Access National Corp (ANCX): Mark D. Moore , President (subsidiary of Access National Corp purchased 400 shares on Jun 28, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $19.45 per share for a total value of $7,780.00 , 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 9, 2016, Margaret M Taylor (Executive Vice President, CFO) purchased 73 shares at $20.57 per share price.On Jun 9, 2016, Thomas M Kody (director) purchased 972 shares at $20.57 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.
Access National Corporation: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Access National Corporation which led to swings in the share price. The shares opened for trading at $19.17 and hit $19.36 on the upside , eventually ending the session at $19.3, with a gain of 1.42% or 0.27 points. The heightened volatility saw the trading volume jump to 15,038 shares. The 52-week high of the share price is $22.22 and the company has a market cap of $204 M . The 52-week low of the share price is at $16.26.
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 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.