Barclays PLC boosted its holdings in shares of FVCBankcorp, Inc. (NASDAQ:FVCB – Free Report) by 286.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,529 shares of the company’s stock after buying an additional 15,957 shares during the quarter. Barclays PLC’s holdings in FVCBankcorp were worth $281,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of FVCBankcorp by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock worth $4,667,000 after acquiring an additional 4,820 shares in the last quarter. State Street Corp lifted its holdings in FVCBankcorp by 2.0% in the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after purchasing an additional 5,974 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in FVCBankcorp by 7.9% during the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock worth $2,383,000 after purchasing an additional 16,073 shares during the period. Bridgewater Advisors Inc. acquired a new position in FVCBankcorp during the third quarter valued at approximately $2,246,000. Finally, Fourthstone LLC acquired a new position in FVCBankcorp during the third quarter valued at approximately $1,371,000. 43.61% of the stock is currently owned by institutional investors.
Insider Transactions at FVCBankcorp
In other news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the completion of the sale, the chairman now directly owns 466,566 shares of the company’s stock, valued at approximately $6,298,641. This represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.99% of the stock is currently owned by corporate insiders.
FVCBankcorp Price Performance
FVCBankcorp (NASDAQ:FVCB – Get Free Report) last released its earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.29%. The firm had revenue of $30.05 million during the quarter, compared to analyst estimates of $15.07 million. On average, sell-side analysts expect that FVCBankcorp, Inc. will post 0.92 earnings per share for the current year.
FVCBankcorp Profile
FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.
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