Southern National Bancorp Of Virginia Inc (SONA) Files Form 4 Insider Buying : R Roderick Porter Buys 1,000 Shares

Southern National Bancorp Of Virginia Inc (SONA): R Roderick Porter , Chairman of the Board of Southern National Bancorp Of Virginia Inc purchased 1,000 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.89 per share for a total value of $11,886.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Neil J Call (director) purchased 224 shares at $12.24 per share price.On Mar 2, 2016, Charles A Kabbash (director) purchased 2,000 shares at $6.27 per share price.Also, On Feb 25, 2016, Frederick L Bollerer (director) purchased 1,948 shares at $12.80 per share price.On Feb 25, 2016, Robert Yates Clagett (director) purchased 787 shares at $12.69 per share price.

Shares of Southern National Banc. of Virginia Inc (SONA) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.68% at $11.74 with 19,934 shares getting traded. Post opening the session at $11.81, the shares hit an intraday low of $11.74 and an intraday high of $11.83 and the price vacillated in this range throughout the day. The company has a market cap of $144 M and the number of outstanding shares has been calculated to be 1,22,48,943 shares. The 52-week high of Southern National Banc. of Virginia Inc is $13.54 and the 52-week low is $10.98.

Southern National Banc. of Virginia Inc Money Flow Index Chart

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.

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