First Northern Community Bancorp (NASDAQ:FNRN – Get 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”.
About First Northern Community Bancorp
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.
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