Insiders Roundup: Southern National Bancorp of Virginia Tops List

The largest insider trades of the week

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Jan 06, 2017
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The All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$20,000+” and the duration to “December 2016” to “January 2017” and All Insider Sales to “$5,000,000+.”

According to the above filters, the following are trades from company insiders this week.

Charles A. Kabbash, director of Southern National Bancorp of Virginia Inc. (SONA, Financial), bought 11,000 shares of the company for $9.09 per share on Jan. 4. Since then, the stock price has risen by 81.4% to $16.49.

The company has an institutional ownership of 66.78% and insider ownership of 6.41%. It is the bank holding company for Sonabank. It offers savings accounts, money market accounts, commercial real estate loans, construction to permanent loans, and development and builder loans among others.

During the past 12 months, the stock price has risen by 24% and is now trading with a price-book (P/B) ratio of 1.60. The price is 1.73% below its 52-week high and 42.16% above its 52-week low.

Charlest Maxwell, director of Tecogen Inc. (TGEN, Financial), bought 29,769 shares of the company for $3.87 per share on Jan. 4. Since then, the stock price has dropped by 0.3% to $3.86.

The company has an institutional ownership of 15.77% and insider ownership of 9.12%. It manufactures combined heat and power products based on engines fuelled by natural gas. Its products include cogeneration units that supply electricity and hot water, chillers that provide air-conditioning and water heaters.

During the past 12 months, the stock price has risen by 6% and is now trading with a P/B ratio of 5.37. The price is 40.62% below its 52-week high and 37.86% above its 52-week low.

DCP Midstream LLC, 10% owner of DCP Midstream Partners LPÂ (DPM, Financial), bought 48,776,234 shares for $21.17 per share on Jan. 1. Since then, the stock price has risen by 74.4% to $36.92.

The company has an institutional ownership of 78.71% and insider ownership of 0.34%. The company along with its subsidiaries is engaged in gathering, compressing, treating, processing, transporting, storing and selling natural gas, NGLs and condensate and transporting, storing and selling propane in wholesale markets.

During the past 12 months, the stock price has risen by 52% and is now trading with a P/B ratio of 1.61. The price is 6.51% below its 52-week high and 144.67% above its 52-week low.

Most important sales of the week

Mark Casale, chairman, CEO and president of Essent Group Ltd. (ESNT, Financial), sold 250,000 shares of the company for $32.59 per share on Jan. 4. Since then, the stock price has risen by 1.6% to $33.11.

The company has an institutional ownership of 99.46% and an insider ownership of 4.39%. It provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage in the event of a default.

During the past 12 months, the stock price has risen by 55% and is currently 2.45% below its 52-week high and 100.79% above its 52-week low.

Howard M. Lorber, president and CEO of Vector Group Ltd.(VGR, Financial), sold 300,000 shares of the company for $22.85 per share on Jan. 4. Since then, the stock price has dropped by 0.7% to $22.69.

The company has an institutional ownership of 43.11% and insider ownership of 2.39%. Through its subsidiaries, it is engaged in the manufacture and sale of cigarettes in the U.S. and has a real estate business. Its business segments include: Tobacco, E-Cigarette and Real Estate.

During the past 12 months, the stock price has risen by 3% and is now trading with a price-earnings (P/E) ratio of 34.46. The price is 4.62% below its 52-week high and 13.34% above its 52-week low.

Brin Sergey, president and 10% owner of Alphabet Inc. Class CÂ (GOOG, Financial), sold 33,340 shares of the company for $795.26 per share on Jan. 3. Since then, the stock price has dropped by 1.1% to $786.90.

The company has an institutional ownership of 34.92% and insider ownership of 0.37%. Through its subsidiary, Google Inc., it is engaged in improving the ways people connect with information and products, including Search, Android, YouTube, Apps, Maps and Ads. It also produces internet-connected home devices and provides internet services.

During the past 12 months, the stock price has risen by 6% and is now trading with a P/B ratio of 4.15. The price is the price is 3.65% below its 52-week high and 18.68% above its 52-week low.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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