B. Todd Dempsey Sells 3,133 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB) Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) COO B. Todd Dempsey sold 3,133 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $10.82, for a total transaction of $33,899.06. Following the completion of the transaction, the chief operating officer now owns 81,217 shares in the company, valued at approximately $878,767.94. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

B. Todd Dempsey also recently made the following trade(s):

• On Monday, June 10th, B. Todd Dempsey sold 1,089 shares of FVCBankcorp stock. The stock was sold at an average price of $10.73, for a total transaction of $11,684.97.
• On Friday, June 7th, B. Todd Dempsey sold 1,070 shares of FVCBankcorp stock. The shares were sold at an average price of $11.13, for a total value of $11,909.10.

FVCBankcorp Stock Down 0.9 %

Shares of FVCB opened at $10.21 on Friday. The company has a market capitalization of $183.68 million, a price-to-earnings ratio of 42.54 and a beta of 0.27. FVCBankcorp, Inc. has a 52 week low of $9.78 and a 52 week high of $15.39. The stock’s 50-day moving average price is $11.13 and its 200-day moving average price is $12.11. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09.

FVCBankcorp (NASDAQ:FVCB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The business had revenue of $13.19 million for the quarter, compared to analyst estimates of $13.82 million. FVCBankcorp had a return on equity of 7.33% and a net margin of 4.55%. On average, sell-side analysts predict that FVCBankcorp, Inc. will post 0.91 EPS for the current year.

Institutional Trading of FVCBankcorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in FVCBankcorp in the fourth quarter valued at approximately $124,000. J.W. Cole Advisors Inc. purchased a new position in FVCBankcorp during the fourth quarter valued at $414,000. Burt Wealth Advisors acquired a new stake in shares of FVCBankcorp in the fourth quarter valued at about $173,000. New York State Common Retirement Fund increased its stake in shares of FVCBankcorp by 1,504.6% during the fourth quarter. New York State Common Retirement Fund now owns 7,670 shares of the company’s stock worth $109,000 after purchasing an additional 7,192 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of FVCBankcorp by 69.2% during the 1st quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock worth $94,000 after purchasing an additional 3,152 shares during the last quarter. Institutional investors and hedge funds own 43.61% of the company’s stock.

About FVCBankcorp

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.