Dime Community Bancshares (NASDAQ:DCOM) Director Basswood Capital Management, L Sells 5,160 Shares of Company Stock

Posted by Wayne Rhoads on Oct 30th, 2026

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) Director Basswood Capital Management, L sold 5,160 shares of the business’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $42.02, for a total value of $216,823.20. Following the completion of the transaction, the director owned 5,148 shares in the company, valued at $216,318.96. This trade represents a 50.06% 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 Thursday, October 29th, Basswood Capital Management, L sold 2,631 shares of Dime Community Bancshares stock. The stock was sold at an average price of $42.38, for a total value of $111,501.78.
On Tuesday, October 27th, Basswood Capital Management, L sold 23,538 shares of Dime Community Bancshares stock. The stock was 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 stock was 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 shares were 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 shares were sold at an average price of $40.59, for a total value of $352,077.66.
On Monday, August 3rd, Basswood Capital Management, L sold 20,687 shares of Dime Community Bancshares stock. The stock was sold at an average price of $41.17, for a total value of $851,683.79.
On Friday, July 31st, Basswood Capital Management, L sold 53,000 shares of Dime Community Bancshares stock. The shares were sold at an average price of $40.76, for a total transaction of $2,160,280.00.

Dime Community Bancshares Price Performance

Shares of DCOM opened at $42.30 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $1.87 billion, a PE ratio of 17.92 and a beta of 1.01. The firm’s 50 day moving average price is $40.28 and its 200 day moving average price is $37.43. Dime Community Bancshares, Inc. has a twelve month low of $25.63 and a twelve month high of $43.38.

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

Dime Community Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 16th were issued a $0.25 dividend. The ex-dividend date was Friday, October 16th. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. Dime Community Bancshares’s dividend payout ratio is currently 32.47%.

Dime Community Bancshares News Summary

Here are the key news stories impacting Dime Community Bancshares this week:

Positive Sentiment: The company declared a quarterly cash dividend of $0.34375 per share on its 5.50% Series A preferred stock, payable November 16 to shareholders of record November 9. The announcement supports income-focused investor interest, although it applies to preferred rather than common shares. Preferred stock dividend announcement
Positive Sentiment: Recent quarterly results provide a fundamental tailwind: DCOM reported earnings of $0.91 per share versus the $0.86 consensus estimate, while revenue of $135.35 million exceeded expectations. Earnings also increased from $0.59 per share a year earlier.
Positive Sentiment: Analyst sentiment remains favorable. Piper Sandler, Keefe, Bruyette & Woods, and DA Davidson raised or established price targets ranging from $47 to $50. The consensus rating is “Moderate Buy,” with an average target of $45.50.
Neutral Sentiment: DCOM’s common stock remains above its 50-day and 200-day moving averages and close to its 52-week high, reflecting strong momentum but leaving the shares vulnerable to profit-taking.
Negative Sentiment: Basswood Capital Management, a director-level holder, sold an additional 2,631 shares for approximately $111,500 on October 29, following sales of 5,160 shares on October 28 and 23,538 shares on October 27. These transactions left Basswood with only about 5,133 shares.
Negative Sentiment: The latest activity adds to Basswood’s large disposals of 90,000 shares on October 23 and 16,159 shares on October 26. The sharp reduction in a major holder’s position may weigh on sentiment and signal profit-taking after the stock’s rally. SEC insider transaction filing
Negative Sentiment: EVP Judy Wu also sold 887 shares, while CTO Michael Fegan and Director Joseph Perry previously reported sales. The cluster of insider transactions is the primary near-term negative catalyst, despite the company’s solid earnings and dividend profile.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on Dime Community Bancshares

Institutional Investors Weigh In On Dime Community Bancshares

Large investors have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. grew its holdings in Dime Community Bancshares by 2.5% during the second quarter. Benjamin Edwards Inc. now owns 17,519 shares of the savings and loans company’s stock valued at $712,000 after purchasing an additional 423 shares during the last quarter. Illinois Municipal Retirement Fund raised its position in shares of Dime Community Bancshares by 3.3% in the first quarter. Illinois Municipal Retirement Fund now owns 21,219 shares of the savings and loans company’s stock valued at $718,000 after purchasing an additional 683 shares during the period. Nykredit A S acquired a new stake in shares of Dime Community Bancshares in the second quarter worth $35,000. Royal Bank of Canada lifted its stake in shares of Dime Community Bancshares by 11.7% in the first quarter. Royal Bank of Canada now owns 9,311 shares of the savings and loans company’s stock worth $315,000 after buying an additional 979 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of Dime Community Bancshares by 3.3% in the first quarter. Kestra Advisory Services LLC now owns 40,059 shares of the savings and loans company’s stock worth $1,355,000 after buying an additional 1,296 shares during the last quarter. Institutional investors own 75.27% of the company’s stock.

About Dime Community Bancshares

(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.

Dime Community Bank provides commercial and residential real estate lending, commercial and industrial loans, construction financing, residential mortgages and consumer loans.