The SEVP of The First Of Long Island Corp is Exercising Options


Today, the SEVP of The First Of Long Island Corp, Mark Curtis, exercised options of The First Of Long Island Corp (NASDAQ: FLIC) for $56.02K.

Following this transaction Mark Curtis’ holding in the company was increased by 9.17% to a total of $1.52 million. This is Curtis’ first Buy trade following 4 Sell transactions.

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Based on The First Of Long Island Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $35.6 million and quarterly net profit of $11.07 million. In comparison, last year the company earned revenue of $30.62 million and had a net profit of $9.05 million. FLIC’s market cap is $635.6M and the company has a P/E ratio of 17.05. Currently, The First Of Long Island Corp has an average volume of 53.67K.

In the last 30 days, insiders have sold $215.8K worth of FLIC shares and purchased $56.02K worth of FLIC shares. The insider sentiment on The First Of Long Island Corp has been negative according to 65 insider trades in the past three months. This sentiment is 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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