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Xenith Bankshares (NASDAQ:XBKS) EVP Wellington W. Cottrell III bought 2,000 shares of the stock on the open market in a transaction dated Wednesday, August 20th. The stock was purchased at an average price of $6.55 per share, for a total transaction of $13,100.00. Following the completion of the acquisition, the executive vice president now directly owns 43,385 shares of the company’s stock, valued at approximately $284,172. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 6.45 on Monday. Xenith Bankshares has a 1-year low of $5.50 and a 1-year high of $6.76. The stock has a 50-day moving average of $6.50 and a 200-day moving average of $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 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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