Fifth District Bancorp (NASDAQ:FDSB) Director Sells $40,433.84 in Stock

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,692 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $15.02, for a total value of $40,433.84. Following the transaction, the director directly owned 4,700 shares in the company, valued at $70,594. This trade represents a 36.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Fifth District Bancorp Stock Performance

Shares of NASDAQ:FDSB remained flat at $15.08 during trading on Thursday. The company’s stock had a trading volume of 2,381 shares, compared to its average volume of 7,296. The stock has a market capitalization of $79.32 million, a PE ratio of 17.33 and a beta of 0.32. Fifth District Bancorp, Inc. has a 52-week low of $11.70 and a 52-week high of $15.64. The firm has a fifty day simple moving average of $14.92 and a two-hundred day simple moving average of $14.62. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.04.

Fifth District Bancorp (NASDAQ:FDSB) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $3.78 million for the quarter. Fifth District Bancorp had a return on equity of 3.37% and a net margin of 16.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Arcus Capital Partners LLC grew its holdings 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 in the last quarter. Mangrove Partners IM LLC grew its holdings in Fifth District Bancorp by 2.1% in the 3rd quarter. Mangrove Partners IM LLC now owns 142,330 shares of the company’s stock valued at $1,968,000 after buying an additional 2,925 shares in the last quarter. Alliancebernstein L.P. grew 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 buying an additional 48,103 shares in the last quarter. Susquehanna International Group LLP grew its holdings in Fifth District Bancorp by 28.2% in the 3rd quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock valued at $182,000 after buying an additional 2,894 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Fifth District Bancorp by 427.7% in the 4th quarter. Renaissance Technologies LLC now owns 63,321 shares of the company’s stock valued at $950,000 after buying an additional 51,321 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Fifth District Bancorp in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Fifth District Bancorp Company Profile

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.