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

Xenith Bankshares (NASDAQ:XBKS) opened at 6.45 on Monday. 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 $77.7 million and a price-to-earnings ratio of 70.99.

Xenith Bankshares (NASDAQ:XBKS) last issued its quarterly earnings data 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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