DCOM Director Management Sells $3.8M of Stock
Key Points
- Basswood Capital Management, acting as a Director, sold 90,000 shares at $42.68 each, totaling about $3.84 million.
- After the sale, Basswood Capital Management holds 384,776 shares, reducing its stake by about 18.96%.
- Dime Commercial Bancshares recently traded around $42.46, slightly below its 52-week high of $43.38.
Since the trade, $DCOM is up 0.5% to date (from the $42.73 close on Oct 23, 2026).
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On October 23, 2026, Basswood Capital Management sold 90,000 shares of Dime Commercial Bancshares, Inc. (DCOM) for about $3.84 million. This transaction is reported in a Form 4 filing with the SEC.
Basswood Capital Management's sale reduced its ownership by approximately 18.96%, leaving it with 384,776 shares after the trade. The shares were sold at a price of $42.68 each.
DCOM
Dime Commercial Bancshares, Inc.
L.L.C. Basswood Capital Management vs. the S&P 500
Hypothetical returns from L.L.C. Basswood Capital Management's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Dime Commercial Bancshares
Basswood Capital Management, L.L.C. also has a significant position in Dime Commercial Bancshares, holding 1,946,016 shares valued at about $82.7 million, though it reduced its holdings by 75,189 shares, a 3.7% decrease. Systematic Financial Management, L.P. owns 1,188,704 shares, down by 21,789 shares or 1.8%. In contrast, American Century Companies Inc increased its stake by 451,057 shares, totaling 1,049,275 shares valued at approximately $44.6 million.
Dime Commercial Bancshares, Inc. Stock Down 1.1%
As of October 28, 2026, shares of Dime Commercial Bancshares traded around $42.46, which is above its 50-day moving average of $40.16 and its 200-day average of $37.30. However, the stock is still below its 52-week high of $43.38 by about 2.1%. The mean price target from analysts is $47.80, suggesting potential upside.
Recent Earnings
Dime Commercial Bancshares reported trailing twelve-month revenue of approximately $458.3 million, with a net margin of 31.2% and a return on equity of 9.6%. The next earnings report is expected on January 20, 2027.
Insider Buying and Selling at Dime Commercial Bancshares, Inc.
L.L.C. Basswood Capital Management has been active in trading Dime Commercial Bancshares shares. Earlier in 2026, it sold 32,751 shares on June 18 at $39.02, and 84,616 shares on August 3. Director Raymond A Nielsen also sold 1,800 shares on August 6 at $41.73.
Analysts Set New Price Targets
On October 21, 2026, Keefe, Bruyette & Woods maintained an "Outperform" rating with a price target of $49.00, up from $47.00. Piper Sandler reiterated an "Overweight" rating with a target of $47.00, increased from $45.00. The consensus rating for Dime Commercial Bancshares is a "buy" based on five analyst opinions.
About Dime Commercial Bancshares
Dime Commercial Bancshares operates as the holding company for Dime Community Bank, providing various commercial banking services across the United States. With a market cap of about $1.88 billion, the bank focuses on serving businesses and consumers in its local markets.
Bottom Line
Investors should monitor the upcoming earnings report on January 20, 2027, and watch for any further insider trading activity from Basswood Capital Management. This recent sale may indicate a shift in the management's outlook on the company's future performance.
Related Filing Alerts
Source: L.L.C. Basswood Capital Management's Form 4 filing on $DCOM (Oct 23, 2026). Written by software, not financial advice. How we make alerts