Flushing Financial Co. (NASDAQ:FFIC – Get Rating) EVP Theresa Kelly sold 2,000 shares of the stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $20.82, for a total transaction of $41,640.00. Following the transaction, the executive vice president now directly owns 37,997 shares of the company’s stock, valued at approximately $791,097.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Flushing Financial Trading Down 1.8 %
NASDAQ FFIC opened at $20.76 on Monday. The firm has a 50 day simple moving average of $20.27 and a 200-day simple moving average of $21.29. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.16 and a current ratio of 1.16. Flushing Financial Co. has a one year low of $19.30 and a one year high of $25.95. The firm has a market cap of $618.75 million, a price-to-earnings ratio of 7.60 and a beta of 0.68.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on FFIC shares. Piper Sandler lowered their target price on shares of Flushing Financial to $24.00 in a research note on Wednesday, October 5th. StockNews.com lowered shares of Flushing Financial from a “buy” rating to a “hold” rating in a research note on Saturday.
Institutional Inflows and Outflows
Flushing Financial Company Profile
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. It offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit.
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