Insider Buying: Access National Corp. Director Purchases 1,335 Shares of Stock (ANCX)
Access National Corp. (NASDAQ:ANCX) Director Thomas M. Kody bought 1,335 shares of the company’s stock in a transaction dated Wednesday, May 28th. The shares were purchased at an average price of $14.98 per share, for a total transaction of $19,998.30. Following the acquisition, the director now directly owns 38,601 shares of the company’s stock, valued at approximately $578,243. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
ANCX has been the subject of a number of recent research reports. 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.
Shares of Access National Corp. (NASDAQ:ANCX) traded down 0.53% on Friday, hitting $14.96. The stock had a trading volume of 15,665 shares. Access National Corp. has a 1-year low of $12.47 and a 1-year high of $17.62. The stock has a 50-day moving average of $14.76 and a 200-day moving average of $15.5. The company has a market cap of $155.8 million and a P/E ratio of 13.08.
Access National Corp. (NASDAQ:ANCX) last announced its earnings results on Friday, April 18th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the 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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