Insider Buying: Thomas M. Kody Buys 1,779 Shares of Access National Corp. Stock (ANCX)
Access National Corp. (NASDAQ:ANCX) Director Thomas M. Kody bought 1,779 shares of Access National Corp. stock in a transaction dated Wednesday, June 25th. The shares were purchased at an average cost of $14.00 per share, with a total value of $24,906.00. Following the completion of the transaction, the director now directly owns 632,469 shares in the company, valued at approximately $8,854,566. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Access National Corp. (NASDAQ:ANCX) opened at 14.27 on Friday. Access National Corp. has a one year low of $12.74 and a one year high of $17.62. The stock’s 50-day moving average is $14.47 and its 200-day moving average is $15.52. The company has a market cap of $148.6 million and a P/E ratio of 12.36.
Access National Corp. (NASDAQ:ANCX) last announced its earnings results 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.
A number of analysts have recently weighed in on ANCX shares. Analysts at Zacks upgraded shares of Access National Corp. from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $14.90 price target on the stock.
Access National Corporation (NASDAQ:ANCX) operates as a bank holding company.
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