Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) CEO Sells $26,500.00 in Stock

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) CEO Daniel J. Santaniello sold 500 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $53.00, for a total transaction of $26,500.00. Following the completion of the transaction, the chief executive officer now owns 54,882 shares in the company, valued at $2,908,746. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Fidelity D & D Bancorp Price Performance

NASDAQ:FDBC traded down $1.45 during mid-day trading on Monday, hitting $49.90. 14,974 shares of the company’s stock traded hands, compared to its average volume of 7,034. Fidelity D & D Bancorp, Inc. has a 1 year low of $41.10 and a 1 year high of $60.85. The company has a market cap of $286.23 million, a PE ratio of 18.14 and a beta of 0.60. The firm’s 50 day simple moving average is $50.59 and its 200 day simple moving average is $47.69. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.79 and a current ratio of 0.79.

Fidelity D & D Bancorp (NASDAQ:FDBC) last posted its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $0.86 earnings per share for the quarter. Fidelity D & D Bancorp had a net margin of 14.14% and a return on equity of 11.27%. The business had revenue of $19.73 million during the quarter.

Fidelity D & D Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.05%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is presently 53.71%.

Hedge Funds Weigh In On Fidelity D & D Bancorp

Several institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets increased its holdings in Fidelity D & D Bancorp by 67.0% during the first quarter. BNP Paribas Financial Markets now owns 2,305 shares of the financial services provider’s stock worth $112,000 after buying an additional 925 shares during the last quarter. Rhumbline Advisers raised its position in shares of Fidelity D & D Bancorp by 3.6% in the 2nd quarter. Rhumbline Advisers now owns 7,465 shares of the financial services provider’s stock valued at $327,000 after buying an additional 259 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Fidelity D & D Bancorp by 10.2% in the second quarter. Renaissance Technologies LLC now owns 9,700 shares of the financial services provider’s stock valued at $425,000 after buying an additional 900 shares in the last quarter. Lewis Asset Management LLC lifted its stake in shares of Fidelity D & D Bancorp by 14.9% in the first quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after acquiring an additional 1,516 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of Fidelity D & D Bancorp by 59.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock worth $1,359,000 after buying an additional 11,540 shares during the period. Institutional investors own 20.05% of the company’s stock.

About Fidelity D & D Bancorp

Fidelity D & D Bancorp, Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers. The company accepts savings, club, interest-bearing and non-interest-bearing checking, money market, and short- and long-term time deposits, as well as certificates of deposit.