First Bancorp (FBP): Insider Trading and Ownership Analysis

A total of 3.23 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 2.12 Million shares, while its relative volume stands at 1.52. Glatfelter now has $962.82 million valuation. The stock increased 0.46% or $0.17 during the last trading session, reaching $36.97. About 47,494 shares traded or 49.64% up from the average. It has underperformed by 17.76% the S&P500. First Bancorp earned a news impact score of 0.29 on Accern's scale. Therefore 100% are positive. After having $0.19 EPS previously, Gluskin Sheff + Associates Inc.'s analysts see 152.63% EPS growth.

First Bancorp (FBP) stock price fell -24.04 percent over the past one year, while decreased -14.38 percent during the past 6 months. BNP Paribas Arbitrage SA now owns 3,268 shares of the financial services provider's stock valued at $102,000 after buying an additional 3,018 shares in the last quarter. PiperJaffray reinitiated the shares of FBNC in report on Thursday, October 5 with "Overweight" rating. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.67, indicating analysts in general look favorably on the company's future prospects. The company was maintained on Friday, November 10 by Keefe Bruyette & Woods. On Wednesday, August 12 the stock rating was upgraded by Zacks to "Hold". The stock of First Internet Bancorp (NASDAQ:INBK) earned "Buy" rating by Keefe Bruyette & Woods on Monday, June 26. As per Friday, October 6, the company rating was maintained by Piper Jaffray. The stock of First Bancorp (NASDAQ:FBNC) earned "Buy" rating by Keefe Bruyette & Woods on Tuesday, October 3. The rating was downgraded by Piper Jaffray on Wednesday, July 22 to "Neutral".

Investors sentiment increased to 4.27 in Q3 2017. The stock gained 1.59 percent over the past month and rose 0.39 percent year-to-date.

In the past 52-week period, shares of First Bancorp (NYSE:FBP) have moved within the range of $4.48 to $7.02. 26 funds opened positions while 38 raised stakes. Raymond James Fincl Ser has invested 0% in First Bancorp (NASDAQ:FBNC). Barclays Plc, a United Kingdom-based fund reported 37,645 shares. Rmb Mngmt Ltd Liability Co stated it has 374,581 shares or 0.33% of all its holdings. Creative Planning reported 15,757 shares stake. Hennessy Advsr Inc holds 0.08% of its portfolio in First Bancorp (NYSE:FBP) for 500,000 shares.

First Bancorp (FBP) has demonstrated a 20-day simple moving average (SMA) of 0.38%, and a 50-day SMA of 1.79%. Illinois-based Northern Tru Corp has invested 0% in First Bancorp (NYSE:FBP). Ledyard Bank has invested 0% in The Middleby Corporation (NASDAQ:MIDD). Counselors Of Maryland Ltd Liability owns 295,386 shares for 0.52% of their portfolio. Dimensional Fund Advisors Limited Partnership has 1.02 million shares.

Since July 31, 2017, it had 0 insider purchases, and 8 sales for $48.22 million activity.

First Bancorp operates as the bank holding firm for First Bank that provides banking services and products for individuals and small to medium-sized businesses primarily in North Carolina and northeastern SC. (NYSE:CF) has a market cap of $10.18 billion and over the last 12 months, CF has risen by 27.87%. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificates of deposits and individual retirement accounts. It has a 21.31 P/E ratio. The Company's Commercial and Corporate Banking segment offers commercial real estate and construction loans, and floor plan financings, as well as cash and business management services; and underwrites municipal securities, and other investment banking services.

Investors sentiment increased to 0.89 in Q3 2017. Its down 0.05, from 0.99 in 2017Q2. Heartland Advisors Inc bought 124,220 shares as the company's stock declined 16.32% while stock markets rallied.

Rock Point Advisors Llc, which manages about $351.72 million and $214.70 million US Long portfolio, decreased its stake in Sunpower Corp (NASDAQ:SPWR) by 152,839 shares to 353,190 shares, valued at $2.58M in 2017Q3, according to the filing. California State Teachers Retirement stated it has 69,590 shares. Kbc Gru Inc Nv invested in 231,452 shares. Cornerstone Cap Hldg Ltd Liability Co owns 0.04% invested in First Bancorp (NYSE:FBP) for 900,637 shares. It dropped, as 48 investors sold V shares while 617 reduced holdings. The fund owned 52,793 shares of the financial services provider's stock after buying an additional 1,218 shares during the period. First Mercantile Trust accumulated 16,540 shares. Us Comml Bank De, Minnesota-based fund reported 2,829 shares. Mirae Asset Global Investments Com Ltd owns 443,589 shares. Deutsche National Bank Ag invested in 0% or 59,605 shares. Looking further back to the beginning of the calendar year, we note that shares have moved 8.05%.

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