Bridgewater Advisors Inc. Has $2.74 Million Position in FVCBankcorp, Inc. (NASDAQ:FVCB)

Bridgewater Advisors Inc. cut its stake in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 3.3% in the 4th quarter, HoldingsChannel reports. The fund owned 192,929 shares of the company’s stock after selling 6,612 shares during the quarter. Bridgewater Advisors Inc.’s holdings in FVCBankcorp were worth $2,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FVCB. New York State Common Retirement Fund grew its holdings in FVCBankcorp by 1,504.6% during the 4th quarter. New York State Common Retirement Fund now owns 7,670 shares of the company’s stock worth $109,000 after acquiring an additional 7,192 shares during the last quarter. Burt Wealth Advisors acquired a new position in shares of FVCBankcorp during the fourth quarter valued at about $173,000. J.W. Cole Advisors Inc. bought a new stake in shares of FVCBankcorp during the fourth quarter valued at approximately $414,000. SG Americas Securities LLC acquired a new position in FVCBankcorp during the fourth quarter worth $124,000. Finally, Savant Capital LLC lifted its position in FVCBankcorp by 3.3% in the 3rd quarter. Savant Capital LLC now owns 157,210 shares of the company’s stock valued at $2,014,000 after acquiring an additional 5,046 shares in the last quarter. 43.61% of the stock is currently owned by institutional investors.

FVCBankcorp Price Performance

Shares of FVCB traded up $0.10 during mid-day trading on Tuesday, reaching $11.51. 15,665 shares of the stock traded hands, compared to its average volume of 20,991. The firm has a fifty day moving average price of $11.64 and a 200 day moving average price of $12.19. FVCBankcorp, Inc. has a 1 year low of $8.30 and a 1 year high of $15.39. The company has a market cap of $205.80 million, a price-to-earnings ratio of 47.96 and a beta of 0.21. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.48.

Insiders Place Their Bets

In other FVCBankcorp news, Chairman David W. Pijor sold 5,000 shares of the company’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $11.75, for a total transaction of $58,750.00. Following the completion of the sale, the chairman now directly owns 446,010 shares in the company, valued at $5,240,617.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other FVCBankcorp news, Chairman David W. Pijor sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $11.75, for a total value of $58,750.00. Following the completion of the sale, the chairman now directly owns 446,010 shares in the company, valued at $5,240,617.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William G. Byers sold 15,081 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $12.01, for a total transaction of $181,122.81. Following the completion of the sale, the insider now directly owns 40,290 shares in the company, valued at $483,882.90. The disclosure for this sale can be found here. Insiders sold a total of 50,641 shares of company stock valued at $609,335 over the last 90 days. Insiders own 13.99% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TheStreet lowered shares of FVCBankcorp from a “b” rating to a “c+” rating in a research note on Wednesday, January 24th.

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.