BlackRock Inc. raised its holdings in shares of FNCB Bancorp Inc (OTCMKTS:FNCB) by 1,205.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 893,072 shares of the financial services provider’s stock after purchasing an additional 824,654 shares during the quarter. BlackRock Inc. owned 4.44% of FNCB Bancorp worth $6,912,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Strs Ohio bought a new position in FNCB Bancorp during the 2nd quarter worth approximately $35,000. JPMorgan Chase & Co. lifted its holdings in FNCB Bancorp by 188.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,699 shares of the financial services provider’s stock worth $37,000 after buying an additional 3,071 shares during the last quarter. Wells Fargo & Company MN bought a new position in FNCB Bancorp during the 2nd quarter worth approximately $151,000. Northern Trust Corp bought a new position in FNCB Bancorp during the 2nd quarter worth approximately $184,000. Finally, Charles Schwab Investment Management Inc. bought a new position in FNCB Bancorp during the 2nd quarter worth approximately $308,000. Hedge funds and other institutional investors own 0.25% of the company’s stock.
In related news, Director Louis A. Denaples, Jr. purchased 4,572 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The shares were acquired at an average price of $7.34 per share, with a total value of $33,558.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 14.17% of the company’s stock.
FNCB Bancorp (OTCMKTS:FNCB) last released its earnings results on Monday, July 22nd. The financial services provider reported $0.13 EPS for the quarter. The firm had revenue of $10.53 million for the quarter.
FNCB Bancorp Company Profile
FNCB Bancorp Inc , formerly First National Community Bancorp, Inc is a bank holding company for First National Community Bank (the Bank). The Company’s primary activity consists of owning and operating the Bank, which provides customary retail and commercial banking services to individuals and businesses.
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