Northrim BanCorp, Inc. (NASDAQ:NRIM), saw an insider raise their exposure to the company through a transaction officially filed today, September 3rd. Executive Vice President Joseph M. Beedle acquired 4,125 shares at an average price of $24.6336 per share. After the completion of this move, Beedle now has a total of 29,633 shares directly invested in the company.
A $167.22 million market cap corporation, Northrim BanCorp, Inc. (NASDAQ:NRIM) is a bank holding company for Northrim Bank (the Bank). In addition, among the outside investors involved with the company is billionaire Jim Simons. His hedge fund, Renaissance Technologies, reported a 5% decrease in its activity with the company over the course of the last fiscal quarter, and now has 31,400 shares worth about $803 thousand invested in Northrim BanCorp, Inc. (NASDAQ:NRIM). Also involved is Citadel Investment Group, the hedge fund run by billionaire Ken Griffin, which holds 10,860 shares worth about $278 thousand.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.