First Of Long Island Corp (FLIC): Paul T Canarick , director of First Of Long Island Corp purchased 5,000 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.00 per share for a total value of $145,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2016, Michael N Vittorio (President & CEO) sold 501 shares at $28.05 per share price.On Mar 1, 2016, Donald L Manfredonia (Executive Vice President) sold 500 shares at $28.00 per share price.Also, On Dec 11, 2015, Richard P Perro (Executive Vice President) sold 1,550 shares at $30.10 per share price.On Dec 2, 2015, Richard Kick (Executive Vice President) sold 2,650 shares at $31.50 per share price.
First of Long Island Corp: On Friday, May 6, 2016 heightened volatility was witnessed in First of Long Island Corp which led to swings in the share price. The shares opened for trading at $28.89 and hit $29.1 on the upside , eventually ending the session at $29.02, with a gain of 0.48% or 0.14 points. The heightened volatility saw the trading volume jump to 1,26,431 shares. The 52-week high of the share price is $31.94 and the company has a market cap of $414 M . The 52-week low of the share price is at $22.81.
Company has been under the radar of several Street Analysts.First of Long Island Corp is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 2, 2016.
The First of Long Island Corporation is a one-bank holding company. The Company provides financial services through its wholly owned subsidiary The First National Bank of Long Island (the Bank). The Bank has two wholly owned subsidiaries: The First of Long Island Agency Inc. (Agency) and FNY Service Corp. 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 and drive-through banking among others. It serves the financial needs of privately owned businesses professionals consumers public bodies and other organizations primarily in Nassau and Suffolk Counties Long Island New York. Its loan portfolio comprises loans to borrowers on Long Island and in the boroughs of New York City and its real estate loans are secured by properties located in those areas.