JPMorgan Chase & Co. boosted its holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 17,128.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,151 shares of the company's stock after buying an additional 75,709 shares during the period. JPMorgan Chase & Co. owned approximately 0.10% of Blue Ridge Bankshares worth $245,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of BRBS. Graham Capital Wealth Management LLC raised its position in shares of Blue Ridge Bankshares by 1,446.2% in the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock valued at $1,682,000 after acquiring an additional 488,687 shares during the period. Geode Capital Management LLC raised its holdings in Blue Ridge Bankshares by 186.1% in the third quarter. Geode Capital Management LLC now owns 451,861 shares of the company's stock worth $1,265,000 after purchasing an additional 293,897 shares during the period. Truffle Hound Capital LLC bought a new position in shares of Blue Ridge Bankshares during the fourth quarter worth $483,000. Raymond James Financial Inc. acquired a new position in shares of Blue Ridge Bankshares in the 4th quarter valued at $364,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Blue Ridge Bankshares in the 4th quarter valued at $131,000. 50.48% of the stock is owned by institutional investors.
Insider Transactions at Blue Ridge Bankshares
In other Blue Ridge Bankshares news, Director Carolyn J. Woodruff sold 8,924 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the sale, the director now directly owns 138,179 shares in the company, valued at approximately $518,171.25. This trade represents a 6.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 3.08% of the stock is currently owned by insiders.
Blue Ridge Bankshares Trading Down 0.6 %
BRBS stock traded down $0.02 during midday trading on Friday, hitting $3.54. 28,931 shares of the company's stock were exchanged, compared to its average volume of 258,644. Blue Ridge Bankshares, Inc. has a one year low of $2.45 and a one year high of $3.83. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. The company has a market cap of $310.76 million, a PE ratio of -5.53 and a beta of 0.80. The stock's fifty day moving average price is $3.29 and its 200-day moving average price is $3.33.
About Blue Ridge Bankshares
(
Free Report)
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.
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