First Northwest Bancorp (NASDAQ:FNWB) EVP Kyle David Henderson Buys 1,000 Shares

First Northwest Bancorp (NASDAQ:FNWB) EVP Kyle David Henderson bought 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was bought at an average price of $10.26 per share, with a total value of $10,260.00. Following the completion of the acquisition, the executive vice president now owns 3,100 shares of the company’s stock, valued at approximately $31,806. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

First Northwest Bancorp Stock Up 1.3 %

NASDAQ FNWB traded up $0.13 during trading on Tuesday, reaching $10.37. 61,591 shares of the company’s stock were exchanged, compared to its average volume of 17,397. The stock has a market cap of $97.89 million, a P/E ratio of -103.70 and a beta of 0.89. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.04 and a current ratio of 1.04. The company has a 50 day moving average price of $10.02 and a two-hundred day moving average price of $12.39. First Northwest Bancorp has a 1 year low of $8.91 and a 1 year high of $16.12.

First Northwest Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Friday, August 9th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Friday, August 9th. First Northwest Bancorp’s dividend payout ratio (DPR) is -280.00%.

Institutional Trading of First Northwest Bancorp

Institutional investors have recently bought and sold shares of the business. Equitable Trust Co. lifted its holdings in shares of First Northwest Bancorp by 6.6% in the 4th quarter. Equitable Trust Co. now owns 19,496 shares of the financial services provider’s stock valued at $311,000 after purchasing an additional 1,201 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of First Northwest Bancorp by 57.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 16,183 shares of the financial services provider’s stock valued at $253,000 after purchasing an additional 5,915 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of First Northwest Bancorp by 7.5% in the 1st quarter. Empowered Funds LLC now owns 15,052 shares of the financial services provider’s stock valued at $236,000 after purchasing an additional 1,050 shares during the last quarter. 66.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Piper Sandler lifted their target price on First Northwest Bancorp from $11.00 to $11.50 and gave the company a “neutral” rating in a report on Tuesday. StockNews.com upgraded First Northwest Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, May 30th.

About First Northwest Bancorp

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.