1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Matthew Rubinger Sells 8,133 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS - Get Free Report) insider Matthew Rubinger sold 8,133 shares of the company's stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $3.60, for a total value of $29,278.80. Following the transaction, the insider now directly owns 26,030 shares in the company, valued at approximately $93,708. This represents a 23.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

1stdibs.Com Stock Up 2.4 %

Shares of DIBS traded up $0.07 during trading hours on Friday, reaching $3.04. The stock had a trading volume of 102,297 shares, compared to its average volume of 116,994. The company has a market cap of $107.62 million, a P/E ratio of -7.24 and a beta of 0.96. The firm has a 50-day moving average of $3.73 and a 200 day moving average of $4.02. 1stdibs.Com, Inc. has a 52 week low of $2.87 and a 52 week high of $6.25.

1stdibs.Com (NASDAQ:DIBS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.03. The company had revenue of $22.77 million during the quarter, compared to analysts' expectations of $21.57 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. As a group, equities analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current year.

Remove Ads

Hedge Funds Weigh In On 1stdibs.Com

Several hedge funds have recently modified their holdings of DIBS. Two Sigma Advisers LP lifted its stake in 1stdibs.Com by 2.0% in the 4th quarter. Two Sigma Advisers LP now owns 127,300 shares of the company's stock valued at $451,000 after purchasing an additional 2,500 shares during the last quarter. Wells Fargo & Company MN lifted its stake in 1stdibs.Com by 26.0% in the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock valued at $50,000 after purchasing an additional 2,939 shares during the last quarter. State Street Corp lifted its stake in 1stdibs.Com by 2.1% in the 3rd quarter. State Street Corp now owns 294,330 shares of the company's stock valued at $1,298,000 after purchasing an additional 5,985 shares during the last quarter. Barclays PLC lifted its stake in 1stdibs.Com by 17.6% in the 4th quarter. Barclays PLC now owns 40,192 shares of the company's stock valued at $142,000 after purchasing an additional 6,010 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in 1stdibs.Com by 31.8% in the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company's stock valued at $94,000 after purchasing an additional 6,424 shares during the last quarter. Institutional investors own 66.97% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on DIBS. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1stdibs.Com in a report on Friday, March 7th. JMP Securities reaffirmed a "market perform" rating on shares of 1stdibs.Com in a 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.