De Lisle Partners LLP Boosts Holdings in Northrim BanCorp, Inc. (NASDAQ:NRIM)

De Lisle Partners LLP boosted its position in Northrim BanCorp, Inc. (NASDAQ:NRIM) by 11.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,095 shares of the financial services provider’s stock after acquiring an additional 8,000 shares during the quarter. Northrim BanCorp accounts for 0.9% of De Lisle Partners LLP’s investment portfolio, making the stock its 27th biggest position. De Lisle Partners LLP owned 1.40% of Northrim BanCorp worth $5,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ClariVest Asset Management LLC acquired a new stake in shares of Northrim BanCorp during the second quarter valued at about $1,141,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Northrim BanCorp during the third quarter worth about $824,000. Elizabeth Park Capital Advisors Ltd. boosted its position in Northrim BanCorp by 27.3% during the 2nd quarter. Elizabeth Park Capital Advisors Ltd. now owns 46,316 shares of the financial services provider’s stock valued at $2,670,000 after purchasing an additional 9,919 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Northrim BanCorp by 27.2% during the second quarter. Renaissance Technologies LLC now owns 27,100 shares of the financial services provider’s stock valued at $1,562,000 after buying an additional 5,800 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in Northrim BanCorp by 7.3% in the second quarter. American Century Companies Inc. now owns 84,730 shares of the financial services provider’s stock worth $4,884,000 after purchasing an additional 5,794 shares during the period. 65.99% of the stock is owned by institutional investors and hedge funds.

Northrim BanCorp Stock Performance

Shares of NASDAQ NRIM opened at $85.57 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.81 and a current ratio of 0.85. The stock has a fifty day moving average price of $72.52 and a two-hundred day moving average price of $64.99. Northrim BanCorp, Inc. has a 1 year low of $43.92 and a 1 year high of $91.72. The firm has a market cap of $470.64 million, a P/E ratio of 14.60 and a beta of 0.73.

Insider Buying and Selling at Northrim BanCorp

In related news, Director Linda C. Thomas sold 2,550 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $79.00, for a total value of $201,450.00. Following the transaction, the director now owns 1,172 shares in the company, valued at approximately $92,588. This represents a 68.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.10% of the company’s stock.

Northrim BanCorp Profile

Northrim BanCorp, Inc operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts.