John Marshall Bancorp (NASDAQ:JMSB) Stock Price Down 2.3% - What's Next?

Shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report) dropped 2.3% during trading on Monday . The company 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 Stock Performance

The stock has a market cap of $299.04 million, a PE ratio of 17.65 and a beta of 0.60. The stock has a fifty day simple moving average of $22.52 and a two-hundred day simple moving average of $19.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.04 and a current ratio of 1.04.

Insider Buying and Selling

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

Institutional Trading of John Marshall Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of JMSB. Barclays PLC lifted its position in shares of John Marshall Bancorp by 272.5% in the 3rd quarter. Barclays PLC now owns 16,436 shares of the company's stock worth $325,000 after buying an additional 12,024 shares during the last quarter. Bank of New York Mellon Corp raised its stake in John Marshall Bancorp by 19.5% during the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company's stock worth $685,000 after acquiring an additional 6,411 shares during the period. State Street Corp lifted its holdings in John Marshall Bancorp by 1.5% in the third quarter. State Street Corp now owns 199,299 shares of the company's stock worth $3,942,000 after acquiring an additional 2,903 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in John Marshall Bancorp by 0.8% in the third 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. Institutional investors and hedge funds own 39.09% of the company's stock.

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.

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