Dynamic Technology Lab Private Ltd Takes Position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 13,289 shares of the company’s stock, valued at approximately $43,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BRBS. Graham Capital Wealth Management LLC grew its stake in shares of Blue Ridge Bankshares by 1,446.2% during the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock worth $1,682,000 after buying an additional 488,687 shares during the last quarter. Geode Capital Management LLC grew its position in Blue Ridge Bankshares by 186.1% during the 3rd quarter. Geode Capital Management LLC now owns 451,861 shares of the company’s stock worth $1,265,000 after acquiring an additional 293,897 shares during the last quarter. Alliancebernstein L.P. grew its position in Blue Ridge Bankshares by 5.3% during the 4th quarter. Alliancebernstein L.P. now owns 394,556 shares of the company’s stock worth $1,270,000 after acquiring an additional 19,735 shares during the last quarter. Truffle Hound Capital LLC acquired a new position in Blue Ridge Bankshares in the 4th quarter worth about $483,000. Finally, Raymond James Financial Inc. bought a new position in Blue Ridge Bankshares in the fourth quarter valued at about $364,000. Institutional investors own 50.48% of the company’s stock.

Insider Buying and Selling

In related news, Director Carolyn J. Woodruff sold 8,924 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total value of $33,465.00. Following the completion of the sale, the director now directly owns 138,179 shares in the company, valued at $518,171.25. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.92% of the stock is owned by corporate insiders.

Blue Ridge Bankshares Stock Performance

NASDAQ:BRBS opened at $3.05 on Friday. The stock’s 50-day moving average is $3.39 and its 200-day moving average is $3.26. Blue Ridge Bankshares, Inc. has a 1-year low of $2.45 and a 1-year high of $3.83. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The stock has a market cap of $267.76 million, a P/E ratio of -4.77 and a beta of 0.82.

Blue Ridge Bankshares 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.