FVCBankcorp, Inc. (NASDAQ:FVCB) Stock Position Lifted by Warner Financial Inc.

Warner Financial Inc. increased its position in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 26.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,190 shares of the company’s stock after purchasing an additional 4,882 shares during the quarter. Warner Financial Inc.’s holdings in FVCBankcorp were worth $291,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FVCB. Geode Capital Management LLC grew its position 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 valued at $4,667,000 after buying an additional 4,820 shares during the last quarter. State Street Corp boosted its position in FVCBankcorp by 2.0% during the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock valued at $4,010,000 after purchasing an additional 5,974 shares during the period. Dimensional Fund Advisors LP increased its position in FVCBankcorp by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock worth $2,383,000 after buying an additional 16,073 shares during the period. Bridgewater Advisors Inc. acquired a new position in shares of FVCBankcorp during the third quarter valued at $2,246,000. Finally, Fourthstone LLC bought a new position in shares of FVCBankcorp during the third quarter worth about $1,371,000. Institutional investors own 43.61% of the company’s stock.

Insider Activity at FVCBankcorp

In other FVCBankcorp news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the transaction, the chairman now directly owns 466,566 shares of the company’s stock, valued at approximately $6,298,641. This trade represents a 0.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 13.99% of the company’s stock.

FVCBankcorp Price Performance

Shares of NASDAQ:FVCB opened at $12.72 on Tuesday. 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 firm’s 50 day moving average is $12.87 and its two-hundred day moving average is $12.56. The firm has a market capitalization of $231.50 million, a P/E ratio of 47.11 and a beta of 0.28. FVCBankcorp, Inc. has a 52 week low of $9.78 and a 52 week high of $14.50.

FVCBankcorp (NASDAQ:FVCB) last announced its earnings results on Thursday, January 23rd. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%. Analysts anticipate that FVCBankcorp, Inc. will post 0.92 earnings per share for the current year.

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.