Insider Buying: Xenith Bankshares SVP Purchases 1,000 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) SVP Judy Carol Gavant acquired 1,000 shares of the stock on the open market in a transaction dated Thursday, August 14th. The shares were purchased at an average cost of $6.59 per share, with a total value of $6,590.00. Following the completion of the purchase, the senior vice president now directly owns 26,998 shares in the company, valued at approximately $177,917. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Xenith Bankshares (NASDAQ:XBKS) traded down 0.94% during mid-day trading on Friday, hitting $6.32. The stock had a trading volume of 3,929 shares. 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 P/E ratio of 70.11.
Xenith Bankshares (NASDAQ:XBKS) last announced its 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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