Insider Buying: John T. Lane Buys 1,000 Shares of First of Long Island Corp. Stock (FLIC)
First of Long Island Corp. (NASDAQ:FLIC) Director John T. Lane acquired 1,000 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was purchased at an average price of $34.40 per share, with a total value of $34,400.00. Following the transaction, the director now directly owns 4,727 shares in the company, valued at approximately $162,609. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
First of Long Island Corp. (NASDAQ:FLIC) traded up 2.27% on Tuesday, hitting $35.21. The stock had a trading volume of 12,340 shares. First of Long Island Corp. has a one year low of $33.32 and a one year high of $43.06. The stock has a 50-day moving average of $35.94 and a 200-day moving average of $38.0. The company has a market cap of $324.3 million and a P/E ratio of 14.58.
First of Long Island Corp. (NASDAQ:FLIC) last announced its earnings results on Friday, July 25th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. On average, analysts predict that First of Long Island Corp. will post $2.50 earnings per share for the current fiscal year.
The First of Long Island Corporation is a bank holding company. It provides financial services through its wholly owned subsidiary, The First National Bank of Long Island (NASDAQ:FLIC).
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