Dime Community Bancshares (NASDAQ:DCOM) CTO Michael Fegan Sells 2,355 Shares of Stock

Posted by Stanley Muller on Oct 29th, 2026

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) CTO Michael Fegan sold 2,355 shares of the stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of $41.81, for a total transaction of $98,462.55. Following the sale, the chief technology officer owned 25,618 shares of the company’s stock, valued at approximately $1,071,088.58. This trade represents a 8.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Dime Community Bancshares Price Performance

Shares of NASDAQ DCOM opened at $41.87 on Thursday. The company has a market capitalization of $1.85 billion, a PE ratio of 17.74 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, Inc. has a twelve month low of $25.63 and a twelve month high of $43.38. The firm has a fifty day simple moving average of $40.23 and a 200 day simple moving average of $37.37.

Dime Community Bancshares (NASDAQ:DCOM – Get Free Report) last issued its quarterly 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 net margin of 15.15% and a return on equity of 9.12%. The business had revenue of $135.35 million for the quarter, compared to analysts’ expectations of $131.16 million. During the same quarter in the prior year, the firm posted $0.59 earnings per share. On average, sell-side analysts forecast that Dime Community Bancshares, Inc. will post 3.06 EPS for the current year.

Dime Community Bancshares Dividend Announcement

The firm also recently disclosed 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 of this dividend was Friday, October 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. Dime Community Bancshares’s dividend payout ratio (DPR) is 32.47%.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on DCOM

Institutional Investors Weigh In On Dime Community Bancshares

Hedge funds and other institutional investors have recently made changes to their positions in the business. Nykredit A S bought a new position in shares of Dime Community Bancshares in the second quarter valued at approximately $35,000. USA Financial Formulas purchased a new position in shares of Dime Community Bancshares during the third quarter valued at approximately $73,000. Odyssean LLC bought a new stake in Dime Community Bancshares during the second quarter worth $203,000. HighTower Advisors LLC bought a new stake in Dime Community Bancshares during the second quarter worth $211,000. Finally, Maryland State Retirement & Pension System bought a new stake in Dime Community Bancshares during the first quarter worth $202,000. 75.27% of the stock is owned by institutional investors.

Trending Headlines about Dime Community Bancshares

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

Positive Sentiment: Dime Community Bancshares reported quarterly earnings of $0.91 per share, exceeding the $0.86 analyst consensus, while revenue of $135.35 million also surpassed expectations. Earnings increased from $0.59 per share in the year-earlier quarter.
Positive Sentiment: Analysts remain constructive: Piper Sandler raised its price target to $47, Keefe, Bruyette & Woods increased its target to $49, and DA Davidson set a $50 target. The consensus rating is “Moderate Buy,” with an average target of $45.50.
Positive Sentiment: The company’s quarterly dividend remains $0.25 per share, equivalent to a $1.00 annualized payout and an approximately 2.4% yield.
Neutral Sentiment: DCOM is trading near its 52-week high and above its 50-day and 200-day moving averages, indicating strong recent momentum but also potentially increasing profit-taking risk.
Negative Sentiment: Basswood Capital Management sold 90,000 shares for approximately $3.84 million on October 23 and another 16,159 shares for approximately $695,645 on October 26. The transactions reduced its reported position by roughly 94% and 75%, respectively, and represent the most significant near-term insider-selling signal. SEC insider transaction filing
Negative Sentiment: Other reported sales included 887 shares by EVP Judy Wu, 2,355 shares by CTO Michael Fegan, and 3,000 shares by Director Joseph Perry. While individual insider sales do not necessarily signal deteriorating fundamentals, the cluster of transactions may weigh on investor sentiment.

Dime Community Bancshares Company Profile

(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.