First Northwest BanCorp (NASDAQ:FNWB) VP Kelly A. Liske sold 1,218 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $12.40, for a total value of $15,103.20. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
FNWB stock opened at $11.26 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $117.43 million, a P/E ratio of 14.44 and a beta of 0.85. The business’s 50-day moving average is $13.02 and its two-hundred day moving average is $13.81. First Northwest BanCorp has a 1 year low of $8.77 and a 1 year high of $18.25.
First Northwest BanCorp (NASDAQ:FNWB) last posted its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $11.73 million for the quarter. First Northwest BanCorp had a return on equity of 4.40% and a net margin of 13.51%.
A number of hedge funds have recently bought and sold shares of FNWB. Advisor Group Holdings Inc. acquired a new stake in First Northwest BanCorp in the 1st quarter valued at about $106,000. Creative Planning raised its position in First Northwest BanCorp by 23.0% in the 1st quarter. Creative Planning now owns 14,060 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 2,625 shares in the last quarter. UBS Group AG raised its position in shares of First Northwest BanCorp by 35.7% during the 4th quarter. UBS Group AG now owns 11,476 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 3,017 shares in the last quarter. Rhumbline Advisers raised its position in shares of First Northwest BanCorp by 60.3% during the 1st quarter. Rhumbline Advisers now owns 22,861 shares of the financial services provider’s stock worth $248,000 after acquiring an additional 8,600 shares in the last quarter. Finally, Mackay Shields LLC raised its position in shares of First Northwest BanCorp by 41.1% during the 1st quarter. Mackay Shields LLC now owns 26,100 shares of the financial services provider’s stock worth $284,000 after acquiring an additional 7,600 shares in the last quarter. 52.61% of the stock is currently owned by institutional investors.
Several research firms recently issued reports on FNWB. ValuEngine raised First Northwest BanCorp from a “sell” rating to a “hold” rating in a research note on Thursday, July 2nd. TheStreet raised First Northwest BanCorp from a “d+” rating to a “c-” rating in a research note on Monday, June 15th.
First Northwest BanCorp Company Profile
First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.
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