Dime Community Bancshares EVP Sells $60,048 in Stock (DCOM)
Dime Community Bancshares (NASDAQ:DCOM) EVP Michael Pucella unloaded 3,917 shares of Dime Community Bancshares stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $15.33, for a total value of $60,047.61. Following the transaction, the executive vice president now directly owns 24,817 shares in the company, valued at approximately $380,445. The sale was disclosed in a filing with the SEC, which is available at this link.
Dime Community Bancshares (NASDAQ:DCOM) traded down 0.07% during mid-day trading on Friday, hitting $15.37. 32,973 shares of the company’s stock traded hands. Dime Community Bancshares has a 52 week low of $14.77 and a 52 week high of $18.23. The stock’s 50-day moving average is $15.3 and its 200-day moving average is $15.95. The company has a market cap of $551.4 million and a price-to-earnings ratio of 13.36.
Dime Community Bancshares (NASDAQ:DCOM) last posted its quarterly earnings results on Friday, July 25th. The company reported $0.29 EPS for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.02. Analysts expect that Dime Community Bancshares will post $1.11 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of Dime Community Bancshares from an “underperform” rating to a “neutral” rating in a research note on Friday, July 25th. They now have a $15.90 price target on the stock. Two investment analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $16.88.
Dime Community Bancshares, Inc is a parent company of The Dime Savings Bank of Williamsburgh (NASDAQ:DCOM), a federally-chartered stock savings bank.
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