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J. Todd Scruggs, Secretary-Treasurer and director at Bank of the James Financial Group Inc (NASDAQ:BOTJ), acquired 356 shares of the company’s common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The $64.5 million market cap company maintains strong financial health, earning a "GOOD" rating from InvestingPro’s comprehensive analysis.
The shares were purchased at a price of $14.2999, resulting in a total transaction value of $5090. The purchase price represents an attractive entry point, with the stock trading below book value at a P/B ratio of 0.9. Following the transaction, Scruggs directly owns 33,349 shares of Bank of the James Financial Group Inc. Additionally, his spouse owns 158 shares. The company offers a 2.8% dividend yield and has maintained dividend payments for 12 consecutive years.
The transaction was signed on behalf of J. Todd Scruggs by Eric J. Sorenson, Jr., POA. Want deeper insights into insider transactions and more exclusive financial metrics? InvestingPro subscribers have access to over 30 additional premium indicators and analysis tools.
In other recent news, Bank of the James Financial Group announced a quarterly cash dividend of $0.10 per share of common stock. This dividend will be paid to shareholders on or about September 26, 2025, for those who are on record as of September 12, 2025. The announcement was made in a statement released by the company and was also disclosed in a filing with the Securities and Exchange Commission. Bank of the James Financial Group is incorporated in Virginia and is listed on the NASDAQ Capital Market.
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