1stdibs.Com, Inc. (NASDAQ:DIBS – Get Rating) CTO Ross A. Paul sold 8,328 shares of the stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of $5.96, for a total transaction of $49,634.88. Following the completion of the sale, the chief technology officer now owns 142,686 shares in the company, valued at $850,408.56. The transaction was disclosed in a filing with the SEC, which is available through this link.
1stdibs.Com Stock Up 4.8 %
Shares of DIBS opened at $7.02 on Thursday. The stock has a market capitalization of $270.92 million, a P/E ratio of -12.54 and a beta of 0.87. The firm has a fifty day simple moving average of $6.52 and a two-hundred day simple moving average of $6.84. 1stdibs.Com, Inc. has a twelve month low of $4.77 and a twelve month high of $19.00.
Get 1stdibs.Com alerts:1stdibs.Com (NASDAQ:DIBS – Get Rating) last posted its earnings results on Wednesday, August 10th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.02). The company had revenue of $24.58 million during the quarter, compared to analysts' expectations of $24.85 million. 1stdibs.Com had a negative return on equity of 19.67% and a negative net margin of 20.57%. The company's revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.44) earnings per share. Sell-side analysts expect that 1stdibs.Com, Inc. will post -0.72 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Barclays decreased their target price on 1stdibs.Com from $10.00 to $9.00 and set an "overweight" rating on the stock in a research note on Thursday, August 11th. JMP Securities cut 1stdibs.Com from an "outperform" rating to a "hold" rating and set a $9.00 price objective for the company. in a report on Wednesday, June 1st.Hedge Funds Weigh In On 1stdibs.Com
A number of hedge funds have recently bought and sold shares of the company. Philosophy Capital Management LLC purchased a new stake in 1stdibs.Com during the 1st quarter valued at $6,801,000. Harbert Fund Advisors Inc. boosted its position in shares of 1stdibs.Com by 143.1% during the second quarter. Harbert Fund Advisors Inc. now owns 969,959 shares of the company's stock valued at $5,519,000 after buying an additional 570,920 shares during the last quarter. BlackRock Inc. grew its stake in shares of 1stdibs.Com by 141.7% in the first quarter. BlackRock Inc. now owns 877,698 shares of the company's stock worth $7,013,000 after acquiring an additional 514,489 shares during the period. Greenhaven Road Investment Management L.P. bought a new stake in 1stdibs.Com in the 4th quarter worth approximately $5,839,000. Finally, Vanguard Group Inc. lifted its holdings in shares of 1stdibs.Com by 155.6% during the 1st quarter. Vanguard Group Inc. now owns 726,244 shares of the company's stock valued at $5,802,000 after buying an additional 442,072 shares during the period. Institutional investors own 51.00% of the company's stock.
About 1stdibs.Com
(Get Rating)
1stdibs.Com, Inc operates an online marketplace for vintage, antique, and contemporary furniture, home décor, jewelry, watches, art, and fashion products worldwide. The company offers online marketplace that enables commerce between sellers and buyers; and Design Manager, an online platform that provides software solution to interior designers.
See Also
- Get a free copy of the StockNews.com research report on 1stdibs.Com (DIBS)
- Is This Medical Gear Maker Ready To Continue Its Rally?
- The Five (5) Hottest Stocks To Watch Ahead Of Q3 Earnings
- Has Take-Two Interactive Devolved into a One-Trick Pony?
- Can Health Drink Maker Celsius Outrun Its Monster Rival?
- Is Lyft Going To Make It As Acquisition Rumors Swirl?
Receive News & Ratings for 1stdibs.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1stdibs.Com and related companies with MarketBeat.com's FREE daily email newsletter.