Insider Selling: First Northern Community Bancorp (NASDAQ:FNRN) Director Sells $35,580.00 in Stock

First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze sold 2,000 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $17.79, for a total value of $35,580.00. Following the sale, the director owned 739,921 shares of the company’s stock, valued at approximately $13,163,194.59. This represents a 0.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

First Northern Community Bancorp Stock Down 0.6%

FNRN opened at $17.69 on Friday. First Northern Community Bancorp has a 1 year low of $9.70 and a 1 year high of $17.99. The firm has a market cap of $290.29 million, a P/E ratio of 12.65 and a beta of 0.01.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on First Northern Community Bancorp in a research note on Monday, May 4th. They issued a “hold (c)” rating for the company. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.