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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield purchased 2,500 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of $6.44 per share, with a total value of $16,100.00. Following the completion of the purchase, the chief executive officer now directly owns 166,000 shares of the company’s stock, valued at approximately $1,069,040. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Xenith Bankshares (NASDAQ:XBKS) traded up 0.60% on Monday, hitting $6.489. 9,511 shares of the company’s stock traded hands. Xenith Bankshares has a one year low of $5.50 and a one year 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. 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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