First Northern Community Bancorp (NASDAQ:FNRN) CEO Sells $119,991.27 in Stock

First Northern Community Bancorp (NASDAQ:FNRN) CEO Jeremiah Zachary Smith sold 6,783 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $17.69, for a total transaction of $119,991.27. Following the completion of the transaction, the chief executive officer owned 154,569 shares of the company’s stock, valued at approximately $2,734,325.61. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

First Northern Community Bancorp Price Performance

NASDAQ:FNRN opened at $17.51 on Thursday. The firm has a market capitalization of $287.34 million, a price-to-earnings ratio of 12.52 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 started coverage on First Northern Community Bancorp in a research report on Monday, May 4th. They set a “hold (c)” rating for the company. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, First Northern Community Bancorp presently has an average rating of “Hold”.

First Northern Community Bancorp Company Profile

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.