have recently modified their holdings of FVCB. CWM LLC raised its position in shares of Fvcbankcorp by 498.9% in the 3rd quarter. CWM LLC now owns 2,186 shares of the company's stock valued at $28,000 after purchasing an additional 1,821 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Fvcbankcorp by 115.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company's stock valued at $38,000 after purchasing an additional 1,589 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Fvcbankcorp by 138.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company's stock valued at $55,000 after purchasing an additional 2,468 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Fvcbankcorp in the 2nd quarter valued at approximately $71,000. Finally, Invesco Ltd. purchased a new position in shares of Fvcbankcorp in the 4th quarter valued at approximately $140,000. 43.61% of the stock is owned by hedge funds and other institutional investors.

About Fvcbankcorp

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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