Insider Buying: Xenith Bankshares EVP Purchases 1,400 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) EVP Wellington W. Cottrell III purchased 1,400 shares of Xenith Bankshares stock on the open market in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $6.47 per share, for a total transaction of $9,058.00. Following the completion of the transaction, the executive vice president now directly owns 44,785 shares in the company, valued at approximately $289,759. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Xenith Bankshares (NASDAQ:XBKS) traded down 0.15% during mid-day trading on Friday, hitting $6.45. 5,701 shares of the company’s stock traded hands. Xenith Bankshares has a 52-week low of $5.50 and a 52-week high of $6.76. The stock has a 50-day moving average of $6.50 and a 200-day moving average of $6.1. The company has a market cap of $77.7 million and a P/E ratio of 70.99.
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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