Fifth District Bancorp (NASDAQ:FDSB) Stock: Insider Linda Sins Sells 2,223 Shares

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,223 shares of the firm’s stock in a transaction that occurred on Thursday, November 12th. The shares were sold at an average price of $17.55, for a total value of $39,013.65. Following the completion of the transaction, the director owned 8,895 shares in the company, valued at $156,107.25. This represents a 19.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Fifth District Bancorp Stock Up 0.9%

Shares of NASDAQ:FDSB traded up $0.15 during mid-day trading on Friday, hitting $17.70. 2,249 shares of the company traded hands, compared to its average volume of 2,755. The stock has a market cap of $92.06 million, a P/E ratio of 52.07 and a beta of 0.24. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.05. Fifth District Bancorp, Inc. has a 12-month low of $13.00 and a 12-month high of $18.69. The stock has a 50-day moving average price of $17.68 and a two-hundred day moving average price of $16.36.

Fifth District Bancorp (NASDAQ:FDSB) last announced its quarterly earnings results on Tuesday, November 10th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $4.00 million during the quarter. Fifth District Bancorp had a return on equity of 1.27% and a net margin of 6.83%.

Institutional Investors Weigh In On Fifth District Bancorp

A number of institutional investors have recently added to or reduced their stakes in the company. Beacon Pointe Advisors LLC bought a new position in shares of Fifth District Bancorp during the 2nd quarter worth approximately $162,000. BlackRock Inc. purchased a new position in shares of Fifth District Bancorp in the 2nd quarter worth approximately $519,000. Finally, Waverly Advisors LLC purchased a new position in shares of Fifth District Bancorp in the 2nd quarter worth approximately $856,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Fifth District Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.

About Fifth District Bancorp

Fifth District Bancorp, Inc. is the holding company for Fifth District Savings Bank, a community bank based in New Orleans, Louisiana. The bank traces its roots to 1926 and serves customers in the Greater New Orleans area. Fifth District Savings Bank offers deposit services, including checking, savings and certificate accounts, along with residential mortgage, commercial real estate, business and consumer lending. Its community banking model focuses on individuals, families and local businesses.