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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield acquired 2,500 shares of the stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average cost of $6.35 per share, with a total value of $15,875.00. Following the purchase, the chief executive officer now directly owns 163,500 shares of the company’s stock, valued at approximately $1,038,225. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of 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 P/E ratio of 70.33.

Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters 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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