Bank of the James president buys $2,705 in company stock
Lynchburg, Virginia – Bank of the James' president, Michael A. Syrek, recently bought 100 shares of his company's stock. The purchase was documented in a Securities and Exchange Commission filing on August 7, 2026, and cost $2,705, as each share was bought at the price of $27.05. Syrek voluntarily reported this transaction ahead of the legal deadline.
The stock has shown impressive growth, increasing by 100% over the past year, with the current price at $27.77 per share. According to InvestingPro, the stock may be slightly overvalued compared to its Fair Value, yet the company has achieved a 51% gain year-to-date. InvestingPro provides 7 more exclusive tips for subscribers of Bank of the James.
After this acquisition, Mr. Syrek now directly owns 13,700 shares of common stock, with an additional 1,650 shares benefitting indirectly through his spouse. This report was created with AI assistance but reviewed by a human editor.
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