John Marshall Bancorp (NASDAQ:JMSB) Stock Price Down 2.3% – Here’s What Happened

John Marshall Bancorp, Inc. (NASDAQ:JMSB)’s stock price traded down 2.3% during trading on Monday . The company traded as low as $20.66 and last traded at $21.00. 11,934 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 18,592 shares. The stock had previously closed at $21.50.

John Marshall Bancorp Stock Performance

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average is $22.52 and its two-hundred day moving average is $19.93. The firm has a market cap of $295.34 million, a P/E ratio of 17.43 and a beta of 0.60.

Insider Activity

In other John Marshall Bancorp news, Director Lim Nguonly sold 6,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $24.00, for a total value of $144,000.00. Following the sale, the director now directly owns 66,765 shares in the company, valued at $1,602,360. The trade was a 8.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 12.73% of the company’s stock.

Institutional Trading of John Marshall Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its position in shares of John Marshall Bancorp by 19.5% in the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock worth $685,000 after buying an additional 6,411 shares in the last quarter. State Street Corp boosted its position in shares of John Marshall Bancorp by 1.5% during the 3rd quarter. State Street Corp now owns 199,299 shares of the company’s stock valued at $3,942,000 after acquiring an additional 2,903 shares during the last quarter. Barclays PLC grew its holdings in shares of John Marshall Bancorp by 272.5% during the third quarter. Barclays PLC now owns 16,436 shares of the company’s stock worth $325,000 after purchasing an additional 12,024 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of John Marshall Bancorp by 0.8% in the third quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock worth $5,653,000 after purchasing an additional 2,215 shares during the last quarter. 39.09% of the stock is currently owned by institutional investors.

About John Marshall Bancorp

John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.