Insider Buying: Glenn W. Rust Acquires 8,658 Shares of Virginia National Bank Stock (VABK)
Virginia National Bank (NASDAQ:VABK) Insider Glenn W. Rust purchased 8,658 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was purchased at an average cost of $23.10 per share, with a total value of $199,999.80. Following the acquisition, the insider now directly owns 18,778 shares of the company’s stock, valued at approximately $433,772. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Virginia National Bank (NASDAQ:VABK) traded down 1.30% during mid-day trading on Tuesday, hitting $22.75. 447 shares of the company’s stock traded hands. Virginia National Bank has a 52-week low of $17.00 and a 52-week high of $23.75. The stock has a 50-day moving average of $23.32 and a 200-day moving average of $22.11. The company has a market cap of $61.4 million and a price-to-earnings ratio of 9.58.
Virginia National Bank (NASDAQ:VABK) is engaged in commercial and retail banking business.
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