Key Points
- CEO Jeremiah Zachary Smith sold 6,783 shares of First Northern Community Bancorp at an average price of $17.69, totaling about $119,991.
- After the sale, Smith still directly owned 154,569 shares valued at roughly $2.73 million, representing a 4.20% decrease in his position.
- The stock was trading around $17.68, near its 52-week high of $17.99, and Weiss Ratings recently initiated coverage with a hold rating.
First Northern Community Bancorp (NASDAQ:FNRN - Get Free Report) 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 sale, the chief executive officer directly owned 154,569 shares in the company, valued at approximately $2,734,325.61. This represents a 4.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
First Northern Community Bancorp Trading Down 0.1%
Shares of First Northern Community Bancorp stock opened at $17.68 on Tuesday. First Northern Community Bancorp has a twelve month low of $9.70 and a twelve month high of $17.99. The firm has a market capitalization of $290.13 million, a P/E ratio of 12.65 and a beta of 0.01.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on shares of First Northern Community Bancorp in a report on Monday, May 4th. They issued a "hold (c)" rating on the stock. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".
Check Out Our Latest Stock Report 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
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].