Linda Sins Sells 2,692 Shares of Fifth District Bancorp (NASDAQ:FDSB) Stock

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

Fifth District Bancorp Trading Down 0.2%

Shares of Fifth District Bancorp stock opened at $15.13 on Friday. The company has a market capitalization of $79.58 million, a price-to-earnings ratio of 17.39 and a beta of 0.32. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.04. Fifth District Bancorp, Inc. has a 12-month low of $11.70 and a 12-month high of $15.64. The firm’s 50-day moving average price is $14.93 and its two-hundred day moving average price is $14.64.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP bought a new position in shares of Fifth District Bancorp in the fourth quarter worth about $151,000. Renaissance Technologies LLC lifted its holdings in shares of 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 acquiring an additional 51,321 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in shares of 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 acquiring an additional 2,894 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of 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 acquiring an additional 48,103 shares during the last quarter. Finally, Mangrove Partners IM LLC lifted its holdings in shares of 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 acquiring an additional 2,925 shares during 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.