First Northern Community Bancorp (NASDAQ:FNRN) Director Sells $55,200.00 in Stock

First Northern Community Bancorp (NASDAQ:FNRNGet Free Report) Director Mark Schulze sold 3,000 shares of First Northern Community Bancorp stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $18.40, for a total value of $55,200.00. Following the completion of the transaction, the director directly owned 736,921 shares in the company, valued at $13,559,346.40. This represents a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

First Northern Community Bancorp Stock Down 2.0%

NASDAQ FNRN traded down $0.37 during mid-day trading on Thursday, hitting $17.81. The company’s stock had a trading volume of 46,802 shares, compared to its average volume of 145,966. The stock has a market cap of $292.26 million, a price-to-earnings ratio of 13.42 and a beta of 0.01. First Northern Community Bancorp has a 52-week low of $11.03 and a 52-week high of $19.25. The company has a fifty day moving average price of $17.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Northern Community Bancorp stock. Focus Partners Advisor Solutions LLC acquired a new stake in shares of First Northern Community Bancorp (NASDAQ:FNRNFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 383,690 shares of the company’s stock, valued at approximately $6,883,000. Focus Partners Advisor Solutions LLC owned approximately 2.34% of First Northern Community Bancorp as of its most recent SEC filing. 17.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Weiss Ratings lowered First Northern Community Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Wall Street Zen raised shares of First Northern Community Bancorp to a “hold” rating in a research report on Saturday, May 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Get Our Latest Stock Report on FNRN

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.

See Also

Receive News & Ratings for First Northern Community Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Northern Community Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.