Insider Buying: Xenith Bankshares CFO Buys 2,000 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) CFO Thomas W. Osgood acquired 2,000 shares of Xenith Bankshares stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $6.57 per share, for a total transaction of $13,140.00. Following the completion of the purchase, the chief financial officer now directly owns 67,435 shares of the company’s stock, valued at approximately $443,048. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 6.32 on Friday. Xenith Bankshares has a 52 week low of $5.50 and a 52 week high of $6.76. The stock’s 50-day moving average is $6.48 and its 200-day moving average is $6.14. The company has a market cap of $76.1 million and a price-to-earnings ratio of 71.69.
Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.01. Analysts expect that Xenith Bankshares will post $0.15 EPS for the current fiscal year.
Xenith Bankshares, Inc (NASDAQ:XBKS), formerly First Bankshares, Inc, is a bank holding company of Xenith Bank (the Bank).
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