American Century Companies Inc. Sells 2,321 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

American Century Companies Inc. trimmed its holdings in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 6.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,710 shares of the company’s stock after selling 2,321 shares during the quarter. American Century Companies Inc. owned about 0.19% of FVCBankcorp worth $368,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Evermay Wealth Management LLC lifted its holdings in FVCBankcorp by 437.3% in 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. Vanguard Group Inc. lifted its stake in shares of FVCBankcorp by 1.5% in 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 last quarter. Princeton Capital Management LLC acquired a new stake in shares of FVCBankcorp in the second quarter worth $109,000. Bank of New York Mellon Corp boosted its holdings in shares of FVCBankcorp by 17.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock worth $577,000 after buying an additional 7,709 shares during the period. Finally, Chevy Chase Trust Holdings LLC grew its stake in FVCBankcorp by 45.8% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock valued at $215,000 after buying an additional 6,187 shares during the last quarter. 43.61% of the stock is currently owned by institutional investors.

Insider Transactions at FVCBankcorp

In other news, Director Phillip R. Wills III sold 4,848 shares of the firm’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $11.48, for a total value of $55,655.04. Following the sale, the director now owns 74,535 shares in the company, valued at $855,661.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Sharon L. Jackson sold 2,400 shares of FVCBankcorp 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 approximately $303,392.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Phillip R. Wills III sold 4,848 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $11.48, for a total value of $55,655.04. Following the completion of the transaction, the director now owns 74,535 shares of the company’s stock, valued at $855,661.80. The disclosure for this sale can be found here. Insiders sold a total of 11,162 shares of company stock worth $128,427 over the last three months. 13.99% of the stock is currently owned by insiders.

FVCBankcorp Stock Performance

Shares of FVCB opened at $12.36 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. FVCBankcorp, Inc. has a one year low of $9.78 and a one year high of $15.39. The company’s fifty day moving average price is $11.92 and its 200 day moving average price is $11.47. The company has a market capitalization of $222.29 million, a PE ratio of 51.50 and a beta of 0.22.

FVCBankcorp (NASDAQ:FVCB) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.23 EPS 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 business had revenue of $28.84 million for the quarter, compared to analyst estimates of $14.08 million. As a group, analysts expect that FVCBankcorp, Inc. will post 0.92 earnings per share for the current year.

FVCBankcorp 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.