First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze Sells 5,250 Shares

First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze sold 5,250 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $17.06, for a total transaction of $89,565.00. Following the transaction, the director directly owned 731,039 shares in the company, valued at $12,471,525.34. This trade represents a 0.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

First Northern Community Bancorp Trading Down 0.5%

NASDAQ FNRN opened at $17.25 on Thursday. The company has a market capitalization of $282.90 million, a P/E ratio of 12.73 and a beta of 0.01. First Northern Community Bancorp has a 52-week low of $11.40 and a 52-week high of $19.25. The company’s 50 day simple moving average is $17.95.

Institutional Trading of First Northern Community Bancorp

Institutional investors have recently made changes to their positions in the business. Allworth Financial LP purchased a new position in First Northern Community Bancorp during the 2nd quarter worth $248,000. Deutsche Bank AG acquired a new stake in First Northern Community Bancorp in the second quarter worth about $263,000. Bank of New York Mellon Corp acquired a new stake in First Northern Community Bancorp in the second quarter worth about $654,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of First Northern Community Bancorp during the second quarter worth about $1,205,000. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in shares of First Northern Community Bancorp during the second quarter worth about $6,883,000. Institutional investors and hedge funds own 17.86% of the company’s stock.

Analyst Upgrades and Downgrades

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