The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dime Community Bancshares Inc shares valued at $1,102,005 were purchased by BASSWOOD CAPITAL MANAGEMENT, L on Jun 09 ’25. At $27.21 per share, BASSWOOD CAPITAL MANAGEMENT, L acquired 40,500 shares. The insider’s holdings grew to 1,043,158 shares worth approximately $29.51 million following the completion of this transaction.
Also, BASSWOOD CAPITAL MANAGEMENT, L sold 40,500 shares, netting a total of over 1,101,600 in proceeds. Following the sale of shares at $27.20 each, the insider now holds 7,389 shares.
Before that, BASSWOOD CAPITAL MANAGEMENT, L had added 33,048 shares to its account. In a trade valued at $890,644, the Director bought Dime Community Bancshares Inc shares for $26.95 each.
As published in a research note from Piper Sandler on January 23, 2025, Dime Community Bancshares Inc [DCOM] has been rated up from a Neutral to an Overweight and the price target has been revised to $38 from $36. Analysts at Stephens upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid November. As of September 17, 2024, Raymond James has increased its “an Outperform” rating to a “Strong buy” for DCOM. Earlier on July 23, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for DCOM stock which previously was a “an Overweight”.
Analyzing DCOM Stock Performance
On last trading session,, Dime Community Bancshares Inc [NASDAQ: DCOM] plunged -0.84% to $28.29. The stock’s lowest price that day was $28.2, but it reached a high of $29.51 in the same session. During the last five days, there has been a drop of approximately -1.94%. Over the course of the year, Dime Community Bancshares Inc shares have jumped approximately 18.62%. Shares of the company reached a 52-week high of $34.00 on 02/06/25 and a 52-week low of $23.25 on 04/11/25.
Support And Resistance Levels for Dime Community Bancshares Inc (DCOM)
According to the 24-hour chart, there is a support level at 27.81, which, if violated, would cause prices to drop to 27.34. In the upper region, resistance lies at 29.14. The next price resistance is at 30.00. RSI (Relative Strength Index) is 53.18 on the 14-day chart, showing neutral technical sentiment.
Is Dime Community Bancshares Inc subject to short interest?
Stocks of Dime Community Bancshares Inc saw a sharp rise in short interest on 2025-06-30 jumping by 61340.0 shares to 2.19 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 2.13 million shares. A jump of 2.8% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.55 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.55.
Which companies own the most shares of Dime Community Bancshares Inc (DCOM)?
In terms of Dime Community Bancshares Inc share price expectations, FactSet research, analysts set an average price target of 32.5 in the next 12 months, up nearly 13.92% from the previous closing price of $28.53. Analysts anticipate Dime Community Bancshares Inc stock to reach 32.5 by 2025, with the lowest price target being 32.5. In spite of this, 2 analysts ranked Dime Community Bancshares Inc stock as Strong Buy at the end of 2025. On January 11, 2023, Raymond James assigned a price target of “an Outperform” to the stock and resumed coverage with a $38.
