First Bancorp CEO Daniel R. Daigneault Sells 400 Shares (FNLC)
First Bancorp (NASDAQ:FNLC) CEO Daniel R. Daigneault sold 400 shares of First Bancorp stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $16.54, for a total transaction of $6,616.00. Following the completion of the sale, the chief executive officer now directly owns 144,713 shares in the company, valued at approximately $2,393,553. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of First Bancorp (NASDAQ:FNLC) traded up 0.37% during mid-day trading on Friday, hitting $16.49. The stock had a trading volume of 8,091 shares. First Bancorp has a one year low of $15.51 and a one year high of $18.20. The stock’s 50-day moving average is $16.72 and its 200-day moving average is $16.41. The company has a market cap of $176.6 million and a price-to-earnings ratio of 12.50.
Separately, analysts at Guggenheim raised their price target on shares of First Bancorp to $5.50 in a research note on Tuesday, June 24th.
The First Bancorp, Inc is a holding company of The First, N.A. (NASDAQ:FNLC).
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