Northrim Bancorp Inc (NRIM) Files Form 4 Insider Buying : Anthony Drabek Buys 735 Shares

Northrim Bancorp Inc (NRIM): Anthony Drabek , director of Northrim Bancorp Inc purchased 735 shares on May 31, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $26.55 per share for a total value of $19,515.94 , 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 31, 2016, Larry S Cash (director) purchased 730 shares at $26.64 per share price.On May 26, 2016, David G Wight (director) purchased 1,000 shares at $26.97 per share price.Also, On Mar 10, 2016, Anthony Drabek (director) sold 850 shares at $24.02 per share price.On Feb 4, 2016, Joseph M Beedle (CEO) purchased 600 shares at $24.41 per share price.

Shares of Northrim BanCorp (NRIM) ended Friday, May 27, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.07% at $26.78 with 19,123 shares getting traded. Post opening the session at $26.8, the shares hit an intraday low of $26.63 and an intraday high of $27.235 and the price vacillated in this range throughout the day. The company has a market cap of $184 M and the number of outstanding shares has been calculated to be 68,77,140 shares. The 52-week high of Northrim BanCorp is $29.75 and the 52-week low is $21.6.

Northrim BanCorp Money Flow Index Chart

Northrim BanCorp Inc. is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 14 branches throughout Alaska. The Home Mortgage Lending segment’s principal business focus is the origination and sale of mortgage loans for one-to-four family residential properties. The Company has four wholly owned subsidiaries: Northrim Bank (the Bank) Northrim Investment Services Company (NISC) Northrim Capital Trust I (NCTI) and Northrim Statutory Trust 2 (NST2). The Bank has two wholly owned subsidiaries: Northrim Capital Investments Co. (NCIC) and Northrim Building LLC (NBL).

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