Southern National Bancorp Of Virginia Inc (SONA): John J Forch , director of Southern National Bancorp Of Virginia Inc purchased 2,086 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.00 per share for a total value of $24,917.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, R Roderick Porter (Chairman of the Board) purchased 1,000 shares at $11.89 per share price.On Mar 30, 2016, Neil J Call (director) purchased 224 shares at $12.24 per share price.Also, On Mar 2, 2016, Charles A Kabbash (director) purchased 2,000 shares at $6.27 per share price.On Feb 25, 2016, Frederick L Bollerer (director) purchased 1,948 shares at $12.80 per share price.
Southern National Banc. of Virginia Inc: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Southern National Banc. of Virginia Inc which led to swings in the share price. The shares opened for trading at $12.24 and hit $12.48 on the upside , eventually ending the session at $12.42, with a gain of 1.39% or 0.17 points. The heightened volatility saw the trading volume jump to 15,634 shares. The 52-week high of the share price is $13.54 and the company has a market cap of $152 M . The 52-week low of the share price is at $10.98.
Southern National Bancorp of Virginia Inc. is the bank holding company for Sonabank (Sonabank). The Company’s principal business is the acquisition of deposits from the general public through its branch offices and deposit intermediaries. Sonabank is a Virginia state chartered bank. It focuses on commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in various industries as well as loans to individuals for a variety of purposes. It also provides a range of special products and services to its commercial customers: cash management services and other consumer/retail products and services. Specific products offered in its cash management services program include investment/sweep accounts wire transfer services employer services/payroll processing services zero balance accounts night depository services lockbox services SONA 24/7 (Check 21 processing) and Sonabank asset based lending (SABL) among others.