Northeast Bancorp (NASDAQ:NBN): Institutional Investor Sentiment Down to 1.14

June 21, 2018 - By Migdalia James

Northeast Bancorp (NASDAQ:NBN) Logo

Sentiment for Northeast Bancorp (NASDAQ:NBN)

Northeast Bancorp (NASDAQ:NBN) institutional sentiment decreased to 1.14 in 2018 Q1. Its down -0.65, from 1.79 in 2017Q4. The ratio worsened, as 33 active investment managers opened new or increased stock positions, while 29 reduced and sold positions in Northeast Bancorp. The active investment managers in our partner’s database reported: 3.87 million shares, down from 3.89 million shares in 2017Q4. Also, the number of active investment managers holding Northeast Bancorp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 20 Increased: 22 New Position: 11.

Northeast Bancorp operates as the bank holding firm for Northeast Bank that provides banking services and products to individual and corporate clients in the United States. The company has market cap of $199.68 million. The companyÂ’s deposit products include noninterest-bearing demand deposit, NOW, money market, and savings accounts, as well as certificate of deposit accounts. It has a 12.84 P/E ratio. The Company’s loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising automobile, boat, and recreational vehicle loans; and small business administration loans.

The stock increased 0.45% or $0.1 during the last trading session, reaching $22.35. About 6,473 shares traded. Northeast Bancorp (NASDAQ:NBN) has risen 11.59% since June 21, 2017 and is uptrending. It has underperformed by 0.98% the S&P500.

Pacific Ridge Capital Partners Llc holds 1.04% of its portfolio in Northeast Bancorp for 189,580 shares. Price Michael F owns 202,500 shares or 0.49% of their US portfolio. Moreover, Eidelman Virant Capital has 0.48% invested in the company for 35,725 shares. The Illinois-based Perritt Capital Management Inc has invested 0.33% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 50,015 shares.

Since January 1, 0001, it had 4 insider purchases, and 1 insider sale for $389,180 activity.

Another recent and important Northeast Bancorp (NASDAQ:NBN) news was published by Globenewswire.com which published an article titled: “Research Report Identifies Bryn Mawr Bank, Whitestone REIT, Surgery Partners, PennantPark Floating Rate Capital …” on May 24, 2018.

Northeast Bancorp (NASDAQ:NBN) Institutional Positions Chart

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