Insider Selling: First Northern Community Bancorp (NASDAQ:FNRN) Director Sells 2,000 Shares of Stock

First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $17.79, for a total transaction of $35,580.00. Following the completion of the transaction, the director directly owned 739,921 shares in the company, valued at approximately $13,163,194.59. The trade was a 0.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

First Northern Community Bancorp Trading Up 0.3%

FNRN traded up $0.05 during midday trading on Thursday, reaching $17.79. 38,466 shares of the company were exchanged, compared to its average volume of 13,804. 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 cap of $291.93 million, a P/E ratio of 12.72 and a beta of 0.01.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of First Northern Community Bancorp in a research report on Monday, May 4th. They set a “hold (c)” rating for the company. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

First Northern Community Bancorp Company Profile

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.