Key Points
- Director Linda Sins sold 2,692 shares of Fifth District Bancorp (NASDAQ:FDSB) on May 20 at an average price of $15.02, totaling about $40,434. After the sale, she still held 4,700 shares.
- The transaction reduced her stake by 36.42%, and the sale was disclosed in an SEC filing.
- Fifth District Bancorp recently reported Q1 earnings of $0.08 per share, while Wall Street sentiment remains weak with an average Sell rating on the stock.
Fifth District Bancorp, Inc. (NASDAQ:FDSB - Get Free Report) Director Linda Sins sold 2,692 shares of the firm's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $15.02, for a total value of $40,433.84. Following the completion of the transaction, the director owned 4,700 shares of the company's stock, valued at $70,594. The trade was a 36.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Fifth District Bancorp Stock Performance
Shares of NASDAQ FDSB opened at $15.16 on Friday. The stock has a 50 day moving average price of $14.93 and a 200 day moving average price of $14.64. Fifth District Bancorp, Inc. has a 52 week low of $11.70 and a 52 week high of $15.64. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market capitalization of $79.74 million, a PE ratio of 17.43 and a beta of 0.32.
Fifth District Bancorp (NASDAQ:FDSB - Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.08 earnings per share for the quarter. Fifth District Bancorp had a return on equity of 3.37% and a net margin of 16.35%.The firm had revenue of $3.78 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of Fifth District Bancorp in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of "Sell".
Check Out Our Latest Report on FDSB
Hedge Funds Weigh In On Fifth District Bancorp
Large investors have recently modified their holdings of the stock. Susquehanna International Group LLP lifted its stake in shares of Fifth District Bancorp by 28.2% during the 3rd quarter. Susquehanna International Group LLP now owns 13,149 shares of the company's stock worth $182,000 after buying an additional 2,894 shares during the last quarter. Mangrove Partners IM LLC boosted its holdings in shares of Fifth District Bancorp by 2.1% during the 3rd quarter. Mangrove Partners IM LLC now owns 142,330 shares of the company's stock worth $1,968,000 after buying an additional 2,925 shares during the period. Arcus Capital Partners LLC grew its stake in Fifth District Bancorp by 42.0% in the 3rd quarter. Arcus Capital Partners LLC now owns 18,897 shares of the company's stock valued at $261,000 after buying an additional 5,593 shares during the last quarter. Marshall Wace LLP acquired a new position in Fifth District Bancorp in the 4th quarter valued at about $151,000. Finally, Alliancebernstein L.P. raised its holdings in Fifth District Bancorp by 56.0% in the 3rd quarter. Alliancebernstein L.P. now owns 133,954 shares of the company's stock valued at $1,853,000 after acquiring an additional 48,103 shares during the period.
About Fifth District Bancorp
(
Get Free Report)
Fifth District Bancorp is a bank holding company headquartered in Vienna, Virginia. Through its principal subsidiary, Fifth District Bank, the company offers a full suite of commercial and retail banking services designed to meet the needs of individuals, small businesses and middle-market enterprises. Operating under a national bank charter, Fifth District Bancorp focuses on relationship-driven service, providing its clients with personalized financial solutions and responsive customer support.
The bank's core business activities include deposit-taking, commercial and industrial lending, mortgage banking, and wealth management.
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