Insider Buying: Judy Carol Gavant Purchases 1,000 Shares of Xenith Bankshares Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) SVP Judy Carol Gavant acquired 1,000 shares of Xenith Bankshares stock in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $6.48 per share, for a total transaction of $6,480.00. Following the purchase, the senior vice president now directly owns 27,998 shares of the company’s stock, valued at approximately $181,427. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Xenith Bankshares (NASDAQ:XBKS) traded up 0.60% during mid-day trading on Monday, hitting $6.489. The stock had a trading volume of 9,511 shares. 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 $6.15. The company has a market cap of $78.1 million and a price-to-earnings ratio of 70.88.
Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly earnings results 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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