On September 11, 2024, Director Alan Silverman sold 2,000 shares of Fidelity D & D Bancorp Inc (FDBC, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 19,049.419 shares of the company.
Fidelity D & D Bancorp Inc operates as the bank holding company for The Fidelity Deposit and Discount Bank, which provides a range of banking, financial, and trust services to individuals, small businesses, and corporate customers primarily in Lackawanna and Luzerne Counties, Pennsylvania.
The transaction occurred with the stock priced at $51.5 per share, giving Fidelity D & D Bancorp Inc a market cap of approximately $289.663 million. This valuation reflects a price-earnings ratio of 18.36, which is above both the industry median of 10.17 and the company's historical median.
According to the GF Value, the stock is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.3. The GF Value of $39.73 suggests a premium compared to the current trading price.
Over the past year, insider activity at Fidelity D & D Bancorp Inc has included 6 insider buys and 7 insider sells. The insider, Alan Silverman, has sold a total of 2,000 shares and purchased 0 shares during this period.
The insider's recent sale could be of interest to investors tracking insider behaviors and the valuation metrics of Fidelity D & D Bancorp Inc, particularly in light of its current market performance and valuation indicators.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
