Access National Corp. Director Purchases $19,998 in Stock (ANCX)
Access National Corp. (NASDAQ:ANCX) Director Thomas M. Kody bought 1,335 shares of Access National Corp. stock on the open market in a transaction dated Wednesday, May 28th. The shares were purchased at an average cost of $14.98 per share, with a total value of $19,998.30. Following the completion of the transaction, the director now directly owns 38,601 shares in the company, valued at approximately $578,243. The acquisition was disclosed in a filing with the SEC, which is available at this link.
A number of research firms have recently commented on ANCX. Analysts at Zacks downgraded shares of Access National Corp. from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 6th. They now have a $13.70 price target on the stock.
Access National Corp. (NASDAQ:ANCX) traded down 0.53% during mid-day trading on Friday, hitting $14.96. The stock had a trading volume of 15,665 shares. Access National Corp. has a 52 week low of $12.47 and a 52 week high of $17.62. The stock’s 50-day moving average is $14.76 and its 200-day moving average is $15.5. The company has a market cap of $155.8 million and a price-to-earnings ratio of 13.08.
Access National Corp. (NASDAQ:ANCX) last released its earnings data on Friday, April 18th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.04. On average, analysts predict that Access National Corp. will post $1.03 earnings per share for the current fiscal year.
Access National Corporation (NASDAQ:ANCX) operates as a bank holding company.
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