SG Americas Securities LLC Acquires New Holdings in FVCBankcorp, Inc. (NASDAQ:FVCB)

SG Americas Securities LLC acquired a new stake in FVCBankcorp, Inc. (NASDAQ:FVCB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,710 shares of the company’s stock, valued at approximately $124,000.

A number of other large investors have also recently added to or reduced their stakes in FVCB. JPMorgan Chase & Co. grew its stake in FVCBankcorp by 79,514.3% in the 1st quarter. JPMorgan Chase & Co. now owns 11,146 shares of the company’s stock valued at $231,000 after acquiring an additional 11,132 shares during the last quarter. Citigroup Inc. acquired a new stake in FVCBankcorp in the 1st quarter valued at about $112,000. Acadian Asset Management LLC acquired a new stake in FVCBankcorp in the 1st quarter valued at about $127,000. BlackRock Inc. grew its stake in FVCBankcorp by 1.0% in the 1st quarter. BlackRock Inc. now owns 90,638 shares of the company’s stock valued at $1,881,000 after acquiring an additional 857 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of FVCBankcorp by 12.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 62,534 shares of the company’s stock worth $1,298,000 after purchasing an additional 6,927 shares during the last quarter. 43.61% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at FVCBankcorp

In other news, Chairman David W. Pijor sold 5,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $11.75, for a total transaction of $58,750.00. Following the transaction, the chairman now directly owns 446,010 shares in the company, valued at approximately $5,240,617.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, Chairman David W. Pijor sold 5,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $11.75, for a total transaction of $58,750.00. Following the transaction, the chairman now directly owns 446,010 shares in the company, valued at approximately $5,240,617.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider William G. Byers sold 4,450 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $12.04, for a total transaction of $53,578.00. Following the transaction, the insider now owns 40,290 shares in the company, valued at $485,091.60. The disclosure for this sale can be found here. Insiders have sold a total of 80,406 shares of company stock worth $988,782 in the last three months. Company insiders own 13.99% of the company’s stock.

FVCBankcorp Price Performance

FVCBankcorp stock opened at $10.45 on Thursday. FVCBankcorp, Inc. has a 12-month low of $8.30 and a 12-month high of $15.39. The stock has a market capitalization of $186.81 million, a P/E ratio of 52.25 and a beta of 0.21. The firm’s 50-day moving average is $11.75 and its two-hundred day moving average is $12.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.01 and a quick ratio of 1.01.

FVCBankcorp (NASDAQ:FVCB) last released its quarterly earnings results on Tuesday, January 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. FVCBankcorp had a net margin of 4.10% and a return on equity of 7.99%. The company had revenue of $16.79 million for the quarter, compared to analysts’ expectations of $14.10 million. Equities analysts predict that FVCBankcorp, Inc. will post 0.98 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, TheStreet cut shares of FVCBankcorp from a “b” rating to a “c+” rating in a research note on Wednesday, January 24th.

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.