In a filing, Dime Community Bancshares Inc revealed its Director-by-Deputization BASSWOOD CAPITAL MANAGEMENT, L acquired Company’s shares for reported $1.1 million on Jun 09 ’25. In the deal valued at $27.21 per share,40,500 shares were bought. As a result of this transaction, BASSWOOD CAPITAL MANAGEMENT, L now holds 1,043,158 shares worth roughly $28.92 million.
Then, BASSWOOD CAPITAL MANAGEMENT, L sold 40,500 shares, generating $1,101,600 in total proceeds. Upon selling the shares at $27.20, the Director-by-Deputization now owns 7,389 shares.
Before that, BASSWOOD CAPITAL MANAGEMENT, L bought 33,048 shares. Dime Community Bancshares Inc shares valued at $890,644 were divested by the Director at a price of $26.95 per share.
Piper Sandler upgraded its Dime Community Bancshares Inc [DCOM] rating to an Overweight from a a Neutral in a research note published on January 23, 2025; the price target was increased to $38 from $36. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid November from “an Equal-weight” to “an Overweight”. Raymond James also remained covering DCOM and has increased its forecast on September 17, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating. Piper Sandler revised its rating on July 23, 2024. It rated DCOM as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of DCOM
On Tuesday, Dime Community Bancshares Inc [NASDAQ:DCOM] saw its stock jump 2.90% to $27.72. Over the last five days, the stock has gained 2.10%. Dime Community Bancshares Inc shares have risen nearly 38.39% since the year began. Nevertheless, the stocks have fallen -9.81% over the past one year. While a 52-week high of $37.60 was reached on 02/06/25, a 52-week low of $19.37 was recorded on 04/11/25.
Levels Of Support And Resistance For DCOM Stock
The 24-hour chart illustrates a support level at 26.86, which if violated will result in even more drops to 25.99. On the upside, there is a resistance level at 28.44. A further resistance level may holdings at 29.16.
How much short interest is there in Dime Community Bancshares Inc?
A steep rise in short interest was recorded in Dime Community Bancshares Inc stocks on 2025-06-13, growing by 0.1 million shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.08 million shares. There was a rise of 4.6%, which implies that there is a positive sentiment for the stock.
