First of Long Island Corp (FLIC) Insider Sells $82,590.00 in Stock
First of Long Island Corp (NASDAQ:FLIC) insider Michael N. Vittorio sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $27.53, for a total value of $82,590.00. Following the transaction, the insider now directly owns 106,135 shares in the company, valued at $2,921,896.55. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
First of Long Island Corp (NASDAQ:FLIC) opened at $27.50 on Tuesday. First of Long Island Corp has a 52 week low of $25.60 and a 52 week high of $33.50. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $677.36, a P/E ratio of 19.23 and a beta of 0.72.
A number of research firms recently weighed in on FLIC. BidaskClub raised First of Long Island from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research raised First of Long Island from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Wednesday, January 3rd. ValuEngine downgraded First of Long Island from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Sandler O’Neill set a $33.00 price target on First of Long Island and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. First of Long Island currently has an average rating of “Hold” and an average price target of $31.33.
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First of Long Island Company Profile
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.
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