Today, the Senior EVP and COO of Dime Community Bancshares (NASDAQ: DCOM), Robert Volino, bought shares of DCOM for $6,817.
Following Robert Volino’s last DCOM Buy transaction on February 16, 2016, the stock climbed by 2.4%. In addition to Robert Volino, 2 other DCOM executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Dime Community Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $56.24 million and quarterly net profit of $12.28 million. In comparison, last year the company earned revenue of $54.17 million and had a net profit of $11.95 million. DCOM’s market cap is $680.4M and the company has a P/E ratio of 12.23. Currently, Dime Community Bancshares has an average volume of 289.5K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.00, reflecting a -9.5% downside. Four different firms, including Barclays and Piper Jaffray, currently also have a Buy rating on the stock.
The insider sentiment on Dime Community Bancshares has been positive according to 63 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dime Community Bancshares, Inc. is a bank holding company for Dime Community Bank, which provides financial services and loans for housing within its market areas; as well as loans to mid-size and small businesses. It also provides commercial banking, business banking, and commercial lending services to its customers.
