Dime Community Bancshares (NASDAQ:DCOM) Stock: Insider Basswood Capital Management, L Sells 2,631 Shares

Posted by George Bondi on Oct 31st, 2026

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) Director Basswood Capital Management, L sold 2,631 shares of the company’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $42.38, for a total transaction of $111,501.78. Following the sale, the director owned 5,133 shares of the company’s stock, valued at $217,536.54. This trade represents a 33.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Basswood Capital Management, L also recently made the following trade(s):

On Wednesday, October 28th, Basswood Capital Management, L sold 5,160 shares of Dime Community Bancshares stock. The stock was sold at an average price of $42.02, for a total value of $216,823.20.
On Tuesday, October 27th, Basswood Capital Management, L sold 23,538 shares of Dime Community Bancshares stock. The shares were 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 shares were 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 stock was 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 transaction of $296,838.00.
On Wednesday, August 12th, Basswood Capital Management, L sold 32,335 shares of Dime Community Bancshares stock. The stock was sold at an average price of $40.96, for a total transaction 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 transaction 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 value of $2,160,280.00.

Dime Community Bancshares Price Performance

Shares of DCOM stock opened at $41.73 on Friday. The company has a market capitalization of $1.84 billion, a P/E ratio of 17.68 and a beta of 1.01. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. Dime Community Bancshares, Inc. has a 12 month low of $25.63 and a 12 month high of $43.38. The stock has a 50 day moving average of $40.31 and a two-hundred day moving average of $37.49.

Dime Community Bancshares (NASDAQ:DCOM – Get Free Report) last issued its earnings results on Tuesday, October 20th. The savings and loans company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $135.35 million during the quarter, compared to analyst estimates of $131.16 million. During the same period in the prior year, the company posted $0.59 earnings per share. As a group, equities analysts expect that Dime Community Bancshares, Inc. will post 3.06 EPS for the current year.

Dime Community Bancshares Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DCOM. DA Davidson set a $50.00 target price on Dime Community Bancshares in a report on Thursday, October 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $47.00 price objective (up from $45.00) on shares of Dime Community Bancshares in a report on Wednesday, October 21st. Finally, Keefe, Bruyette & Woods increased their price target on Dime Community Bancshares from $47.00 to $49.00 and gave the stock an “outperform” rating in a research report 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 data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.50.

Check Out Our Latest Stock Analysis on Dime Community Bancshares

Key Dime Community Bancshares News

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

Positive Sentiment: DCOM recently reported quarterly earnings of $0.91 per share, above the $0.86 analyst consensus, while revenue of $135.35 million also exceeded expectations. Earnings improved from $0.59 per share in the year-earlier period.
Positive Sentiment: Analyst sentiment remains favorable. Piper Sandler raised its 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.
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-oriented investor interest, although it applies to preferred shares rather than common stock. Preferred stock dividend announcement
Neutral Sentiment: DCOM remains above its 50-day and 200-day moving averages and close to its 52-week high. This signals strong momentum but may also increase the risk of profit-taking.
Negative Sentiment: Director Basswood Capital Management sold another 2,631 shares for approximately $111,500 on October 29, reducing its remaining position to 5,133 shares. This followed sales of 5,160 shares on October 28 and 23,538 shares on October 27.
Negative Sentiment: The broader Basswood disposal includes 90,000 shares sold October 23 and 16,159 shares sold October 26, along with additional August sales. The substantial reduction in a major holder’s position may signal profit-taking and is weighing on investor sentiment. Basswood Capital insider sales
Negative Sentiment: EVP Judy Wu separately sold 887 shares for approximately $37,547, leaving her with 3,882 shares. While individual insider sales do not necessarily indicate weakening fundamentals, the cluster of transactions creates a notable near-term overhang.

Institutional Trading of Dime Community Bancshares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DCOM. BlackRock Inc. acquired a new stake in shares of Dime Community Bancshares during the 2nd quarter worth approximately $251,937,000. Dimensional Fund Advisors LP lifted its stake in Dime Community Bancshares by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,353,786 shares of the savings and loans company’s stock valued at $79,602,000 after buying an additional 23,035 shares during the period. Basswood Capital Management L.L.C. bought a new position in Dime Community Bancshares during the second quarter worth about $79,106,000. The Manufacturers Life Insurance Company bought a new stake in shares of Dime Community Bancshares in the 2nd quarter valued at about $18,911,000. Finally, Bank of New York Mellon Corp bought a new position in Dime Community Bancshares during the 2nd quarter worth approximately $14,342,000. 75.27% of the stock is currently owned by institutional investors and hedge funds.

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.