John Marshall Bancorp (NASDAQ:JMSB) Shares Down 2.3% – What’s Next?

by · The Markets Daily

John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) dropped 2.3% during mid-day trading on Monday . The stock traded as low as $20.66 and last traded at $21.00. Approximately 11,934 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 18,592 shares. The stock had previously closed at $21.50.

John Marshall Bancorp Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50-day simple moving average of $22.52 and a 200 day simple moving average of $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 at John Marshall Bancorp

In other John Marshall Bancorp news, Director Lim Nguonly sold 6,000 shares of the 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 completion of the transaction, the director now owns 66,765 shares in the company, valued at approximately $1,602,360. This represents a 8.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 12.73% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On John Marshall Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of JMSB. Barclays PLC raised its stake in shares of John Marshall Bancorp by 272.5% in 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 during the last quarter. Bank of New York Mellon Corp raised its position in John Marshall Bancorp by 19.5% in the 2nd 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 during the last quarter. State Street Corp lifted its stake in 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 period. Finally, Geode Capital Management LLC lifted its stake in John Marshall Bancorp by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock valued at $5,653,000 after acquiring an additional 2,215 shares during the period. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

(Get Free Report)

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.

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