A Director at The First Of Long Island Corp (FLIC) is Buying Shares


Today, a Director at The First Of Long Island Corp (FLIC), Alexander Cover, bought shares of FLIC for $19.59K.

Following this transaction Alexander Cover’s holding in the company was increased by 3.44% to a total of $590.8K. In addition to Alexander Cover, 2 other FLIC executives reported Buy trades in the last month.

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Based on The First Of Long Island Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $32.63 million and quarterly net profit of $10.03 million. In comparison, last year the company earned revenue of $32.5 million and had a net profit of $9.31 million. FLIC’s market cap is $498.8M and the company has a P/E ratio of 12.80. Currently, The First Of Long Island Corp has an average volume of 10.01K.

In the last 30 days, insiders have sold $79.51K worth of FLIC shares and purchased $96.19K worth of FLIC shares. The insider sentiment on The First Of Long Island Corp has been neutral according to 62 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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First of Long Island Corp. is a holding company, which through its subsidiaries, engages in the provision of financial services. It offers personal banking, business banking and lending services to individual, professional, corporate, institutional, and government customers. The company was founded on February 7, 1984 and is headquartered in Glen Head, NY.

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