FVCBankcorp, Inc. (NASDAQ:FVCB) Director Lawrence W. Schwartz Sells 2,700 Shares of Stock

FVCBankcorp, Inc. (NASDAQ:FVCBGet Rating) Director Lawrence W. Schwartz sold 2,700 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $19.80, for a total transaction of $53,460.00. Following the sale, the director now owns 7,701 shares of the company’s stock, valued at $152,479.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

FVCBankcorp Stock Performance

Shares of NASDAQ FVCB opened at $19.71 on Tuesday. The firm has a 50 day moving average of $19.67 and a 200 day moving average of $19.49. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $275.78 million, a price-to-earnings ratio of 10.95 and a beta of 0.31. FVCBankcorp, Inc. has a 12-month low of $18.00 and a 12-month high of $21.90.

FVCBankcorp (NASDAQ:FVCBGet Rating) last announced its earnings results on Thursday, October 20th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The company had revenue of $18.10 million during the quarter, compared to analyst estimates of $18.10 million. FVCBankcorp had a net margin of 33.48% and a return on equity of 13.20%. On average, research analysts anticipate that FVCBankcorp, Inc. will post 1.83 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FVCB. Lazard Asset Management LLC raised its holdings in FVCBankcorp by 58.6% during the second quarter. Lazard Asset Management LLC now owns 2,472 shares of the company’s stock valued at $46,000 after acquiring an additional 913 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of FVCBankcorp by 2,349.6% during the second quarter. BNP Paribas Arbitrage SA now owns 3,111 shares of the company’s stock worth $59,000 after purchasing an additional 2,984 shares in the last quarter. BNP Paribas Arbitrage SNC raised its stake in FVCBankcorp by 19.0% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 3,701 shares of the company’s stock valued at $71,000 after purchasing an additional 590 shares during the period. American International Group Inc. purchased a new position in FVCBankcorp in the 2nd quarter worth approximately $105,000. Finally, Citigroup Inc. purchased a new position in FVCBankcorp in the 1st quarter worth approximately $112,000. Hedge funds and other institutional investors own 37.24% of the company’s stock.

About FVCBankcorp

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FVCBankcorp, Inc operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit.

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Insider Buying and Selling by Quarter for FVCBankcorp (NASDAQ:FVCB)

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