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

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

Fifth District Bancorp Stock Performance

FDSB stock opened at $15.16 on Friday. The business’s 50-day moving average price is $14.93 and its two-hundred day moving average price is $14.64. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.04. The firm has a market cap of $79.74 million, a PE ratio of 17.43 and a beta of 0.32. Fifth District Bancorp, Inc. has a 1-year low of $11.70 and a 1-year high of $15.64.

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

Institutional Trading of Fifth District Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of FDSB. Marshall Wace LLP acquired a new position in shares of Fifth District Bancorp during the fourth quarter worth about $151,000. Susquehanna International Group LLP grew its holdings in shares of Fifth District Bancorp by 28.2% during the third 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 in the last quarter. Arcus Capital Partners LLC raised its position 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. Renaissance Technologies LLC lifted its stake 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 acquiring an additional 51,321 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake 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 in the last quarter.

Analyst Ratings Changes

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

About Fifth District Bancorp

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.