The First of Long Island Corporation (NASDAQ:FLIC) insider Mark D. Curtis sold 6,000 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $29.38, for a total transaction of $176,280.00. Following the completion of the sale, the insider now directly owns 41,607 shares of the company’s stock, valued at approximately $1,222,413.66. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of The First of Long Island Corporation (NASDAQ:FLIC) opened at $29.10 on Friday. The firm has a market cap of $709.38, a price-to-earnings ratio of 20.00 and a beta of 0.81. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.24. The First of Long Island Corporation has a 12-month low of $25.08 and a 12-month high of $33.50.

The First of Long Island Corporation (NASDAQ:FLIC) last posted its earnings results on Monday, October 30th. The bank reported $0.38 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.38. The First of Long Island Corporation had a net margin of 28.36% and a return on equity of 10.81%. The firm had revenue of $26.87 million during the quarter, compared to analysts’ expectations of $27.05 million. equities research analysts expect that The First of Long Island Corporation will post 1.5 earnings per share for the current fiscal year.

Several brokerages have weighed in on FLIC. Zacks Investment Research raised shares of The First of Long Island Corporation from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a research report on Thursday, September 28th. ValuEngine cut shares of The First of Long Island Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised shares of The First of Long Island Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th.

Large investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. lifted its position in shares of The First of Long Island Corporation by 5.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 99,840 shares of the bank’s stock worth $2,701,000 after purchasing an additional 4,752 shares during the period. Chilton Investment Co. LLC lifted its position in shares of The First of Long Island Corporation by 5.4% in the 2nd quarter. Chilton Investment Co. LLC now owns 195,575 shares of the bank’s stock worth $5,593,000 after purchasing an additional 10,047 shares during the period. Russell Investments Group Ltd. lifted its position in shares of The First of Long Island Corporation by 24.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 74,450 shares of the bank’s stock worth $2,129,000 after purchasing an additional 14,500 shares during the period. Geode Capital Management LLC increased its stake in shares of The First of Long Island Corporation by 3.7% in the 1st quarter. Geode Capital Management LLC now owns 176,041 shares of the bank’s stock worth $4,761,000 after acquiring an additional 6,279 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of The First of Long Island Corporation by 17.3% in the 2nd quarter. Voya Investment Management LLC now owns 11,021 shares of the bank’s stock worth $315,000 after acquiring an additional 1,628 shares in the last quarter. 52.97% of the stock is owned by hedge funds and other institutional investors.

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The First of Long Island Corporation Company Profile

The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.

Insider Buying and Selling by Quarter for The First of Long Island Corporation (NASDAQ:FLIC)

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