First Northwest Bancorp (NASDAQ:FNWB) Rating Lowered to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded First Northwest Bancorp (NASDAQ:FNWB) from "hold" to "sell", and Weiss Ratings reissued a "sell (d-)"; the consensus remains "Hold" with a $13.50 price target (1 Buy, 2 Hold, 1 Sell).
• Recent quarterly results missed expectations—EPS $0.00 vs. $0.03 expected and revenue $16.45M vs. $16.80M—with a low return on equity (3.15%) and a net margin of 4.20%, indicating weak profitability.
• Shares opened at $10.01 (52-week range $6.05–$10.98) and the company has a market cap of about $95M; CEO Curt Queyrouze bought 4,770 shares at $10.41 while institutional investors own roughly 66% of the stock.

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Monday.

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of First Northwest Bancorp in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $13.50.

First Northwest Bancorp Stock Performance

Shares of FNWB opened at $10.01 on Monday. The business has a 50-day moving average of $9.40 and a 200 day moving average of $9.56. First Northwest Bancorp has a fifty-two week low of $6.05 and a fifty-two week high of $10.98. The firm has a market cap of $95.10 million, a P/E ratio of 18.20 and a beta of 0.67. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.05 and a current ratio of 1.05.

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.00 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.03). First Northwest Bancorp had a return on equity of 3.15% and a net margin of 4.20%.The firm had revenue of $16.45 million during the quarter, compared to analysts' expectations of $16.80 million. As a group, research analysts forecast that First Northwest Bancorp will post 0.4 EPS for the current year.

Insider Buying and Selling

In related news, CEO Curt Queyrouze bought 4,770 shares of the business's stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $10.41 per share, for a total transaction of $49,655.70. Following the purchase, the chief executive officer directly owned 54,770 shares in the company, valued at $570,155.70. This trade represents a 9.54% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.14% of the stock is currently owned by corporate insiders.

Institutional Trading of First Northwest Bancorp

A number of large investors have recently modified their holdings of the business. Bensler LLC increased its stake in shares of First Northwest Bancorp by 11.0% during the third quarter. Bensler LLC now owns 12,868 shares of the financial services provider's stock valued at $101,000 after buying an additional 1,276 shares during the period. Empowered Funds LLC increased its stake in shares of First Northwest Bancorp by 9.6% during the fourth quarter. Empowered Funds LLC now owns 20,971 shares of the financial services provider's stock valued at $197,000 after buying an additional 1,841 shares during the period. Bridgeway Capital Management LLC boosted its position in shares of First Northwest Bancorp by 13.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 44,608 shares of the financial services provider's stock valued at $418,000 after purchasing an additional 5,441 shares in the last quarter. Pinnacle Holdings LLC boosted its position in shares of First Northwest Bancorp by 18.0% during the fourth quarter. Pinnacle Holdings LLC now owns 84,928 shares of the financial services provider's stock valued at $797,000 after purchasing an additional 12,928 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of First Northwest Bancorp by 5.6% during the fourth quarter. Renaissance Technologies LLC now owns 295,105 shares of the financial services provider's stock valued at $2,768,000 after purchasing an additional 15,600 shares in the last quarter. Institutional investors own 66.11% of the company's stock.

First Northwest Bancorp Company Profile

First Northwest Bancorp is a bank holding company headquartered in Mountlake Terrace, Washington. Through its wholly owned subsidiary, First Northwest Bank, the company delivers a full spectrum of community banking services to individuals, families, and small to mid-sized businesses. Its operations are rooted in local decision-making and personalized client relationships, reflecting a community-oriented banking model.

On the retail side, First Northwest Bank offers a range of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit.

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