The SEVP of Flushing Financial Corp (NASDAQ: FFIC) is Selling Shares

By Carrie Williams

Today, the SEVP of Flushing Financial Corp (NASDAQ: FFIC), Francis Korzekwinski, sold shares of FFIC for $87.33K.

In addition to Francis Korzekwinski, one other FFIC executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Flushing Financial Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $64.09 million and quarterly net profit of $11.41 million. In comparison, last year the company earned revenue of $61.37 million and had a net profit of $12.26 million. FFIC’s market cap is $753.1M and the company has a P/E ratio of 19.22. Currently, Flushing Financial Corp has an average volume of 47.27K.

In the last 30 days, insiders have sold $87.33K worth of FFIC shares and purchased $12.75K worth of FFIC shares. The insider sentiment on Flushing Financial Corp has been positive according to 48 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Flushing Financial Corp. operates as a bank holding company for Flushing Savings Bank, which provides banking and financial services. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans, mortgage loan, U.S. government securities, corporate fixed-income securities and other marketable securities. The company was founded on May 9, 1994 and is headquartered in Lake Success, NY.