Middleburg Financial Corp (MBRG) Files Form 4 Insider Buying : Gary D Leclair Buys 114 Shares

Middleburg Financial Corp (MBRG): Gary D Leclair , director of Middleburg Financial Corp purchased 114 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $27.47 per share for a total value of $3,125.27 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, Gary D Leclair (director) purchased 82 shares at $25.88 per share price.On Mar 2, 2016, David L Sokol (10% owner) sold 3,445 shares at $21.00 per share price.Also, On Nov 27, 2015, John C Iv Lee (director) purchased 100 shares at $18.29 per share price.On Sep 28, 2015, Alexander G Iii Green (director) purchased 2,500 shares at $17.50 per share price.

Middleburg Financial Corp.: On Friday, May 20, 2016 heightened volatility was witnessed in Middleburg Financial Corp. which led to swings in the share price. The shares opened for trading at $27.12 and hit $27.69 on the upside , eventually ending the session at $27.29, with a gain of 0.33% or 0.09 points. The heightened volatility saw the trading volume jump to 10,091 shares. The 52-week high of the share price is $27.69 and the company has a market cap of $193,732 M . The 52-week low of the share price is at $16.6.

Middleburg Financial Corp. Money Flow Index Chart

Middleburg Financial Corporation is a bank holding company. The Company conducts its primary operations through two wholly owned subsidiaries Middleburg Bank and Middleburg Investment Group Inc. The Company operates in a decentralized manner in three principal business activities which include commercial and retail banking services through Middleburg Bank wealth management services through Middleburg Investment Group Inc. and mortgage banking services. The Company through its subsidiaries offers a range of banking fiduciary and investment management services to both individuals and small businesses. Middleburg Bank’s services include various types of checking and savings deposit accounts and the origination of business real estate development mortgage home equity automobile and other installment demand and term loans.

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