Barclays PLC lifted its holdings in FVCBankcorp, Inc. (NASDAQ:FVCB – Free Report) by 286.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,529 shares of the company’s stock after purchasing an additional 15,957 shares during the period. Barclays PLC owned about 0.12% of FVCBankcorp worth $281,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in FVCB. Bank of New York Mellon Corp grew its position in FVCBankcorp by 17.1% in the second 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 last quarter. Empowered Funds LLC raised its position in shares of FVCBankcorp by 5.2% during the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock worth $707,000 after purchasing an additional 2,680 shares during the period. Fourthstone LLC acquired a new stake in shares of FVCBankcorp during the third quarter worth $1,371,000. Bridgewater Advisors Inc. purchased a new stake in shares of FVCBankcorp during the third quarter valued at $2,246,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of FVCBankcorp by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after purchasing an additional 16,073 shares during the period. 43.61% of the stock is currently owned by institutional investors.
FVCBankcorp Price Performance
NASDAQ FVCB opened at $11.81 on Tuesday. FVCBankcorp, Inc. has a 1 year low of $9.78 and a 1 year high of $14.50. The stock’s 50-day moving average price is $13.05 and its two-hundred day moving average price is $12.49. The company has a market cap of $214.94 million, a PE ratio of 43.74 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.
Insider Buying and Selling at FVCBankcorp
In related news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the completion of the sale, the chairman now directly owns 466,566 shares of the company’s stock, valued at approximately $6,298,641. This represents a 0.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 13.99% of the company’s stock.
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.
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