Access National Corp (ANCX) Files Form 4 Insider Buying : Thomas M Kody Buys 972 Shares

Access National Corp (ANCX): Thomas M Kody , director of Access National Corp purchased 972 shares on Jun 8, 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 $20.57 per share for a total value of $19,996.92 , 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 9, 2016, Margaret M Taylor (Executive Vice President, CFO) purchased 79 shares at $18.78 per share price.On Mar 9, 2016, Thomas M Kody (director) purchased 1,058 shares at $18.78 per share price.Also, On Jun 25, 2015, John W Iv Edgemond (director) sold 344 shares at $21.50 per share price.On Jun 11, 2015, J Randolph Babbitt (director) sold 2,910 shares at $21.89 per share price.

Shares of Access National Corporation (ANCX) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -0.33% at $20.83 with 6,897 shares getting traded. Post opening the session at $20.86, the shares hit an intraday low of $20.51 and an intraday high of $20.89 and the price vacillated in this range throughout the day. The company has a market cap of $220 M and the number of outstanding shares has been calculated to be 1,05,76,431 shares. The 52-week high of Access National Corporation is $22.22 and the 52-week low is $16.26.

Access National Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Access National Corporation is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 21 from a previous price target of $19 .The Rating was issued on Apr 18, 2016.Access National Corporation is Initiated by FBR Capital to Mkt Perform and the brokerage firm has set the Price Target at $19. The Rating was issued on Mar 31, 2016.

Access National Corporation is a bank holding company. The Company operates through its wholly owned subsidiary Access National Bank (the Bank). The Bank offers a range of financial services and products and specializes in providing customized financial services to small and medium sized businesses professionals and associated individuals. The Company operates in three segments: traditional commercial banking mortgage banking and wealth management. Commercial banking operating revenues consist of interest earned on loans and investment securities and fees from deposit services. Mortgage banking operating revenues consist of interest earned on mortgage loans held for sale gains on sales of loans in the secondary mortgage market and loan origination fee income. Wealth management operating revenues consist of transactional fees charged to clients as well as fees for portfolio asset management.

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