Southern National Banc. of Virginia, Inc (NASDAQ:SONA), Saw three Board Directors acquired it’s stock over the past couple of days. Bruce W. Jennings purchased 910 shares of the company’s Common Stock at $10.936 per share; Charles A. Kabbash bought 375 shares of the Common Stock at 10.9087; and Neil J. Call acquired 242 shares of the Common Stock at 11.0955 per share.
Following the reported transactions, Mr. Jennings directly owns 24,227 shares and 5,500 shares in Southern National Banc. of Virginia, Inc (NASDAQ:SONA) indirectly; Mr. Kabbash directly holds 59,505 shares while indirectly holding 18,212 shares; and Mr. Call disclosed direct ownership of 191,927 shares.
In addition to these insiders, two major hedge funds hold long stakes in this $127 Million market cap bank holding company. Chuck Royce‘s Royce & Associates last declared owning 288,645 shares valued at approximately $2.9 million; and Anton Schutz‘s Mendon Capital Advisors owns 135,420 shares worth about $1.3 million. Mr. Schutz’s fund has increased it’s exposure to Southern National Banc. of Virginia, Inc (NASDAQ:SONA) by 1% over the last reported quarter.
Disclosure: The author, Daniel Forstein, holds no position in any stocks mentioned.