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Xenith Bankshares (NASDAQ:XBKS) CEO T. Gaylon Layfield purchased 2,500 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were purchased at an average price of $6.47 per share, with a total value of $16,175.00. Following the completion of the purchase, the chief executive officer now directly owns 168,500 shares of the company’s stock, valued at approximately $1,090,195. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Xenith Bankshares (NASDAQ:XBKS) opened at 6.34 on Thursday. 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 $6.49 and its 200-day moving average is $6.1. The company has a market cap of $76.3 million and a price-to-earnings ratio of 70.23.

Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly 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. 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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