A Director at First Community is Exercising Options

By Carrie Williams

Today it was reported that a Director at First Community (FCCOResearch Report), James Kitchens, exercised options to buy 8,600 FCCO shares at $5.90 a share, for a total transaction value of $50.74K. The options were close to expired and James Kitchens retained stocks.

This recent transaction increases James Kitchens’ holding in the company by 32.07% to a total of $903.8K. In addition to James Kitchens, one other FCCO executive reported Buy trades in the last month.

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Based on First Community’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $13.98 million and quarterly net profit of $2.9 million. In comparison, last year the company earned revenue of $12.83 million and had a net profit of $2.83 million. The company has a one-year high of $22.79 and a one-year low of $17.08. FCCO’s market cap is $161.8M and the company has a P/E ratio of 15.22.

In the last 30 days, insiders have sold $4,080 worth of FCCO shares and purchased $50.74K worth of FCCO shares.

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First Community Corp. (South Carolina) is a bank holding company, which provides commercial banking services. It operates through the following segments: Commercial and Retail Banking; Mortgage Banking; Investment Advisory and Non-Deposit; and Corporate.