Insider Selling: Fifth District Bancorp (NASDAQ:FDSB) Director Sells $40,433.84 in Stock

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,692 shares of Fifth District Bancorp stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $15.02, for a total value of $40,433.84. Following the sale, the director directly owned 4,700 shares in the company, valued at approximately $70,594. The trade was a 36.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Fifth District Bancorp Stock Down 0.2%

Shares of NASDAQ FDSB opened at $15.13 on Friday. Fifth District Bancorp, Inc. has a 1 year low of $11.70 and a 1 year high of $15.64. The firm has a market cap of $79.58 million, a price-to-earnings ratio of 17.39 and a beta of 0.32. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.05. The stock’s 50-day simple moving average is $14.93 and its 200-day simple moving average is $14.64.

Fifth District Bancorp (NASDAQ:FDSB) last announced its earnings results on Tuesday, May 12th. The company reported $0.08 earnings per share (EPS) for the quarter. Fifth District Bancorp had a return on equity of 3.37% and a net margin of 16.35%.The business had revenue of $3.78 million for the quarter.

Institutional Trading of Fifth District Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the business. Susquehanna International Group LLP grew its stake in Fifth District Bancorp by 28.2% in the third quarter. Susquehanna International Group LLP now owns 13,149 shares of the company’s stock worth $182,000 after purchasing an additional 2,894 shares in the last quarter. Alliancebernstein L.P. grew its stake in Fifth District Bancorp by 56.0% in the third quarter. Alliancebernstein L.P. now owns 133,954 shares of the company’s stock worth $1,853,000 after purchasing an additional 48,103 shares in the last quarter. Renaissance Technologies LLC grew its stake in Fifth District Bancorp by 427.7% in the fourth quarter. Renaissance Technologies LLC now owns 63,321 shares of the company’s stock worth $950,000 after purchasing an additional 51,321 shares in the last quarter. Marshall Wace LLP acquired a new position in Fifth District Bancorp in the fourth quarter worth about $151,000. Finally, Mangrove Partners IM LLC grew its stake in Fifth District Bancorp by 2.1% in the third quarter. Mangrove Partners IM LLC now owns 142,330 shares of the company’s stock worth $1,968,000 after purchasing an additional 2,925 shares in the last quarter.

About Fifth District Bancorp

Fifth District Bancorp is a bank holding company headquartered in Vienna, Virginia. Through its principal subsidiary, Fifth District Bank, the company offers a full suite of commercial and retail banking services designed to meet the needs of individuals, small businesses and middle-market enterprises. Operating under a national bank charter, Fifth District Bancorp focuses on relationship-driven service, providing its clients with personalized financial solutions and responsive customer support.

The bank’s core business activities include deposit-taking, commercial and industrial lending, mortgage banking, and wealth management.