On December 9, 2024, Michael Fegan, the Chief Technology & Operations Officer of Dime Community Bank, a subsidiary of Dime Community Bancshares Inc (DCOM, Financial), sold 2,000 shares of the company. Following this transaction, the insider now owns 20,155 shares of the company. The transaction details can be found in the SEC Filing.
Dime Community Bancshares Inc is a financial holding company that provides a range of financial services through its subsidiary, Dime Community Bank. The bank offers commercial banking, business banking, and personal banking services, including loans, deposits, and cash management services.
Over the past year, Michael Fegan has sold a total of 2,000 shares and has not purchased any shares. The insider transaction history for Dime Community Bancshares Inc indicates that there have been two insider buys and two insider sells over the same period.
As of the date of the recent sale, shares of Dime Community Bancshares Inc were trading at $35.76, giving the stock a market cap of $1.551 billion. The company's price-earnings ratio stands at 23.71, which is higher than the industry median of 10.835 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $35.76 and a GuruFocus Value of $23.26, Dime Community Bancshares Inc has a price-to-GF-Value ratio of 1.54, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
