Insider Selling: First Northern Community Bancorp (NASDAQ:FNRN) CEO Sells 6,783 Shares of Stock

First Northern Community Bancorp (NASDAQ:FNRN) CEO Jeremiah Zachary Smith sold 6,783 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $17.69, for a total value of $119,991.27. Following the sale, the chief executive officer owned 154,569 shares of the company’s stock, valued at $2,734,325.61. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

First Northern Community Bancorp Price Performance

FNRN stock traded down $0.01 during trading on Monday, hitting $17.68. 27,399 shares of the company traded hands, compared to its average volume of 14,223. The stock has a market capitalization of $290.08 million, a PE ratio of 12.65 and a beta of 0.01. First Northern Community Bancorp has a 1 year low of $9.70 and a 1 year high of $17.99.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on First Northern Community Bancorp in a research 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 MarketBeat.com, the stock currently has an average 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.