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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield purchased 2,500 shares of Xenith Bankshares stock on the open market in a transaction dated Monday, August 25th. The stock was purchased at an average cost of $6.47 per share, for a total transaction of $16,175.00. Following the acquisition, the chief executive officer now directly owns 168,500 shares of the company’s stock, valued at approximately $1,090,195. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Xenith Bankshares (NASDAQ:XBKS) traded down 1.83% during mid-day trading on Tuesday, hitting $6.37. 1,525 shares of the company’s stock traded hands. Xenith Bankshares has a 1-year low of $5.50 and a 1-year high of $6.76. The stock’s 50-day moving average is $6.50 and its 200-day moving average is $6.16. The company has a market cap of $76.7 million and a P/E ratio of 71.31.

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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