Fidelity D & D Bancorp (NASDAQ:FDBC) Share Price Passes Below Two Hundred Day Moving Average of $49.97

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $49.97 and traded as low as $47.30. Fidelity D & D Bancorp shares last traded at $47.36, with a volume of 4,485 shares traded.

Fidelity D & D Bancorp Stock Performance

The company has a market cap of $275.16 million, a price-to-earnings ratio of 16.74 and a beta of 0.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a fifty day simple moving average of $47.43 and a 200 day simple moving average of $49.97.

Fidelity D & D Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Monday, May 20th will be paid a $0.38 dividend. The ex-dividend date is Friday, May 17th. This represents a $1.52 dividend on an annualized basis and a yield of 3.21%. Fidelity D & D Bancorp’s payout ratio is presently 53.71%.

Insiders Place Their Bets

In other news, COO Eugene J. Walsh sold 545 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $49.47, for a total value of $26,961.15. Following the sale, the chief operating officer now directly owns 13,735 shares of the company’s stock, valued at $679,470.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, COO Eugene J. Walsh sold 545 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $49.47, for a total transaction of $26,961.15. Following the completion of the transaction, the chief operating officer now directly owns 13,735 shares in the company, valued at $679,470.45. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Brian J. Cali acquired 1,250 shares of the stock in a transaction dated Tuesday, February 20th. The stock was bought at an average price of $46.96 per share, for a total transaction of $58,700.00. Following the purchase, the chairman now owns 390,709 shares of the company’s stock, valued at approximately $18,347,694.64. The disclosure for this purchase can be found here. Insiders sold a total of 1,486 shares of company stock valued at $73,067 in the last quarter. Insiders own 17.68% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FDBC. Fidelity D & D Bancorp Inc. bought a new position in Fidelity D & D Bancorp during the third quarter valued at about $4,923,000. Lewis Asset Management LLC grew its holdings in shares of Fidelity D & D Bancorp by 14.9% during the 1st quarter. Lewis Asset Management LLC now owns 11,696 shares of the financial services provider’s stock worth $566,000 after purchasing an additional 1,516 shares in the last quarter. Alliance Wealth Advisors LLC acquired a new stake in shares of Fidelity D & D Bancorp during the 4th quarter worth approximately $245,000. Vicus Capital bought a new stake in shares of Fidelity D & D Bancorp during the fourth quarter valued at approximately $232,000. Finally, SG Americas Securities LLC acquired a new position in shares of Fidelity D & D Bancorp in the fourth quarter valued at $149,000. Institutional investors and hedge funds own 20.05% of the company’s stock.

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.