Jane Street Group LLC Decreases Stock Holdings in FVCBankcorp, Inc. (NASDAQ:FVCB)

Jane Street Group LLC decreased its position in FVCBankcorp, Inc. (NASDAQ:FVCB) by 42.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,010 shares of the company’s stock after selling 7,297 shares during the quarter. Jane Street Group LLC owned approximately 0.06% of FVCBankcorp worth $131,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. State Street Corp increased its position in shares of FVCBankcorp by 2.0% in the third quarter. State Street Corp now owns 307,284 shares of the company’s stock valued at $4,010,000 after acquiring an additional 5,974 shares during the period. Fourthstone LLC purchased a new position in shares of FVCBankcorp in the third quarter valued at about $1,371,000. Empowered Funds LLC increased its position in shares of FVCBankcorp by 5.2% in the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock valued at $707,000 after acquiring an additional 2,680 shares during the period. Bridgewater Advisors Inc. purchased a new position in shares of FVCBankcorp in the third quarter valued at about $2,246,000. Finally, Dimensional Fund Advisors LP increased its position in shares of FVCBankcorp by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after acquiring an additional 16,073 shares during the period. Hedge funds and other institutional investors own 43.61% of the company’s stock.

Insider Activity at FVCBankcorp

In related news, Chairman David W. Pijor sold 2,000 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the transaction, the chairman now owns 466,566 shares in the company, valued at $6,298,641. The trade was a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.99% of the stock is owned by corporate insiders.

FVCBankcorp Price Performance

FVCB stock opened at $11.45 on Tuesday. The firm’s 50-day moving average price is $13.19 and its two-hundred day moving average price is $12.45. FVCBankcorp, Inc. has a 12-month low of $9.78 and a 12-month high of $14.50. The stock has a market capitalization of $208.44 million, a price-to-earnings ratio of 42.41 and a beta of 0.28. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09.

FVCBankcorp (NASDAQ:FVCB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.29%. The company had revenue of $30.05 million for the quarter, compared to analysts’ expectations of $15.07 million. As a group, equities analysts predict 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.