Insider Selling: First Northern Community Bancorp (NASDAQ:FNRN) Director Sells 3,000 Shares of Stock

First Northern Community Bancorp (NASDAQ:FNRNGet Free Report) Director Mark Schulze sold 3,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $17.78, for a total value of $53,340.00. Following the completion of the sale, the director directly owned 741,921 shares of the company’s stock, valued at approximately $13,191,355.38. This represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

First Northern Community Bancorp Stock Performance

First Northern Community Bancorp stock traded up $0.09 during trading on Monday, reaching $17.85. 116,102 shares of the company were exchanged, compared to its average volume of 28,757. The company has a market cap of $292.92 million, a price-to-earnings ratio of 12.70 and a beta of 0.01. First Northern Community Bancorp has a 52-week low of $9.70 and a 52-week high of $17.99.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on First Northern Community Bancorp in a report on Monday, May 4th. They set a “hold (c)” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, First Northern Community Bancorp presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on FNRN

About First Northern Community Bancorp

(Get Free Report)

First Northern Community Bancorp is the bank holding company for First Northern Bank, a regionally focused community bank based in Dixon, California. The company provides a range of commercial and consumer banking services through its branch network and digital banking channels, positioning itself as a relationship-driven lender and deposit taker for local businesses, farms and households in Northern California.

First Northern’s core activities include commercial and real estate lending, residential mortgage origination and servicing, small-business banking, and deposit products such as checking, savings and certificate accounts.

Further Reading

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