Fifth District Bancorp (NASDAQ:FDSB) Director Sells 2,223 Shares of Company Stock

Fifth District Bancorp, Inc. (NASDAQ:FDSB) Director Linda Sins sold 2,223 shares of the business’s stock in a transaction dated Thursday, November 12th. The shares were sold at an average price of $17.55, for a total transaction of $39,013.65. Following the transaction, the director directly owned 8,895 shares in the company, valued at approximately $156,107.25. The trade was a 19.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Fifth District Bancorp Trading Up 0.4%

Shares of FDSB stock traded up $0.08 during trading on Friday, hitting $17.63. 1,688 shares of the stock traded hands, compared to its average volume of 7,503. The firm has a market capitalization of $91.66 million, a P/E ratio of 51.84 and a beta of 0.24. Fifth District Bancorp, Inc. has a 52-week low of $13.00 and a 52-week high of $18.69. The firm’s fifty day moving average price is $17.69 and its 200-day moving average price is $16.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.06 and a quick ratio of 1.06.

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

Analyst Upgrades and Downgrades

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

Institutional Trading of Fifth District Bancorp

Hedge funds have recently modified their holdings of the stock. Waverly Advisors LLC purchased a new stake in Fifth District Bancorp during the 2nd quarter worth about $856,000. BlackRock Inc. purchased a new position in shares of Fifth District Bancorp in the 2nd quarter valued at $519,000. Finally, Beacon Pointe Advisors LLC purchased a new position in shares of Fifth District Bancorp during the second quarter worth about $162,000.

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.