Insider Trading Update: Access National Corporation $ANCX

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Access National Corporation (ANCX) insiders have most recently took part in a trading activity. On Nov 24, 2017 Neuharth Janet A, Director bought 216 shares having total worth of $6,013 at the price of $27.84 per share, following the transaction a total of 5,818 shares owned by Neuharth Janet A. Before this latest buy, Neuharth Janet A purchased ANCX at 1 other times during the past twelve months, for a total investment of $6,008 at an average of $25.14 per share.

On the same day, Taylor Margaret M, Executive VP, CFO bought 54 shares having total worth of $1,503 at the price of $27.84 per share, following the transaction a total of 5,637 shares owned by Taylor Margaret M. Before this latest buy, Taylor Margaret M purchased ANCX at 5 other times during the past twelve months, for a total investment of $7,532 at an average of $25.58 per share.

On the same day, Moore Mark D., Director (subsidiary) bought 3,972 shares having total worth of $110,580 at the price of $27.84 per share, following the transaction a total of 16,421 shares owned by Moore Mark D.. Before this latest buy, Moore Mark D. purchased ANCX at 4 other times during the past twelve months, for a total investment of $197,045 at an average of $27.24 per share.

On the same day, Mcdaniel Mary Leigh, Director bought 377 shares having total worth of $10,496 at the price of $27.84 per share, following the transaction a total of 6,782 shares owned by Mcdaniel Mary Leigh. Before this latest buy, Mcdaniel Mary Leigh purchased ANCX at 2 other times during the past twelve months, for a total investment of $26,147 at an average of $26.96 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 17 times by insiders. an employee of the company was the buyer in 17 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 6.12%
12 Month 17 0 38.57%

Shares of Access National Corporation (ANCX) traded down 0.25% on Nov 27, 2017, hitting $28.42. 24,654 shares of the company’s stock traded hands. Access National Corporation has a 52 week low of $19.03 and a 52 week high of $30.5. The company’s market cap is $249 million.

Access National Corporation (ANCX) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.37 by $0.37., compared to the consensus estimate of $24 million. During the same quarter in the previous year, the company posted 0.41 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-08-01 2017-07-27 2017-07-21 2017-01-20 2016-04-15 2016-01-21 2015-10-16 2015-07-17 2015-04-17
earnings per share 0.00 0.37 0.00 0.00 0.33 0.39 0.37 0.37 0.38 0.34
Revenue(M) 0 24.18 0 0 11.26 10.55 10.2 10.1 10.79 10.28

Access National Corporation was organized in June 15, 2002 under the laws of Virginia to operate as a bank holding company for Access National Bank and Access National Capital Trust II. The Bank provides commercial credit, deposit and mortgage services to middle market businesses and associated professionals, mainly in the greater Washington, D.C. Metropolitan Area. Deposits with the Bank are insured to the maximum amount provided by the Federal Deposit Insurance Corporation. The Bank provides its customers with personal customized service utilizing the latest technology and delivery channels. The Company’s income is mainly derived from dividends received from the Bank. These dividends are determined by the Bank’s earnings and capital position. Access National Capital Trust II was formed for the purpose of issuing redeemable capital securities. The Bank operates from five banking centers located in Chantilly, Tysons Corner, Reston, Leesburg and Manassas, Virginia. The Bank’s lending activities involve commercial loans – represents approximately 14.9% of the Loan Portfolio held for Investment; Commercial real estate loans – represents approximately 45.3% of the loan portfolio held for investment; commercial and residential real estate construction loans – represents approximately 31% of the loan portfolio held for investment; residential mortgage loans. The Bank originates a total volume of approximately $68.4 million and consumer loans – represents approximately 0.3% of the loan portfolio held for investment; and Brokered Loans – approximately 4.4% of the loan portfolio held for sales. These lending activities provide access to credit to small to medium sized businesses, professionals and consumers in the greater Washington, D.C. Metropolitan Area.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.