Insider Transactions is a weekly report of stock transactions involving officers and directors of publicly owned local companies.

Stock trading by corporate insiders often is a bellwether of corporate health.

Most insiders buy stock or exercise options to make a profit. And insiders may be selling stock for tax reasons, estate planning or cash needs.

The following insider transactions involving companies in the Washington, Baltimore and Richmond areas were compiled by States News Service from reports to the Securities and Exchange Commission. ALLSTATE FINANCIAL CORP.

Robert Diamond, a director of Arlington-based Allstate Financial Corp. bought 1,000 common shares Oct. 22 at $7 each. He holds 3,500 shares directly.

AVEMCO CORP.

Alan D. Saver, an officer of Avemco Corp. of Frederick, Md., privately sold 4,000 common shares Nov. 12 at $21.13 each. He no longer holds any common stock.

BALTIMORE BANCORP.

Theo C. Rodgers, a director of Baltimore Bancorp. of Baltimore, bought 14,000 common shares at $4.75 to $4.88 each Nov. 9. Rodgers owns 2,508 shares directly and 33,208 shares indirectly.

C&S/SOVRAN CORP.

William F. Gorog, a director of C&S/Sovran Corp. of Norfolk, bought 10,000 common shares at $17.54 each Oct. 25. Gorog owns 24,768 shares directly and 615 shares indirectly.

Andrew H. Hines Jr., a director, bought 3,000 common shares Oct. 19 at $18 each. Hines owns 1,000 shares directly and 3,000 shares indirectly.

COMMUNITY BANKSHARES INC.

Lucia P. Kittredge, a director of Community Bankshares Inc. of Petersburg, Va., bought 2,000 common shares at $3.25 each Oct. 30. He holds 3,391 shares directly and 1,000 shares indirectly.

FIRST VIRGINIA BANKS INC.

Director Walter L. Phillips of First Virginia Banks Inc. of Falls Church bought 2,000 common shares at $17.88 each Nov. 8. Phillips holds 5,116 shares directly.

E. Cabell Brand, an affiliate, bought 1,000 common shares at $17 each Nov. 2 and holds 1,000 shares directly.

HOLLYWOOD PARK REALTY ENTERPRISES INC.

Bruce McNall, a director of Hollywood Park Realty Enterprises Inc. in Lanham, Md., bought 11,000 common shares at $32.38 each Oct. 22. He holds 36,300 shares directly.

JAMES MADISON LTD.

Morton I. Funger, a director of James Madison Ltd. of Washington, bought 20,000 class A common shares Oct. 23 at $2 each. Funger owns 76,678 class A shares directly and 56,840 class A shares indirectly.

MID-ATLANTIC MEDICAL SERVICES INC.

John L. Ford, a director of Rockville-based Mid-Atlantic Medical Services Inc., gave a gift of 60,000 common shares Oct. 17. Ford owns 314,904 shares directly and 65,100 shares indirectly.

PEOPLES SAVINGS FINANCIAL CORP.

Walter J. Liss, a director of Peoples Savings Financial Corp. of Baltimore, bought 3,000 common shares Aug. 14 at $7.50 each. He holds 26,734 shares indirectly.

PIONEER FINANCIAL CORP.

Frank C. Kirtley, a vice president of Pioneer Financial Corp. of Chester, Va., sold 2,500 common shares at $6 each Oct. 11. He owns 3,376 shares directly.

PROVIDENT BANKSHARES CORP.

Francis G. Riggs, a director of Baltimore-based Provident Bankshares Corp., bought 2,000 common shares Oct. 24 at $4.75 each. Riggs owns 21,215 shares directly and 6,710 shares indirectly.

ROUSE CO.

John W. Steele III, a vice president of the Rouse Co. of Columbia, Md., sold 2,800 common shares Nov. 16 at $14.25 each. He owns 9,450 shares directly.

RYLAND GROUP INC.

James F. McEneaney, an affiliate of Ryland Group Inc. of Columbia, Md., completed the following transactions: Exercised options to purchase 28,000 common shares at $4.03 each. Exercised options to sell 9,607 shares at $11.75 each. Gave a 28,000 common-share gift Nov. 8.

McEneaney holds 23,007 shares directly and 21,345 shares indirectly.

SIGNET BANKING CORP.

Sara R. Wilson, an officer of Signet Banking Corp. of Richmond, bought 1,000 common shares at $8.25 each Oct. 30. She holds 3,887 shares directly and 259 shares indirectly. UNC INC. Bruce R. Robinson, an officer of UNC Inc. of Annapolis, bought 15,000 common shares at $3.61 each Oct. 25. Robinson owns 21,100 shares directly.