Fifth District Bancorp (NASDAQ:FDSB) Director Linda Sins Sells 2,692 Shares

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,692 shares of Fifth District Bancorp 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 transaction, the director 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 filing with the Securities & Exchange Commission, which is available through the SEC website.

Fifth District Bancorp Stock Performance

Shares of NASDAQ:FDSB remained flat at $15.08 during trading on Thursday. The stock had a trading volume of 2,381 shares, compared to its average volume of 7,296. The firm has a market cap of $79.32 million, a P/E ratio of 17.33 and a beta of 0.32. The firm has a 50 day simple moving average of $14.92 and a 200-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, Inc. has a fifty-two week low of $11.70 and a fifty-two week high of $15.64.

Fifth District Bancorp (NASDAQ:FDSB) last released its earnings results on Tuesday, May 12th. The company reported $0.08 EPS 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%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Fifth District Bancorp in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Marshall Wace LLP acquired a new position in shares of Fifth District Bancorp during the 4th quarter worth approximately $151,000. Susquehanna International Group LLP increased its position 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 purchasing an additional 2,894 shares during the last quarter. Arcus Capital Partners LLC increased its position in shares of Fifth District Bancorp by 42.0% during the 3rd quarter. Arcus Capital Partners LLC now owns 18,897 shares of the company’s stock worth $261,000 after purchasing an additional 5,593 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Fifth District Bancorp by 427.7% during the 4th quarter. Renaissance Technologies LLC now owns 63,321 shares of the company’s stock worth $950,000 after purchasing an additional 51,321 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Fifth District Bancorp by 56.0% during the 3rd quarter. Alliancebernstein L.P. now owns 133,954 shares of the company’s stock worth $1,853,000 after purchasing an additional 48,103 shares during the last quarter.

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.