Virtu Financial LLC Takes $79,000 Position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Virtu Financial LLC bought a new stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,515 shares of the company’s stock, valued at approximately $79,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BRBS. Azora Capital LP increased its position in Blue Ridge Bankshares by 33.5% during the third quarter. Azora Capital LP now owns 2,688,761 shares of the company’s stock valued at $7,529,000 after acquiring an additional 674,146 shares during the last quarter. Banc Funds Co. LLC grew its holdings in Blue Ridge Bankshares by 79.5% during the 3rd quarter. Banc Funds Co. LLC now owns 2,130,722 shares of the company’s stock valued at $5,966,000 after purchasing an additional 944,000 shares during the last quarter. Graham Capital Wealth Management LLC raised its position in Blue Ridge Bankshares by 1,446.2% in the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock worth $1,682,000 after purchasing an additional 488,687 shares during the period. Geode Capital Management LLC lifted its stake in Blue Ridge Bankshares by 186.1% in the third quarter. Geode Capital Management LLC now owns 451,861 shares of the company’s stock worth $1,265,000 after purchasing an additional 293,897 shares during the last quarter. Finally, Jacobs Asset Management LLC boosted its position in shares of Blue Ridge Bankshares by 65.8% during the third quarter. Jacobs Asset Management LLC now owns 379,377 shares of the company’s stock valued at $1,062,000 after buying an additional 150,583 shares during the period. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Insider Buying and Selling at Blue Ridge Bankshares

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total transaction of $33,465.00. Following the transaction, the director now owns 138,179 shares in the company, valued at approximately $518,171.25. This trade represents a 6.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 4.92% of the stock is owned by corporate insiders.

Blue Ridge Bankshares Stock Performance

BRBS stock opened at $3.26 on Tuesday. The firm has a market cap of $286.20 million, a price-to-earnings ratio of -5.09 and a beta of 0.80. Blue Ridge Bankshares, Inc. has a twelve month low of $2.45 and a twelve month high of $3.83. The business’s fifty day simple moving average is $3.45 and its two-hundred day simple moving average is $3.24. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.68.

Blue Ridge Bankshares Profile

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.