A Director at First Bancorp Inc (NASDAQ: FNLC) is Selling Shares

By Carrie Williams

Today, a Director at First Bancorp Inc (NASDAQ: FNLC), David Soule, sold shares of FNLC for $47.82K.

Following David Soule’s last FNLC Sell transaction on June 11, 2015, the stock climbed by 7.3%. In addition to David Soule, one other FNLC executive reported Sell trades in the last month.

Based on First Bancorp Inc’s latest earnings report from March 31, the company posted quarterly revenue of $16.24M and quarterly net profit of $4.5M. In comparison, last year the company earned revenue of $15.81M and had a net profit of $4.19M. The company has a one year high of $24.66 and a one year low of $17.37. FNLC’s market cap is $259.1M and the company has a P/E ratio of 14.83.

The insider sentiment on First Bancorp Inc has been neutral according to 29 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

First Bancorp, Inc. operates as a bank holding company for The First, N.A. It provides a broad range of financial services to individuals and companies in coastal Maine. These services include demand, time, and savings deposits; lending; ATM processing; and investment management and trust services. The company was founded on January 15, 1985 and is headquartered in Damariscotta, ME.