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Xenith Bankshares (NASDAQ:XBKS) EVP Wellington W. Cottrell III acquired 1,400 shares of Xenith Bankshares stock in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $6.47 per share, for a total transaction of $9,058.00. Following the acquisition, the executive vice president now directly owns 44,785 shares of the company’s stock, valued at approximately $289,759. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Xenith Bankshares (NASDAQ:XBKS) traded down 0.15% on Friday, hitting $6.45. The stock had a trading volume of 5,701 shares. 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 price-to-earnings ratio of 70.99.

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. 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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