Insider Buying: Xenith Bankshares CFO Buys 3,000 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) CFO Thomas W. Osgood purchased 3,000 shares of the stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average cost of $6.54 per share, with a total value of $19,620.00. Following the completion of the acquisition, the chief financial officer now directly owns 70,435 shares in the company, valued at approximately $460,645. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 6.46 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 $6.50 and its 200-day moving average is $6.1. The company has a market cap of $77.8 million and a P/E ratio of 70.33.
Xenith Bankshares (NASDAQ:XBKS) last released its earnings data on Wednesday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.01. On average, analysts predict that Xenith Bankshares will post $0.15 earnings per share 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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