Dimensional Fund Advisors LP Buys 16,073 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

Dimensional Fund Advisors LP increased its stake in shares of FVCBankcorp, Inc. (NASDAQ:FVCBFree Report) by 7.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 218,271 shares of the company’s stock after acquiring an additional 16,073 shares during the period. Dimensional Fund Advisors LP owned about 1.21% of FVCBankcorp worth $2,383,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Evermay Wealth Management LLC increased its position in shares of FVCBankcorp by 437.3% during the 2nd quarter. Evermay Wealth Management LLC now owns 95,914 shares of the company’s stock worth $1,047,000 after purchasing an additional 78,064 shares during the last quarter. Princeton Capital Management LLC acquired a new position in FVCBankcorp during the second quarter worth $109,000. Bank of New York Mellon Corp raised its position in FVCBankcorp by 17.1% during the second quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock worth $577,000 after acquiring an additional 7,709 shares in the last quarter. Chevy Chase Trust Holdings LLC lifted its stake in FVCBankcorp by 45.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock valued at $215,000 after acquiring an additional 6,187 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of FVCBankcorp by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock valued at $9,897,000 after acquiring an additional 11,977 shares during the period. 43.61% of the stock is owned by institutional investors and hedge funds.

FVCBankcorp Stock Up 2.2 %

FVCBankcorp stock opened at $12.75 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. The company’s 50-day moving average is $11.96 and its 200-day moving average is $11.50. The firm has a market capitalization of $231.92 million, a PE ratio of 53.13 and a beta of 0.22. FVCBankcorp, Inc. has a fifty-two week low of $9.78 and a fifty-two week high of $15.39.

FVCBankcorp (NASDAQ:FVCBGet Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. FVCBankcorp had a return on equity of 7.16% and a net margin of 4.44%. The firm had revenue of $28.84 million for the quarter, compared to the consensus estimate of $14.08 million. Sell-side analysts anticipate that FVCBankcorp, Inc. will post 0.92 earnings per share for the current year.

Insider Activity at FVCBankcorp

In other FVCBankcorp news, EVP Sharon L. Jackson sold 2,400 shares of FVCBankcorp stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $10.61, for a total transaction of $25,464.00. Following the completion of the transaction, the executive vice president now directly owns 28,595 shares of the company’s stock, valued at $303,392.95. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Phillip R. Wills III sold 4,848 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $11.48, for a total value of $55,655.04. Following the transaction, the director now owns 74,535 shares in the company, valued at approximately $855,661.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sharon L. Jackson sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $10.61, for a total transaction of $25,464.00. Following the sale, the executive vice president now owns 28,595 shares of the company’s stock, valued at $303,392.95. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,162 shares of company stock worth $128,427. Company insiders own 13.99% of the company’s stock.

FVCBankcorp Profile

(Free Report)

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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Institutional Ownership by Quarter for FVCBankcorp (NASDAQ:FVCB)

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