In a report released today, Casey Whitman from Piper Sandler maintained a Buy rating on FVCBankcorp (FVCB – Research Report), with a price target of $13.50. The company’s shares closed yesterday at $11.50.
According to TipRanks, Whitman is a 4-star analyst with an average return of 8.7% and a 54.62% success rate. Whitman covers the Financial sector, focusing on stocks such as City Holding Company, Eagle Bancorp, and Stock Yards Bancorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FVCBankcorp with a $13.50 average price target.
Based on FVCBankcorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.7 million and a GAAP net loss of $5.07 million. In comparison, last year the company earned a revenue of $16.53 million and had a net profit of $4.9 million
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FVCB in relation to earlier this year. Earlier this month, Sidney G Simmonds, a Director at FVCB bought 24,413.00 shares for a total of $135,736.28.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
FVCBankcorp (FVCB) Company Description:
FVCBankcorp, Inc. operates as a bank holding company, which provides financial services. The firm serves the banking needs of commercial businesses, non-profit organizations, professional service entities, their owners and employees located in the greater Washington, D.C., metropolitan and Northern Virginia area. The company was founded in 2015 and is headquartered in Fairfax, VA.
