Long Island stocks on move

State Bancorp
(STBC)
Jericho  
$9.58 (week's change: +7.2%) 
52-week return: +11.3%

Shares rallied after the bank holding company revealed in an Securities and Exchange Commission filing that chief executive Thomas O'Brien purchased 25,000 shares of STBC stock on the open market.

Arrow Electronics
(ARW)
Melville  
$24.79 (week's change: +4.6%) 
52-week return: -3.8%

Long Island's top company in terms of sales posted second-quarter revenue of $4.6 billion. The computer parts distributer also said third-quarter sales would beat analysts' estimates.

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