Key Points
- Director Jean-Luc Servat bought 1,000 shares of First Northern Community Bancorp at an average price of $17.29, investing $17,290. His holdings increased 21.57% to 5,635 shares.
- Servat also purchased 500 shares the prior week, while the stock recently opened at $17.25 and trades within a 12-month range of $11.40 to $19.25.
- MarketBeat reports a consensus “Buy” rating, and institutional investors own 17.86% of the company after several firms established new positions during the second quarter.
First Northern Community Bancorp (NASDAQ:FNRN - Get Free Report) Director Jean-Luc Servat acquired 1,000 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average price of $17.29 per share, with a total value of $17,290.00. Following the completion of the transaction, the director owned 5,635 shares in the company, valued at $97,429.15. The trade was a 21.57% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Jean-Luc Servat also recently made the following trade(s):
- On Wednesday, August 5th, Jean-Luc Servat acquired 500 shares of First Northern Community Bancorp stock. The stock was acquired at an average cost of $18.32 per share, for a total transaction of $9,160.00.
First Northern Community Bancorp Stock Performance
First Northern Community Bancorp stock opened at $17.25 on Thursday. The company has a market capitalization of $282.90 million, a PE ratio of 12.73 and a beta of 0.01. First Northern Community Bancorp has a 12-month low of $11.40 and a 12-month high of $19.25. The company has a 50-day simple moving average of $17.95.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Weiss Ratings lowered shares of First Northern Community Bancorp from a "buy (b+)" rating to a "buy (b)" rating in a report on Friday, July 17th. Wall Street Zen raised shares of First Northern Community Bancorp to a "hold" rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, First Northern Community Bancorp currently has a consensus rating of "Buy".
View Our Latest Stock Analysis on FNRN
Institutional Investors Weigh In On First Northern Community Bancorp
Hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP acquired a new position in First Northern Community Bancorp in the 2nd quarter worth about $248,000. Deutsche Bank AG bought a new position in First Northern Community Bancorp in the second quarter valued at about $263,000. Bank of New York Mellon Corp acquired a new stake in shares of First Northern Community Bancorp during the second quarter valued at about $654,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Northern Community Bancorp during the second quarter valued at about $1,205,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of First Northern Community Bancorp during the second quarter worth about $6,883,000. Institutional investors own 17.86% of the company's stock.
First Northern Community Bancorp Company Profile
(
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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