Key Points
- Director Mark Schulze sold 3,000 shares of First Northern Community Bancorp at an average price of $17.78, for a total of $53,340. After the sale, he still held 741,921 shares valued at about $13.19 million.
- The transaction represented only a 0.40% decrease in Schulze’s ownership stake, suggesting the sale was relatively small compared with his overall holdings.
- First Northern Community Bancorp’s stock was trading around $17.85, near its 52-week high of $17.99, and analysts currently have an overall Hold view on the shares.
First Northern Community Bancorp (NASDAQ:FNRN - Get Free Report) Director Mark Schulze sold 3,000 shares of the firm's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $17.78, for a total value of $53,340.00. Following the completion of the transaction, the director owned 741,921 shares of the company's stock, valued at approximately $13,191,355.38. The trade was a 0.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
First Northern Community Bancorp Trading Up 0.5%
First Northern Community Bancorp stock opened at $17.85 on Tuesday. The stock has a market cap of $292.92 million, a P/E 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.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated 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, the stock has an average rating of "Hold".
Read Our Latest Research Report on First Northern Community Bancorp
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.
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