Flushing Financial Corp (FFIC): Caterina Depasquale , Senior Vice President of Flushing Financial Corp sold 1,200 shares on Sep 19, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $22.87 per share for a total value of $27,444.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 16, 2016, Brewer M. Allen (Executive Vice President) sold 300 shares at $22.70 per share price.On Sep 8, 2016, John R Buran (President & CEO) sold 8,000 shares at $23.09 per share price.Also, On Aug 25, 2016, James Davison Bennett (director) sold 7,850 shares at $22.42 per share price.On Aug 23, 2016, Francis W Korzekwinski (Sr. Executive Vice President) sold 4,128 shares at $22.25 per share price.
Flushing Financial Corporation: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in Flushing Financial Corporation which led to swings in the share price. The shares opened for trading at $23.12 and hit $23.12 on the upside , eventually ending the session at $23.02, with a gain of 0.35% or 0.08 points. The heightened volatility saw the trading volume jump to 23,313 shares. The 52-week high of the share price is $23.78 and the company has a market cap of $659 M . The 52-week low of the share price is at $18.95.
Company has been under the radar of several Street Analysts.Flushing Financial Corporation is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 31, 2016.Flushing Financial Corporation is Initiated by Gabelli & Co to Buy and the brokerage firm has set the Price Target at $27. The Rating was issued on Jun 29, 2016.
Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. As of December 31 2014 the Bank owned three subsidiaries: Flushing Preferred Funding Corporation (FPFC) Flushing Service Corporation and FSB Properties Inc. (Properties). The Company also owns Flushing Financial Capital Trust II Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts). The Company provides a range of lending and deposit products. As of December 31 2014 the Bank operated out of 17 full-service offices located in the New York City Boroughs of Queens Brooklyn and Manhattan and in Nassau County New York. The Company also operates an Internet branch iGObanking.com. The Bank has a business banking unit which provides a range of commercial business deposit loan and cash management products.