FVCBankcorp, Inc. (NASDAQ:FVCB) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in FVCBankcorp, Inc. (NASDAQ:FVCB) by 148.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,628 shares of the company’s stock after acquiring an additional 14,696 shares during the quarter. JPMorgan Chase & Co. owned 0.14% of FVCBankcorp worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of FVCBankcorp by 286.4% in the 3rd quarter. Barclays PLC now owns 21,529 shares of the company’s stock valued at $281,000 after purchasing an additional 15,957 shares in the last quarter. Empowered Funds LLC lifted its position in FVCBankcorp by 5.2% during the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock valued at $707,000 after buying an additional 2,680 shares in the last quarter. Fourthstone LLC purchased a new stake in FVCBankcorp during the third quarter worth approximately $1,371,000. Bridgewater Advisors Inc. acquired a new stake in shares of FVCBankcorp in the third quarter worth $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 worth $2,383,000 after acquiring an additional 16,073 shares in the last quarter. Hedge funds and other institutional investors own 43.61% of the company’s stock.

FVCBankcorp Stock Performance

NASDAQ:FVCB opened at $12.37 on Friday. The firm’s fifty day simple moving average is $12.83 and its 200 day simple moving average is $12.56. 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, Inc. has a twelve month low of $9.78 and a twelve month high of $14.50. The firm has a market capitalization of $225.18 million, a price-to-earnings ratio of 45.81 and a beta of 0.28.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.29% and a net margin of 4.95%. As a group, equities research analysts expect that FVCBankcorp, Inc. will post 0.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Chairman David W. Pijor sold 2,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction 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 trade represents a 0.43 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 13.99% of the stock is currently owned by corporate insiders.

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.