ConnectOne Stock Is Up Just 4% This Past Year, and One Fund Has Sold Off $4 Million in Shares
2026-03-03 12:29:01 ET
PMC FIG Opportunities disclosed in a February 17, 2026, SEC filing that it sold 143,724 shares of ConnectOne Bancorp (NASDAQ:CNOB) , an estimated $3.64 million trade based on quarterly average pricing.
According to a recent SEC filing dated February 17, 2026, PMC FIG Opportunities reduced its holdings in ConnectOne Bancorp (NASDAQ:CNOB) by 143,724 shares during the fourth quarter of 2025. The estimated transaction value was $3.64 million, calculated using the average closing price for the quarter. The fund’s remaining position was valued at $2.41 million at quarter’s end, down from the prior period, with the valuation shift reflecting both selling activity and stock price movement.
ConnectOne Bancorp, Inc. is a regional bank holding company with a strong presence in the Northeast and South Florida, operating through a network of local branches. The company leverages a diversified portfolio of commercial and consumer banking services to meet the financial needs of businesses and individuals.
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