Insider Selling: W Jeffrey Weichsel Sells 1,250 Shares of Flushing Financial Corp. Stock (FFIC)
Flushing Financial Corp. (NASDAQ:FFIC) SVP W Jeffrey Weichsel sold 1,250 shares of Flushing Financial Corp. stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $19.39, for a total value of $24,237.50. Following the completion of the transaction, the senior vice president now directly owns 19,437 shares in the company, valued at approximately $376,883. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Flushing Financial Corp. (NASDAQ:FFIC) traded down 0.05% on Thursday, hitting $19.16. 56,741 shares of the company’s stock traded hands. Flushing Financial Corp. has a 52-week low of $17.52 and a 52-week high of $21.91. The stock’s 50-day moving average is $19.06 and its 200-day moving average is $19.98. The company has a market cap of $575.9 million and a price-to-earnings ratio of 13.22.
Flushing Financial Corp. (NASDAQ:FFIC) last announced its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. During the same quarter in the previous year, the company posted $0.33 earnings per share. Analysts expect that Flushing Financial Corp. will post $1.52 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Shareholders of record on Friday, September 5th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Wednesday, September 3rd.
Flushing Financial Corporation is a unitary savings and loan holding company. The primary business of the Company is the operation of its wholly owned subsidiary, Flushing Savings Bank, FSB (NASDAQ:FFIC).
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