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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield bought 2,500 shares of Xenith Bankshares stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $6.44 per share, for a total transaction of $16,100.00. Following the completion of the transaction, 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 SEC, 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 P/E ratio of 70.88.

Xenith Bankshares (NASDAQ:XBKS) last announced its earnings results on Wednesday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the 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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