Xenith Bankshares CEO Acquires $16,175 in Stock (XBKS)
Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield acquired 2,500 shares of Xenith Bankshares stock in a transaction that occurred on Monday, August 25th. The shares were purchased at an average cost of $6.47 per share, with a total value of $16,175.00. Following the completion of the acquisition, the chief executive officer now directly owns 168,500 shares in the company, valued at approximately $1,090,195. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 6.391 on Wednesday. Xenith Bankshares has a 52-week low of $5.50 and a 52-week high of $6.76. The stock’s 50-day moving average is $6.49 and its 200-day moving average is $6.16. The company has a market cap of $76.9 million and a P/E ratio of 71.31.
Xenith Bankshares (NASDAQ:XBKS) last announced its earnings results on Wednesday, August 6th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters 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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