Insider Buying: Xenith Bankshares EVP Buys 2,000 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) EVP Wellington W. Cottrell III purchased 2,000 shares of Xenith Bankshares stock on the open market in a transaction that occurred on Wednesday, August 20th. The stock was purchased at an average cost of $6.55 per share, with a total value of $13,100.00. Following the completion of the acquisition, the executive vice president now directly owns 43,385 shares in the company, valued at approximately $284,172. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Xenith Bankshares (NASDAQ:XBKS) opened at 6.46 on Friday. Xenith Bankshares has a 1-year low of $5.50 and a 1-year 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 price-to-earnings 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 for the quarter, missing the analysts’ 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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