Insider Selling: John R. Bowen Unloads 10,000 Shares of Northfield Bancorp Stock (NFBK)
Northfield Bancorp (NASDAQ:NFBK) Director John R. Bowen sold 10,000 shares of the stock on the open market in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $13.04, for a total value of $130,400.00. Following the completion of the transaction, the director now directly owns 32,675 shares in the company, valued at approximately $426,082. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Boenning Scattergood downgraded shares of Northfield Bancorp from an “outperform” rating to a “neutral” rating in a research note on Monday, June 9th. They now have a $14.00 price target on the stock.
Northfield Bancorp (NASDAQ:NFBK) traded up 0.15% on Wednesday, hitting $13.10. The stock had a trading volume of 357,710 shares. Northfield Bancorp has a 52-week low of $11.34 and a 52-week high of $13.52. The stock’s 50-day moving average is $13.00 and its 200-day moving average is $12.85. The company has a market cap of $702.1 million and a price-to-earnings ratio of 37.37.
Northfield Bancorp (NASDAQ:NFBK) last released its earnings data on Friday, April 25th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. Analysts expect that Northfield Bancorp will post $0.37 EPS for the current fiscal year.
Northfield Bancorp, Inc is a holding company for Northfield Bank (NASDAQ:NFBK).
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