First National Bank of Groton (OTC:FIGR) Trading Up 4.7% – Time to Buy?

The First National Bank of Groton (OTC:FIGR) shares traded up 4.7% during trading on Wednesday . The company traded as high as $35.33 and last traded at $35.31. 2,663,889 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 3,311,243 shares. The stock had previously closed at $33.74.

First National Bank of Groton Price Performance

The business has a 50-day simple moving average of $39.68 and a 200 day simple moving average of $317.71.

Insider Buying and Selling

In other First National Bank of Groton news, Director Michael Scott Cagney sold 1,500,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $25.00, for a total transaction of $37,500,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director June Ou sold 1,500,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $25.00, for a total transaction of $37,500,000.00. The SEC filing for this sale provides additional information. Insiders sold a total of 3,779,066 shares of company stock worth $94,476,650 in the last ninety days.

About First National Bank of Groton

The First National Bank of Groton offers various banking products and services in New York. The company provides personal checking accounts and personal saving accounts; and business checking, savings, and money market accounts. It also offers personal loans, which includes home mortgage and equity, auto, recreational vehicle, mobile home, and personal home loans.