The VP, Corporate Secretary of Access National Corp is Exercising Options

By Carrie Williams

Today, the VP, Corporate Secretary of Access National Corp, Sheila Linton, exercised options of Access National Corp for $11.41K. The options were close to expired and Sheila Linton retained stocks.

Following Sheila Linton’s last ANCX Buy transaction on January 25, 2017, the stock climbed by 1.9%.

Based on Access National Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $36.39 million and quarterly net profit of $7 million. In comparison, last year the company earned revenue of $21.46 million and had a net profit of $4.43 million. The company has a one-year high of $33.18 and a one-year low of $24.36. ANCX’s market cap is $576.3M and the company has a P/E ratio of 26.84.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $31.75, reflecting a -12.3% downside. Five different firms, including KBW and Ladenburg, currently also have a Buy rating on the stock.

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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.