Tower Research Capital LLC TRC Buys 17,866 Shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Tower Research Capital LLC TRC increased its stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 3,602.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,362 shares of the company’s stock after purchasing an additional 17,866 shares during the period. Tower Research Capital LLC TRC’s holdings in Blue Ridge Bankshares were worth $59,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of BRBS. Banc Funds Co. LLC increased its position in shares of Blue Ridge Bankshares by 23.7% in the fourth quarter. Banc Funds Co. LLC now owns 2,634,722 shares of the company’s stock worth $8,484,000 after purchasing an additional 504,000 shares during the last quarter. Graham Capital Wealth Management LLC increased its position in shares of Blue Ridge Bankshares by 1,446.2% in the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock worth $1,682,000 after purchasing an additional 488,687 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Blue Ridge Bankshares by 221.4% in the fourth quarter. Renaissance Technologies LLC now owns 625,200 shares of the company’s stock worth $2,013,000 after purchasing an additional 430,700 shares during the last quarter. Kennedy Capital Management LLC bought a new position in shares of Blue Ridge Bankshares in the fourth quarter worth approximately $868,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Blue Ridge Bankshares by 241.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 217,410 shares of the company’s stock worth $700,000 after purchasing an additional 153,731 shares during the last quarter. 50.48% of the stock is currently owned by institutional investors.

Blue Ridge Bankshares Stock Down 0.3%

BRBS stock opened at $3.55 on Monday. 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 company’s 50 day moving average is $3.29 and its 200 day moving average is $3.34. The stock has a market cap of $311.64 million, a price-to-earnings ratio of -5.55 and a beta of 0.80. Blue Ridge Bankshares, Inc. has a 1-year low of $2.45 and a 1-year high of $3.83.

Insider Buying and Selling

In other Blue Ridge Bankshares news, Director Carolyn J. Woodruff sold 8,924 shares of the company’s stock in a transaction that occurred 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 owns 138,179 shares of the company’s stock, valued at $518,171.25. This represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.08% of the stock is owned by company insiders.

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.