Eastern Virginia Bankshares Inc (EVBS) Files Form 4 Insider Buying : Boris Gutin Buys 50 Shares

Eastern Virginia Bankshares Inc (EVBS): Boris Gutin , director of Eastern Virginia Bankshares Inc purchased 50 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.34 per share for a total value of $367.47 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 7, 2016, Boris Gutin (director) purchased 54 shares at $6.82 per share price.On Jan 28, 2016, John Fitzgerald Biagas (director) purchased 4,200 shares at $7.08 per share price.Also, On Dec 16, 2015, William L Lewis (director) sold 10,000 shares at $6.85 per share price.

Eastern Virginia Bankshares: On Friday, May 20, 2016 heightened volatility was witnessed in Eastern Virginia Bankshares which led to swings in the share price. The shares opened for trading at $7.34 and hit $7.34 on the upside , eventually ending the session at $7.27, with a gain of 0.55% or 0.04 points. The heightened volatility saw the trading volume jump to 1,153 shares. The 52-week high of the share price is $7.74 and the company has a market cap of $95,237 M . The 52-week low of the share price is at $5.8.

Eastern Virginia Bankshares Money Flow Index Chart

Eastern Virginia Bankshares Inc. is a bank holding company. Through its wholly owned bank subsidiary EVB (the Bank) the Company operates approximately 24 service branches in Chesterfield County Virginia. EVB is a community bank focusing small to medium-sized businesses and consumers. The Company provides a range of personal and commercial banking services including commercial consumer and real estate loans. A portion of the loan portfolio is represented by commercial and residential mortgage loans in its market area. It offers an array of retail and commercial deposit products and fee-based services. The Company offers demand deposits savings and money market accounts and time deposits. The Bank’s subsidiaries include EVB Financial Services Inc. EVB Investments Inc. Dunston Hall LLC POS LLC Tartan Holdings LLC and ECU-RE LLC. The Company also owns one non-operating subsidiary EVB Statutory Trust I.

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