Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Carolyn J. Woodruff Sells 8,924 Shares

Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Carolyn J. Woodruff sold 8,924 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the completion of the sale, the director now directly owns 138,179 shares of the company’s stock, valued at $518,171.25. The trade was a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Blue Ridge Bankshares Price Performance

Shares of NASDAQ:BRBS opened at $3.26 on Thursday. The company has a 50-day simple moving average of $3.45 and a 200-day simple moving average of $3.19. 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 stock has a market capitalization of $239.66 million, a price-to-earnings ratio of -5.09 and a beta of 0.80.

Institutional Investors Weigh In On Blue Ridge Bankshares

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Walleye Capital LLC purchased a new position in Blue Ridge Bankshares during the third quarter worth about $34,000. Alpine Global Management LLC purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at about $34,000. Fiduciary Trust Co purchased a new position in Blue Ridge Bankshares in the third quarter valued at about $38,000. Boothbay Fund Management LLC acquired a new stake in shares of Blue Ridge Bankshares in the fourth quarter valued at approximately $41,000. Finally, Wells Fargo & Company MN acquired a new stake in shares of Blue Ridge Bankshares in the fourth quarter valued at approximately $42,000. 50.48% of the stock is owned by hedge funds and other institutional investors.

About Blue Ridge Bankshares

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.