Insider Buying: Xenith Bankshares EVP Acquires 1,400 Shares of Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) EVP Wellington W. Cottrell III purchased 1,400 shares of Xenith Bankshares stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $6.47 per share, with a total value of $9,058.00. Following the purchase, the executive vice president now directly owns 44,785 shares in the company, valued at approximately $289,759. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 6.489 on Tuesday. Xenith Bankshares has a 52 week low of $5.50 and a 52 week 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 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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