Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Carolyn J. Woodruff Sells 8,924 Shares

Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Carolyn J. Woodruff sold 8,924 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the completion of the transaction, the director now directly owns 138,179 shares of the company’s stock, valued at approximately $518,171.25. The trade was a 6.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Blue Ridge Bankshares Trading Down 5.0 %

NASDAQ BRBS opened at $3.26 on Tuesday. The firm has a 50 day simple moving average of $3.45 and a 200-day simple moving average of $3.18. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. Blue Ridge Bankshares, Inc. has a one year low of $2.45 and a one year high of $3.83. The firm has a market cap of $239.66 million, a price-to-earnings ratio of -5.09 and a beta of 0.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Occudo Quantitative Strategies LP boosted its stake in shares of Blue Ridge Bankshares by 29.7% in the fourth quarter. Occudo Quantitative Strategies LP now owns 28,130 shares of the company’s stock valued at $91,000 after purchasing an additional 6,435 shares during the period. Alpine Global Management LLC acquired a new stake in Blue Ridge Bankshares in the fourth quarter valued at approximately $34,000. Walleye Capital LLC acquired a new stake in Blue Ridge Bankshares in the third quarter valued at approximately $34,000. Boothbay Fund Management LLC acquired a new stake in Blue Ridge Bankshares in the fourth quarter valued at approximately $41,000. Finally, Wells Fargo & Company MN acquired a new stake in Blue Ridge Bankshares in the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Company Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.