Insider Selling: 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 Fidelity D & D Bancorp stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $53.00, for a total transaction of $26,500.00. Following the completion of the sale, the chief executive officer now owns 54,882 shares of the company’s stock, valued at $2,908,746. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fidelity D & D Bancorp Stock Performance

Shares of FDBC stock opened at $48.60 on Thursday. The company has a 50 day moving average price of $50.34 and a 200-day moving average price of $47.68. Fidelity D & D Bancorp, Inc. has a 52 week low of $41.10 and a 52 week high of $60.85. The firm has a market capitalization of $278.96 million, a PE ratio of 17.17 and a beta of 0.60. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.04.

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

Fidelity D & D Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $1.52 annualized dividend and a yield of 3.13%. Fidelity D & D Bancorp’s dividend payout ratio (DPR) is 53.71%.

Institutional Trading of Fidelity D & D Bancorp

Large investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its position in Fidelity D & D Bancorp by 59.2% during the second quarter. Commonwealth Equity Services LLC now owns 31,035 shares of the financial services provider’s stock valued at $1,359,000 after buying an additional 11,540 shares during the period. Vanguard Group Inc. grew its position in Fidelity D & D Bancorp by 1.9% during the first quarter. Vanguard Group Inc. now owns 227,459 shares of the financial services provider’s stock valued at $11,016,000 after buying an additional 4,163 shares during the period. Bank of New York Mellon Corp grew its position in Fidelity D & D Bancorp by 6.0% during the second quarter. Bank of New York Mellon Corp now owns 32,501 shares of the financial services provider’s stock valued at $1,424,000 after buying an additional 1,830 shares during the period. BNP Paribas Financial Markets grew its position 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 valued at $112,000 after buying an additional 925 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of 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 worth $425,000 after purchasing an additional 900 shares during the period. 20.05% of the stock is currently owned by institutional investors.

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.