First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze Sells 1,000 Shares of Company Stock

First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze sold 1,000 shares of the company’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $16.68, for a total transaction of $16,680.00. Following the completion of the sale, the director directly owned 726,421 shares of the company’s stock, valued at $12,116,702.28. This trade represents a 0.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

First Northern Community Bancorp Stock Up 1.8%

Shares of FNRN stock traded up $0.30 on Friday, hitting $17.30. 156,412 shares of the company’s stock traded hands, compared to its average volume of 96,310. First Northern Community Bancorp has a one year low of $13.05 and a one year high of $19.25. The firm’s fifty day moving average is $17.11. The stock has a market cap of $281.82 million, a PE ratio of 12.60 and a beta of 0.04.

First Northern Community Bancorp (NASDAQ:FNRN) last issued its earnings results on Thursday, October 29th. The company reported $0.38 EPS for the quarter. The company had revenue of $21.00 million for the quarter. First Northern Community Bancorp had a net margin of 24.39% and a return on equity of 10.73%.

Institutional Trading of First Northern Community Bancorp

A number of hedge funds have recently modified their holdings of FNRN. Legal & General Group Plc bought a new stake in First Northern Community Bancorp during the second quarter worth about $26,000. Allworth Financial LP bought a new position in shares of First Northern Community Bancorp during the second quarter valued at approximately $248,000. Citadel Advisors LLC bought a new position in shares of First Northern Community Bancorp during the second quarter valued at approximately $253,000. Deutsche Bank AG purchased a new position in shares of First Northern Community Bancorp during the second quarter valued at approximately $263,000. Finally, Arcus Capital Partners LLC purchased a new position in shares of First Northern Community Bancorp during the second quarter valued at approximately $269,000. Institutional investors own 17.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wall Street Zen raised First Northern Community Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, October 31st. Weiss Ratings raised First Northern Community Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy”.

First Northern Community Bancorp Company Profile

First Northern Community Bancorp is the bank holding company for First Northern Bank, a community bank headquartered in Dixon, California. The bank traces its roots to 1910 and serves individuals, businesses and organizations in Northern California. Its services include checking and savings accounts, certificates of deposit, consumer and business loans, commercial real estate financing, and banking services for businesses. Customers can also access digital banking tools and cash-management services.