First Bancorp, Inc /me/ (FNLC) Files Form 4 Insider Selling : F Stephen Ward Sells 3,000 Shares

First Bancorp, Inc /me/ (FNLC): F Stephen Ward , Treasurer, EVP – CFO of First Bancorp, Inc /me/ sold 3,000 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $20.25 per share for a total value of $60,839.01 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 27, 2015, F Stephen Ward (Treasurer, EVP – CFO) sold 2,300 shares at $18.40 per share price.On Jun 11, 2015, David B Jr Soule (director) sold 750 shares at $17.87 per share price.Also, On Jun 8, 2015, Steven Parady (Chief Fiduciary Officer) sold 1,200 shares at $17.42 per share price.On Jun 1, 2015, Steven H Poulin (SVP – Senior Credit Officer) sold 390 shares at $17.25 per share price.

First Bancorp Inc: On Friday, May 20, 2016 heightened volatility was witnessed in First Bancorp Inc which led to swings in the share price. The shares opened for trading at $19.28 and hit $19.5 on the upside , eventually ending the session at $19.5, with a gain of 1.35% or 0.26 points. The heightened volatility saw the trading volume jump to 12,955 shares. The 52-week high of the share price is $22.5589 and the company has a market cap of $210,132 M . The 52-week low of the share price is at $16.67.

First Bancorp Inc Money Flow Index Chart

The First Bancorp Inc. is a financial holding company of The First N.A. (the Bank). The Bank focuses on personal service and its customers are primarily small businesses and individuals to whom the Bank offers a range of services including deposit accounts consumer commercial and mortgage loans. In addition to traditional banking services the Company provides investment management and private banking services through First Advisors which is an operating division of the Bank. First Advisors offer an array of private banking financial planning investment management and trust services to individuals businesses non-profit organizations and municipalities. The Bank’s loan portfolio consists of commercial loans municipal loans consumer loans home equity loans and residential loans. The Company’s investment securities include securities available for sale and securities to be held to maturity. The Bank’s sources of funds include deposits and borrowed funds.

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