.jpg "The President & CEO of Access National Corp (NASDAQ: ANCX) is Buying Shares")
Today, the President & CEO of Access National Corp (NASDAQ: ANCX), Michael W. Clarke, bought shares of ANCX for $110.4K.
Following Michael W. Clarke’s last ANCX Buy transaction on August 04, 2017, the stock climbed by 1.9%. In addition to Michael W. Clarke, one other ANCX executive reported Buy trades in the last month.
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Based on Access National Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $33.73 million and quarterly net profit of $8.09 million. In comparison, last year the company earned revenue of $19.56 million and had a net profit of $2.61 million. ANCX’s market cap is $577.8M and the company has a P/E ratio of 26.09. Currently, Access National Corp has an average volume of 46.35K.
Five different firms, including KBW and Ladenburg, currently also have a Buy rating on the stock.
The insider sentiment on Access National Corp has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Michael W. Clarke’s trades have generated a 33.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
