Sandy Spring Bancorp Inc (SASR): James J Maiwurm , director of Sandy Spring Bancorp Inc purchased 258 shares on May 31, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.04 per share for a total value of $7,492.32 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 5, 2015, John D Sadowski (EVP, Chief Information Officer) sold 1,257 shares at $27.50 per share price.On May 28, 2015, Pamela A Little (director) purchased 837 shares at $26.28 per share price.Also, On May 14, 2015, Ronda M Mcdowell (EVP, Chief Credit Officer) sold 1,781 shares at $26.21 per share price.
Sandy Spring Bancorp: On Friday, May 27, 2016 heightened volatility was witnessed in Sandy Spring Bancorp which led to swings in the share price. The shares opened for trading at $28.75 and hit $29.27 on the upside , eventually ending the session at $29.24, with a gain of 1.60% or 0.46 points. The heightened volatility saw the trading volume jump to 27,508 shares. The 52-week high of the share price is $30 and the company has a market cap of $698 M . The 52-week low of the share price is at $24.04.
Sandy Spring Bancorp Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three business segments Community Banking Insurance and Investment Management. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation a subsidiary of the Bank and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services Inc. a subsidiary of the Bank which provides investment management and financial planning services. The Bank’s product portfolio includes loan and lease products deposit activities treasury activities and borrowing activities. The Bank operates around 44 community offices located in Central Maryland and Northern Virginia.