Mark Schulze Sells 3,000 Shares of First Northern Community Bancorp (NASDAQ:FNRN) Stock

First Northern Community Bancorp (NASDAQ:FNRN) Director Mark Schulze sold 3,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $17.78, for a total transaction of $53,340.00. Following the transaction, the director owned 741,921 shares of the company’s stock, valued at approximately $13,191,355.38. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

First Northern Community Bancorp Trading Up 0.5%

FNRN stock traded up $0.09 during trading on Monday, hitting $17.85. The stock had a trading volume of 116,102 shares, compared to its average volume of 28,757. First Northern Community Bancorp has a twelve month low of $9.70 and a twelve month high of $17.99. The stock has a market cap of $292.92 million, a price-to-earnings ratio of 12.70 and a beta of 0.01.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on First Northern Community Bancorp in a research note on Monday, May 4th. They issued a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock 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.