First of Long Island Corp (FLIC) Insider Michael N. Vittorio Sells 3,000 Shares
First of Long Island Corp (NASDAQ:FLIC) insider Michael N. Vittorio sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $27.53, for a total value of $82,590.00. Following the completion of the sale, the insider now directly owns 106,135 shares in the company, valued at approximately $2,921,896.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
First of Long Island Corp (FLIC) traded up $0.25 on Monday, reaching $27.65. The company’s stock had a trading volume of 46,700 shares, compared to its average volume of 48,545. The firm has a market cap of $674.89, a price-to-earnings ratio of 19.16 and a beta of 0.72. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.96 and a quick ratio of 0.96. First of Long Island Corp has a 12-month low of $25.60 and a 12-month high of $33.50.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in First of Long Island in the 3rd quarter valued at approximately $105,000. Legal & General Group Plc grew its holdings in shares of First of Long Island by 12.3% during the 2nd quarter. Legal & General Group Plc now owns 5,752 shares of the bank’s stock worth $164,000 after purchasing an additional 630 shares in the last quarter. UBS Asset Management Americas Inc. acquired a new stake in shares of First of Long Island during the 2nd quarter worth approximately $204,000. Teacher Retirement System of Texas acquired a new stake in shares of First of Long Island during the 4th quarter worth approximately $214,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of First of Long Island during the 2nd quarter worth approximately $227,000. 54.02% of the stock is currently owned by hedge funds and other institutional investors.
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First of Long Island 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.
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