Middleburg Financial Corp. Director John C. Iv Lee Purchases 1,945 Shares (MBRG)
Middleburg Financial Corp. (NASDAQ:MBRG) Director John C. Iv Lee bought 1,945 shares of Middleburg Financial Corp. stock in a transaction dated Wednesday, May 28th. The stock was purchased at an average cost of $18.17 per share, for a total transaction of $35,340.65. Following the completion of the transaction, the director now directly owns 40,852 shares in the company, valued at approximately $742,281. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Middleburg Financial Corp. (NASDAQ:MBRG) opened at 18.25 on Friday. Middleburg Financial Corp. has a 52-week low of $16.53 and a 52-week high of $21.81. The stock has a 50-day moving average of $18.11 and a 200-day moving average of $18.35. The company has a market cap of $129.1 million and a P/E ratio of 18.91.
Middleburg Financial Corp. (NASDAQ:MBRG) last announced its earnings results on Wednesday, April 30th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.09. On average, analysts predict that Middleburg Financial Corp. will post $1.06 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on MBRG shares. Analysts at Zacks upgraded shares of Middleburg Financial Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, May 8th.
Middleburg Financial Corporation is a bank holding company. The Company conducts its primary operations through two wholly owned subsidiaries, Middleburg Bank and Middleburg Investment Group, Inc The Company has one other wholly owned subsidiary, MFC Capital Trust II, which is a Delaware Business Trust.
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