Bank of America Securities analyst Curtis Nagle reiterated a Hold rating on 1stdibs.com (DIBS – Research Report) yesterday and set a price target of $5.00. The company’s shares closed yesterday at $3.75.
Nagle covers the Consumer Cyclical sector, focusing on stocks such as RH, Overstock, and Etsy. According to TipRanks, Nagle has an average return of 3.4% and a 54.09% success rate on recommended stocks.
In addition to Bank of America Securities, 1stdibs.com also received a Hold from JMP Securities’s Nicholas Jones CFA in a report issued yesterday. However, on the same day, Barclays assigned a Buy rating to 1stdibs.com (NASDAQ: DIBS).
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DIBS market cap is currently $148.2M and has a P/E ratio of -6.01.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DIBS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
1stdibs.com Inc is a online marketplace for connecting design lovers with highly coveted sellers and makers of vintage, antique, and contemporary furniture, home decor, art, jewelry, watches and fashion.
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