FNLC First Bancorp, Inc /ME/ Insider Trading

Director Kimberly Swan purchases 1,500 shares of First Bancorp at market prices, signaling conviction in undervalued bank stock.

Kimberly Swan, a director at First Bancorp, made a meaningful open-market purchase of 1,500 shares across two tranches, adding roughly one-tenth to her existing stake. The timing is notable: she's buying while the stock trades slightly below its year-long peak, not during a deeper pullback—suggesting she sees sustainable value rather than bargain-hunting at a bottom. The company itself is profitable and trading at a modest valuation multiple, the kind of financial strength that typically attracts patient, conviction-driven board members. Swan's purchase reflects insider confidence that the market isn't fully appreciating First Bancorp's earnings power, though the modest size of the buy and the absence of concurrent director activity temper the strength of that signal.

Director Kachmar buys 4,000 shares of FNLC at $24.10; holdings jump to 5,015 shares (+393.9%)

Kachmar Ingrid Wilbur, a director, executed a substantial open-market purchase of 4,000 shares at $24.10, increasing her position from 1,015 to 5,015 shares—a 393.9% increase in holdings. At the purchase price of $24.10, the transaction occurred 1.3% below the current price of $24.43 and within the 52-week trading range of $22.08–$31.02. The stock is currently trading 21.2% below its 52-week high, which may reflect market-wide headwinds rather than company-specific deterioration. With a P/E of 11.42 on net income of $7,571,000.00 and a market cap of $273,512,612.24, the company exhibits modest valuation metrics that warrant investor review of the motivations behind this director-level accumulation.

Director Swan Kimberly buys 1,600 shares of FNLC at $24.42; all 4 prior same-ticker buys were well-timed with 90d returns of +6.9%, +10.5%, +7.7%, +8.0%.

Swan Kimberly (Director) purchased 1,600 shares at $24.42 on 2025-04-24, increasing his holdings from 10,582 shares to 12,182 shares (+15.1%). His prior trade history at this ticker is remarkably consistent: all 4 preceding buys at FNLC were well-timed, with 90-day returns ranging from +6.9% to +25.4%, and a 90d win rate of 100.00%. Additionally, his cross-ticker track record shows 4 prior buys with an average 90-day return of +19.2%. The current price of $24.22 is -21.9% from the 52-week high of $31.02, positioning this purchase near a recent trough. The combination of this insider's documented pattern of well-timed accumulation at this specific ticker and the company's reasonable valuation (P/E of 11.32, market cap $271.2M) merits close investor attention as a potential buy signal.