Insider Buying: Judy Carol Gavant Acquires 1,000 Shares of Xenith Bankshares Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) SVP Judy Carol Gavant bought 1,000 shares of the company’s stock on the open market in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $6.48 per share, with a total value 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 document filed with the Securities & Exchange Commission, which is available at this link.
Xenith Bankshares (NASDAQ:XBKS) opened at 6.489 on Tuesday. 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 $6.16. 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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