1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Matthew Rubinger Sells 8,132 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,132 shares of the company’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $3.00, for a total transaction of $24,396.00. Following the transaction, the insider now owns 31,451 shares of the company’s stock, valued at $94,353. This represents a 20.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

1stdibs.Com Stock Up 3.1 %

Shares of NASDAQ DIBS opened at $3.03 on Friday. The firm has a 50-day simple moving average of $3.68 and a 200-day simple moving average of $3.98. The stock has a market capitalization of $107.27 million, a price-to-earnings ratio of -7.21 and a beta of 0.96. 1stdibs.Com, Inc. has a 52 week low of $2.82 and a 52 week high of $6.25.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, February 28th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. The business had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. As a group, equities research analysts expect that 1stdibs.Com, Inc. will post -0.52 EPS for the current year.

Institutional Investors Weigh In On 1stdibs.Com

Hedge funds have recently modified their holdings of the business. State Street Corp raised its position in shares of 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after buying an additional 5,985 shares during the last quarter. Barclays PLC grew its holdings in shares of 1stdibs.Com by 286.6% in the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock valued at $150,000 after purchasing an additional 25,341 shares during the period. Harspring Capital Management LLC grew its holdings in shares of 1stdibs.Com by 83.2% in the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after purchasing an additional 199,951 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of 1stdibs.Com by 151.6% in the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after purchasing an additional 64,107 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of 1stdibs.Com by 16.8% in the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after purchasing an additional 95,292 shares during the period. 66.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research report on Friday, March 7th. JMP Securities restated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.