A Director at Access National Corp is Exercising Options


Yesterday it was reported that a Director at Access National Corp (ANCX), Randolph Babbitt, exercised options to buy 1,250 ANCX shares at $15.97 a share, for a total transaction value of $19.96K. The options were close to expired and Randolph Babbitt retained stocks.

In addition to Randolph Babbitt, 4 other ANCX executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Access National Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $37.25 million and quarterly net profit of $9.61 million. In comparison, last year the company earned revenue of $34.62 million and had a net profit of $3.05 million. ANCX’s market cap is $498.5M and the company has a P/E ratio of 16.65. Currently, Access National Corp has an average volume of 121.9K.

The insider sentiment on Access National Corp has been positive according to 32 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Access National Corp. is a bank holding company, which engages in the provision of commercial banking, mortgage origination, credit, deposit and equipment leasing services. It operates through the following segments: Traditional Commercial Banking, Mortgage Banking Business, and Wealth Management Business.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts