FNY Investment Advisers LLC Trims Stake in Mvb Financial Corp. (MVBF)

FNY Investment Advisers LLC reduced its position in shares of Mvb Financial Corp. (OTCMKTS:MVBF) by 79.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,700 shares of the financial services provider’s stock after selling 36,972 shares during the period. FNY Investment Advisers LLC owned about 0.09% of Mvb Financial worth $174,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Mvb Financial in the second quarter valued at approximately $6,473,000. Millennium Management LLC bought a new stake in Mvb Financial in the first quarter valued at approximately $1,992,000. Northern Trust Corp bought a new stake in Mvb Financial in the second quarter valued at approximately $1,248,000. Seidman Lawrence B bought a new stake in Mvb Financial in the second quarter valued at approximately $902,000. Finally, Wesbanco Bank Inc. bought a new stake in Mvb Financial in the second quarter valued at approximately $408,000. Institutional investors own 4.98% of the company’s stock.

Shares of MVBF opened at $18.59 on Wednesday. Mvb Financial Corp. has a 52-week low of $14.65 and a 52-week high of $20.40. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 0.84.



Mvb Financial (OTCMKTS:MVBF) last issued its quarterly earnings results on Monday, July 30th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. Mvb Financial had a return on equity of 6.27% and a net margin of 8.73%. The firm had revenue of $23.45 million for the quarter.

In other Mvb Financial news, CFO Donald T. Robinson sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $16.75, for a total value of $335,000.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 14.94% of the stock is currently owned by insiders.

Mvb Financial Profile

MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region.

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Institutional Ownership by Quarter for Mvb Financial (OTCMKTS:MVBF)

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