Insider Buying: Bank of the James Financial Group, Inc. (BOTJ) Director Purchases 1,000 Shares of Stock

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Director Watt R. Foster, Jr. acquired 1,000 shares of Bank of the James Financial Group stock in a transaction on Monday, January 29th. The shares were purchased at an average price of $14.95 per share, for a total transaction of $14,950.00. Following the completion of the purchase, the director now directly owns 81,444 shares of the company’s stock, valued at $1,217,587.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Bank of the James Financial Group, Inc. (NASDAQ BOTJ) traded up $0.03 during trading on Monday, reaching $14.93. 1,911 shares of the company’s stock were exchanged, compared to its average volume of 1,763. The firm has a market capitalization of $65.24, a P/E ratio of 22.62 and a beta of 0.86. Bank of the James Financial Group, Inc. has a 12-month low of $13.87 and a 12-month high of $18.50.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 9th will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, March 8th. This represents a $0.24 dividend on an annualized basis and a yield of 1.61%. Bank of the James Financial Group’s payout ratio is 36.36%.

A hedge fund recently raised its stake in Bank of the James Financial Group stock. Wells Fargo & Company MN raised its stake in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 80.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,445 shares of the financial services provider’s stock after acquiring an additional 5,110 shares during the quarter. Wells Fargo & Company MN owned approximately 0.26% of Bank of the James Financial Group worth $166,000 as of its most recent SEC filing. 35.24% of the stock is currently owned by institutional investors and hedge funds.

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About Bank of the James Financial Group

Bank of the James Financial Group, Inc is a bank holding company for Bank of the James (Bank). The Bank is a Virginia banking corporation engaged in general retail and commercial banking business. The Company conducts two principal activities: general retail and commercial banking through the Bank and mortgage origination services through Bank of the James Mortgage, a division of the Bank.

Insider Buying and Selling by Quarter for Bank of the James Financial Group (NASDAQ:BOTJ)

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