Fourthstone LLC Makes New Investment in FVCBankcorp, Inc. (NASDAQ:FVCB)

Fourthstone LLC bought a new stake in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) during the 3rd quarter, Holdings Channel.com reports. The fund bought 105,036 shares of the company’s stock, valued at approximately $1,371,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bridgewater Advisors Inc. purchased a new position in FVCBankcorp in the third quarter worth $2,246,000. Evermay Wealth Management LLC raised its position in shares of FVCBankcorp by 437.3% in the 2nd quarter. Evermay Wealth Management LLC now owns 95,914 shares of the company’s stock valued at $1,047,000 after purchasing an additional 78,064 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of FVCBankcorp by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after purchasing an additional 16,073 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of FVCBankcorp by 1.5% during the first quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock worth $9,897,000 after buying an additional 11,977 shares during the period. Finally, Princeton Capital Management LLC purchased a new stake in FVCBankcorp during the 2nd quarter valued at about $109,000. Hedge funds and other institutional investors own 43.61% of the company’s stock.

FVCBankcorp Stock Performance

Shares of FVCB stock traded up $0.29 during trading hours on Thursday, hitting $13.93. The company’s stock had a trading volume of 10,025 shares, compared to its average volume of 23,532. FVCBankcorp, Inc. has a 12-month low of $9.78 and a 12-month high of $15.39. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The stock has a market cap of $253.58 million, a PE ratio of 51.59 and a beta of 0.22. The company has a 50 day moving average of $13.18 and a 200 day moving average of $11.96.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%. The company had revenue of $30.05 million for the quarter, compared to the consensus estimate of $15.07 million. On average, sell-side analysts forecast that FVCBankcorp, Inc. will post 0.92 EPS for the current fiscal year.

Insider Buying and Selling

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of the company’s stock in a transaction 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 in the company, valued at $6,298,641. This represents a 0.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 13.99% of the stock is owned by company insiders.

FVCBankcorp Company 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.