Dime Community Bancshares (NASDAQ:DCOM) Stock: Insider Basswood Capital Management, L Sells 23,538 Shares

Posted by Francis Steltz on Oct 29th, 2026

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) Director Basswood Capital Management, L sold 23,538 shares of the business’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $42.51, for a total value of $1,000,600.38. Following the sale, the director owned 5,177 shares of the company’s stock, valued at approximately $220,074.27. This represents a 81.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $42.38, for a total transaction of $111,501.78.
On Wednesday, October 28th, Basswood Capital Management, L sold 5,160 shares of Dime Community Bancshares stock. The shares were sold at an average price of $42.02, for a total value of $216,823.20.
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 transaction 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 transaction of $3,841,200.00.
On Thursday, August 13th, Basswood Capital Management, L sold 7,170 shares of Dime Community Bancshares stock. The stock was 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 shares were 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 Stock Performance

Dime Community Bancshares stock traded up $0.44 during trading on Thursday, hitting $42.30. The stock had a trading volume of 260,501 shares, compared to its average volume of 318,585. The stock’s 50 day moving average is $40.23 and its two-hundred day moving average is $37.37. Dime Community Bancshares, Inc. has a 1 year low of $25.63 and a 1 year high of $43.38. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 17.92 and a beta of 1.01. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.57.

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

Dime Community Bancshares Announces Dividend

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

More Dime Community Bancshares News

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

Positive Sentiment: Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A. The dividend is payable November 16 to shareholders of record on November 9, providing continued income support for preferred investors. Preferred stock dividend announcement
Positive Sentiment: The company’s latest quarterly results remain a supportive backdrop: earnings of $0.91 per share exceeded the $0.86 consensus estimate, while revenue of $135.35 million also topped expectations. Earnings rose from $0.59 per share in the year-earlier quarter.
Positive Sentiment: Analysts remain constructive following the earnings report. Piper Sandler raised its price target to $47, Keefe, Bruyette & Woods lifted its target to $49, and DA Davidson set a $50 target. The consensus rating is “Moderate Buy,” with an average price target of $45.50.
Neutral Sentiment: DCOM is trading near its 52-week high and above its 50-day and 200-day moving averages, signaling strong momentum but also leaving the stock more exposed to profit-taking.
Negative Sentiment: EVP Judy Wu sold 887 shares for approximately $37,547, reducing her direct ownership by 18.6%. CTO Michael Fegan and Director Joseph Perry also reported share sales. Individual insider sales can reflect personal financial decisions, but the recent cluster may weigh on sentiment. DCOM insider selling report
Negative Sentiment: Basswood Capital Management sold 90,000 shares for about $3.84 million on October 23 and another 16,159 shares for about $696,000 on October 26, reducing its reported position by more than 90% overall. The sizable institutional selling is the main near-term negative signal for DCOM.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on DCOM

Institutional Trading of Dime Community Bancshares

Hedge funds have recently bought and sold shares of the company. Nykredit A S bought a new stake in Dime Community Bancshares in the second quarter worth $35,000. USA Financial Formulas purchased a new position in shares of Dime Community Bancshares in the third quarter worth about $73,000. Odyssean LLC bought a new stake in shares of Dime Community Bancshares in the 2nd quarter valued at about $203,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Dime Community Bancshares during the 3rd quarter valued at about $201,000. Finally, HighTower Advisors LLC purchased a new stake in Dime Community Bancshares during the 2nd quarter valued at about $211,000. 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.