179,638 Shares in Chain Bridge Bancorp, Inc. (NYSE:CBNA) Acquired by Endeavour Capital Advisors Inc.

Endeavour Capital Advisors Inc. purchased a new stake in shares of Chain Bridge Bancorp, Inc. (NYSE:CBNA - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 179,638 shares of the company's stock, valued at approximately $4,504,000. Chain Bridge Bancorp makes up 1.4% of Endeavour Capital Advisors Inc.'s portfolio, making the stock its 21st biggest position. Endeavour Capital Advisors Inc. owned 2.74% of Chain Bridge Bancorp at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. TCW Group Inc. purchased a new stake in shares of Chain Bridge Bancorp during the 4th quarter worth about $2,030,000. Royce & Associates LP purchased a new position in Chain Bridge Bancorp during the fourth quarter worth approximately $1,692,000. Chevy Chase Trust Holdings LLC acquired a new stake in Chain Bridge Bancorp in the fourth quarter valued at approximately $226,000. Geode Capital Management LLC purchased a new stake in shares of Chain Bridge Bancorp in the fourth quarter valued at approximately $507,000. Finally, Alliancebernstein L.P. acquired a new position in shares of Chain Bridge Bancorp during the 4th quarter worth approximately $5,408,000.

Insider Activity at Chain Bridge Bancorp

In other news, major shareholder Martin S. Friedman bought 1,088 shares of the stock in a transaction on Friday, February 21st. The stock was purchased at an average cost of $24.49 per share, with a total value of $26,645.12. Following the purchase, the insider now owns 312,528 shares of the company's stock, valued at approximately $7,653,810.72. The trade was a 0.35 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link.

Chain Bridge Bancorp Price Performance

CBNA stock traded down $0.76 during mid-day trading on Monday, reaching $21.34. The company had a trading volume of 5,772 shares, compared to its average volume of 18,713. Chain Bridge Bancorp, Inc. has a fifty-two week low of $20.01 and a fifty-two week high of $27.56. The company has a fifty day moving average of $23.88.

Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.15. On average, analysts expect that Chain Bridge Bancorp, Inc. will post 2.22 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Piper Sandler cut their target price on shares of Chain Bridge Bancorp from $31.00 to $29.00 and set an "overweight" rating for the company in a research note on Thursday, March 20th. Raymond James reaffirmed a "strong-buy" rating and issued a $34.00 price target (up from $29.00) on shares of Chain Bridge Bancorp in a research note on Thursday, January 30th.

Chain Bridge Bancorp Profile

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.