First Northern Community Bancorp (NASDAQ:FNRN) CEO Jeremiah Zachary Smith Sells 6,783 Shares of Stock

First Northern Community Bancorp (NASDAQ:FNRN) CEO Jeremiah Zachary Smith sold 6,783 shares of First Northern Community Bancorp stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $17.69, for a total transaction of $119,991.27. Following the completion of the sale, the chief executive officer owned 154,569 shares of the company’s stock, valued at approximately $2,734,325.61. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

First Northern Community Bancorp Price Performance

NASDAQ FNRN opened at $17.68 on Tuesday. First Northern Community Bancorp has a 1-year low of $9.70 and a 1-year high of $17.99. The company has a market capitalization of $290.13 million, a PE ratio of 12.65 and a beta of 0.01.

Wall Street Analyst Weigh In

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

About First Northern Community Bancorp

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.