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Insider Trends: 90-Day Insider Selling Trend Scaled Back with Acquisition of Shares of Dime Community Bancorp

· 02/05/2021 18:00

10:52 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, BASSWOOD CAPITAL MANAGEMENT, L.L.C., 10% Owner and Director, bought 21,542 shares in Dime Community Bancorp (DCOM) for $560,523. After the Form 4 filing with the SEC, BASSWOOD CAPITAL MANAGEMENT, L.L.C. indirectly controls 2,821,044 shares of company stock, which has a market value of $77.2 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 66 insider transactions reported to the SEC for Dime Community Bancorp. These transactions came from the activities of 26 individual insiders that resulted in a net disposition of 2,138,497 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 1 insider which resulted in the disposition of 128 shares.

This is lower than the average level of insider transactions in the 212-company Corporate Banks peer group over the last 90-day period. Activity in the peer group averaged 104.0 transactions per company, and disposition of 1,169 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/846617/000156761921002356/xslF345X03/doc1.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.