First of Long Island Corp (FLIC) Insider Mark D. Curtis Sells 1,800 Shares

First of Long Island Corp (NASDAQ:FLIC) insider Mark D. Curtis sold 1,800 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $28.13, for a total value of $50,634.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of First of Long Island Corp (FLIC) traded up $0.30 during midday trading on Thursday, hitting $28.35. The company had a trading volume of 36,200 shares, compared to its average volume of 47,260. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.24. First of Long Island Corp has a 52 week low of $25.60 and a 52 week high of $33.50. The company has a market capitalization of $691.95, a PE ratio of 19.83 and a beta of 0.72.

Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in shares of First of Long Island in the third quarter worth $105,000. UBS Asset Management Americas Inc. bought a new position in shares of First of Long Island in the second quarter worth $204,000. Teacher Retirement System of Texas bought a new position in shares of First of Long Island in the fourth quarter worth $214,000. Aperio Group LLC bought a new position in shares of First of Long Island in the fourth quarter worth $232,000. Finally, MetLife Investment Advisors LLC bought a new position in shares of First of Long Island in the fourth quarter worth $283,000. Institutional investors own 53.37% of the company’s stock.

A number of research analysts recently commented on FLIC shares. BidaskClub upgraded First of Long Island from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded First of Long Island from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Wednesday, January 10th. Sandler O’Neill set a $33.00 price target on First of Long Island and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Finally, ValuEngine cut First of Long Island from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $31.33.

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About First of Long Island

The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its subsidiary, The First National Bank of Long Island (the Bank). Its services include account reconciliation services, bank by mail, personal money orders, bill payment, remote deposit, cash management services, safe deposit boxes, collection services securities transactions, controlled disbursement accounts, signature guarantee services, drive-through banking, merchant credit card services, and investment management and trust services.

Insider Buying and Selling by Quarter for First of Long Island (NASDAQ:FLIC)

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