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

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

First Northern Community Bancorp Price Performance

Shares of First Northern Community Bancorp stock opened at $17.55 on Wednesday. The stock has a market cap of $288.00 million, a P/E ratio of 12.55 and a beta of 0.01. First Northern Community Bancorp has a 12 month low of $9.70 and a 12 month high of $17.99.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of First Northern Community Bancorp in a report 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, According to data from MarketBeat, the stock has a consensus 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.