1st Constitution Bancorp (NASDAQ:FCCY) Director William M. Rue purchased 2,000 shares of the company’s stock in a transaction on Friday, November 18th. The shares were purchased at an average cost of $13.65 per share, with a total value of $27,300.00. Following the purchase, the director now owns 199,629 shares of the company’s stock, valued at $2,724,935.85. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

1st Constitution Bancorp (NASDAQ:FCCY) traded up 4.95% during midday trading on Tuesday, hitting $14.85. The stock had a trading volume of 12,556 shares. The stock’s 50-day moving average is $13.56 and its 200-day moving average is $12.89. The company has a market capitalization of $118.55 million, a PE ratio of 13.61 and a beta of 0.29. 1st Constitution Bancorp has a 1-year low of $11.27 and a 1-year high of $14.85.

Several equities research analysts have issued reports on FCCY shares. TheStreet raised 1st Constitution Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, October 21st. Zacks Investment Research raised 1st Constitution Bancorp from a “hold” rating to a “strong-buy” rating and set a $15.00 price target for the company in a research note on Thursday, October 27th.

Large investors have recently bought and sold shares of the company. Advisor Group Inc. bought a new stake in 1st Constitution Bancorp during the second quarter valued at approximately $125,000. LSV Asset Management raised its stake in 1st Constitution Bancorp by 105.2% in the second quarter. LSV Asset Management now owns 15,800 shares of the financial services provider’s stock valued at $189,000 after buying an additional 8,100 shares during the period. HighTower Advisors LLC raised its stake in 1st Constitution Bancorp by 23.4% in the third quarter. HighTower Advisors LLC now owns 14,257 shares of the financial services provider’s stock valued at $196,000 after buying an additional 2,700 shares during the period. Salzhauer Michael bought a new stake in 1st Constitution Bancorp during the third quarter valued at approximately $218,000. Finally, Bridgeway Capital Management Inc. raised its stake in 1st Constitution Bancorp by 28.6% in the second quarter. Bridgeway Capital Management Inc. now owns 26,983 shares of the financial services provider’s stock valued at $324,000 after buying an additional 6,000 shares during the period. Hedge funds and other institutional investors own 18.20% of the company’s stock.

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1st Constitution Bancorp Company Profile

1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations.

5 Day Chart for NASDAQ:FCCY

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