First Of Long Island Corp (FLIC): Peter Quick , director of First Of Long Island Corp purchased 20,000 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $29.00 per share for a total value of $580,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Paul T Canarick (director) purchased 5,000 shares at $29.00 per share price.On Mar 9, 2016, Michael N Vittorio (President & CEO) sold 501 shares at $28.05 per share price.Also, On Mar 1, 2016, Donald L Manfredonia (Executive Vice President) sold 500 shares at $28.00 per share price.On Dec 11, 2015, Richard P Perro (Executive Vice President) sold 1,550 shares at $30.10 per share price.
Shares of First of Long Island Corp (FLIC) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.24 points or -0.81% at $29.45 with 38,546 shares getting traded. Post opening the session at $29.84, the shares hit an intraday low of $29.21 and an intraday high of $29.94 and the price vacillated in this range throughout the day. The company has a market cap of $420 M and the number of outstanding shares has been calculated to be 1,42,73,793 shares. The 52-week high of First of Long Island Corp is $31.94 and the 52-week low is $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.