Dime Community Bancshares (NASDAQ:DCOM) Stock: Insider Basswood Capital Management, L Sells 34,333 Shares

06 Nov 2026, 09:39 by Tristan Rich · The Markets Daily

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) Director Basswood Capital Management, L sold 34,333 shares of the business’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $42.72, for a total transaction of $1,466,705.76. Following the completion of the sale, the director owned 1,538 shares in the company, valued at approximately $65,703.36. The trade was a 95.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Basswood Capital Management, L also recently made the following trade(s):

On Tuesday, November 3rd, Basswood Capital Management, L sold 29,732 shares of Dime Community Bancshares stock. The shares were sold at an average price of $42.72, for a total transaction of $1,270,151.04.
On Thursday, October 29th, Basswood Capital Management, L sold 2,631 shares of Dime Community Bancshares stock. The shares were sold at an average price of $42.38, for a total value of $111,501.78.
On Wednesday, October 28th, Basswood Capital Management, L sold 5,160 shares of Dime Community Bancshares stock. The stock was sold at an average price of $42.02, for a total value of $216,823.20.
On Tuesday, October 27th, Basswood Capital Management, L sold 23,538 shares of Dime Community Bancshares stock. The shares were sold at an average price of $42.51, for a total value of $1,000,600.38.
On Monday, October 26th, Basswood Capital Management, L sold 16,159 shares of Dime Community Bancshares stock. The shares were sold at an average price of $43.05, for a total value of $695,644.95.
On Friday, October 23rd, Basswood Capital Management, L sold 90,000 shares of Dime Community Bancshares stock. The shares were sold at an average price of $42.68, for a total value of $3,841,200.00.
On Thursday, August 13th, Basswood Capital Management, L sold 7,170 shares of Dime Community Bancshares stock. The shares were sold at an average price of $41.40, for a total value of $296,838.00.
On Wednesday, August 12th, Basswood Capital Management, L sold 32,335 shares of Dime Community Bancshares stock. The stock was sold at an average price of $40.96, for a total value of $1,324,441.60.
On Tuesday, August 11th, Basswood Capital Management, L sold 8,674 shares of Dime Community Bancshares stock. The stock was sold at an average price of $40.59, for a total value of $352,077.66.

Dime Community Bancshares Stock Down 3.0%

Shares of DCOM opened at $42.42 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 17.98 and a beta of 0.98. Dime Community Bancshares, Inc. has a 1 year low of $25.63 and a 1 year high of $44.89. The business’s 50 day simple moving average is $40.50 and its 200-day simple moving average is $37.73.

Dime Community Bancshares (NASDAQ:DCOM – Get Free Report) last posted its earnings results on Tuesday, October 20th. The savings and loans company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. Dime Community Bancshares had a net margin of 15.15% and a return on equity of 9.12%. The firm had revenue of $135.35 million during the quarter, compared to analyst estimates of $131.16 million. During the same period last year, the firm posted $0.59 earnings per share. As a group, equities analysts expect that Dime Community Bancshares, Inc. will post 3.06 earnings per share for the current fiscal year.

Dime Community Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 16th were given a dividend of $0.25 per share. The ex-dividend date was Friday, October 16th. This represents a $1.00 annualized dividend and a yield of 2.4%. Dime Community Bancshares’s dividend payout ratio (DPR) is 32.47%.

Institutional Trading of Dime Community Bancshares

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE bought a new stake in Dime Community Bancshares in the second quarter worth about $9,631,000. Legal & General Group Plc purchased a new position in shares of Dime Community Bancshares during the second quarter valued at approximately $3,904,000. BlackRock Inc. bought a new position in shares of Dime Community Bancshares during the second quarter valued at approximately $251,937,000. Deutsche Bank AG bought a new position in shares of Dime Community Bancshares during the second quarter valued at approximately $1,782,000. Finally, Empowered Funds LLC bought a new position in shares of Dime Community Bancshares during the second quarter valued at approximately $8,149,000. Hedge funds and other institutional investors own 75.27% of the company’s stock.

Analysts Set New Price Targets

DCOM has been the topic of a number of research reports. DA Davidson set a $50.00 target price on shares of Dime Community Bancshares in a report on Thursday, October 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $47.00 price target (up from $45.00) on shares of Dime Community Bancshares in a report on Wednesday, October 21st. Finally, Keefe, Bruyette & Woods lifted their price target on Dime Community Bancshares from $47.00 to $49.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 21st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.50.

Read Our Latest Research Report on Dime Community Bancshares

Dime Community Bancshares Company Profile

(Get Free Report)

Dime Community Bancshares, Inc is the bank holding company for Dime Community Bank, a full-service commercial bank serving businesses, individuals and local communities in the New York metropolitan area. The company’s primary markets include Long Island and New York City, with banking offices across Brooklyn, Queens, Manhattan, Nassau County and Suffolk County.