Access National Corporation (NASDAQ:ANCX) insider Mark D. Moore acquired 3,972 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were purchased at an average cost of $27.84 per share, for a total transaction of $110,580.48. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Access National Corporation (NASDAQ ANCX) traded up $0.49 during trading hours on Thursday, hitting $30.03. The stock had a trading volume of 61,200 shares, compared to its average volume of 38,149. Access National Corporation has a 52-week low of $24.36 and a 52-week high of $33.18. The stock has a market cap of $604.17, a price-to-earnings ratio of 21.72 and a beta of 0.98. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.14.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Thursday, November 9th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, November 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.00%. Access National’s dividend payout ratio (DPR) is 63.83%.

Several large investors have recently made changes to their positions in the company. American International Group Inc. lifted its position in shares of Access National by 6.8% during the 1st quarter. American International Group Inc. now owns 5,014 shares of the financial services provider’s stock valued at $151,000 after buying an additional 321 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Access National by 53.1% during the 2nd quarter. Royal Bank of Canada now owns 5,413 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,877 shares in the last quarter. Nationwide Fund Advisors lifted its position in shares of Access National by 53.9% during the 2nd quarter. Nationwide Fund Advisors now owns 8,288 shares of the financial services provider’s stock valued at $220,000 after buying an additional 2,904 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Access National by 25.2% during the 2nd quarter. Private Advisor Group LLC now owns 17,411 shares of the financial services provider’s stock valued at $472,000 after buying an additional 3,508 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Access National by 33.3% during the 2nd quarter. New York State Common Retirement Fund now owns 15,197 shares of the financial services provider’s stock valued at $403,000 after buying an additional 3,796 shares in the last quarter. Hedge funds and other institutional investors own 37.39% of the company’s stock.

A number of brokerages have recently commented on ANCX. Stephens began coverage on shares of Access National in a research note on Thursday, November 16th. They set an “overweight” rating and a $31.00 price objective on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $30.00 price objective on shares of Access National in a research note on Sunday, November 5th. Maxim Group reaffirmed a “buy” rating and set a $33.00 price objective (up previously from $32.00) on shares of Access National in a research note on Monday, October 30th. Zacks Investment Research raised shares of Access National from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a research note on Friday, October 27th. Finally, Raymond James Financial raised shares of Access National from a “market perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a research note on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $31.43.

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About Access National

Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals.

Insider Buying and Selling by Quarter for Access National (NASDAQ:ANCX)

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