First Northern Community Bancorp (NASDAQ:FNRN – Get Free Report) Director Mark Schulze sold 3,000 shares of the stock in a transaction dated 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 owned 741,921 shares of the company’s stock, valued at approximately $13,191,355.38. This trade represents a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
First Northern Community Bancorp Price Performance
First Northern Community Bancorp stock opened at $17.85 on Tuesday. First Northern Community Bancorp has a one year low of $9.70 and a one year high of $17.99. The stock has a market capitalization of $292.92 million, a price-to-earnings ratio of 12.70 and a beta of 0.01.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on First Northern Community Bancorp in a research note on Monday, May 4th. They issued a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average 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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