Fidelity D&D Bancorp Inc. (NASDAQ:FDBC) Chairman Purchases $12,430.44 in Stock

Fidelity D&D Bancorp Inc. (NASDAQ:FDBC - Get Free Report) Chairman Brian J. Cali bought 292 shares of the business's stock in a transaction on Thursday, July 3rd. The stock was purchased at an average price of $42.57 per share, with a total value of $12,430.44. Following the completion of the transaction, the chairman directly owned 412,576 shares of the company's stock, valued at $17,563,360.32. This trade represents a 0.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Fidelity D&D Bancorp Price Performance

Shares of NASDAQ FDBC traded up $1.23 during trading on Friday, hitting $48.58. The company had a trading volume of 1,814 shares, compared to its average volume of 8,340. The company has a market cap of $280.31 million, a P/E ratio of 12.92 and a beta of 0.97. Fidelity D&D Bancorp Inc. has a 52 week low of $37.00 and a 52 week high of $61.21. The business's 50-day moving average is $42.07 and its 200 day moving average is $43.15. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.81 and a current ratio of 0.81.

Fidelity D&D Bancorp (NASDAQ:FDBC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $1.03 earnings per share (EPS) for the quarter. The company had revenue of $22.01 million for the quarter. Fidelity D&D Bancorp had a return on equity of 10.62% and a net margin of 16.83%.

Fidelity D&D Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Tuesday, May 20th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.29%. The ex-dividend date was Tuesday, May 20th. Fidelity D&D Bancorp's dividend payout ratio (DPR) is currently 42.55%.

Institutional Trading of Fidelity D&D Bancorp

Several large investors have recently added to or reduced their stakes in FDBC. Tower Research Capital LLC TRC raised its stake in Fidelity D&D Bancorp by 62.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 639 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 245 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Fidelity D&D Bancorp in the first quarter worth $90,000. Wells Fargo & Company MN increased its stake in shares of Fidelity D&D Bancorp by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,790 shares of the financial services provider's stock worth $136,000 after acquiring an additional 607 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Fidelity D&D Bancorp in the first quarter worth $259,000. Finally, Bank of America Corp DE increased its stake in shares of Fidelity D&D Bancorp by 16.5% in the fourth quarter. Bank of America Corp DE now owns 6,314 shares of the financial services provider's stock worth $308,000 after acquiring an additional 893 shares during the last quarter. 20.05% of the stock is owned by institutional investors and hedge funds.

Fidelity D&D Bancorp Company Profile

Fidelity D&D Bancorp, Inc is a holding company, which engages in the provision of commercial banking services. It operates through the following segments: Commercial and Industrial, Commercial Real Estate, Consumer, and Residential Real Estate. The Commercial and Industrial segment refers to identified historic and/or the projected cash flows of the borrower and secondarily to the underlying collateral provided by the borrower.