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

1stdibs.Com, Inc. (NASDAQ:DIBS - Get Free Report) insider Matthew Rubinger sold 8,132 shares of the firm's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $3.00, for a total value of $24,396.00. Following the completion of the sale, the insider now owns 31,451 shares of the company's stock, valued at approximately $94,353. This trade represents a 20.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

1stdibs.Com Stock Down 2.3 %

DIBS stock traded down $0.07 during midday trading on Friday, reaching $2.96. The stock had a trading volume of 313,290 shares, compared to its average volume of 117,777. The business has a fifty day simple moving average of $3.67 and a two-hundred day simple moving average of $3.96. The firm has a market cap of $104.79 million, a price-to-earnings ratio of -7.05 and a beta of 0.96. 1stdibs.Com, Inc. has a twelve month low of $2.82 and a twelve month 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) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.03. The firm had revenue of $22.77 million during the quarter, compared to analyst estimates of $21.57 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. On average, equities analysts predict that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

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Analyst Ratings Changes

A number of analysts have recently weighed in on DIBS shares. Weiss Ratings restated a "sell (e+)" rating on shares of 1stdibs.Com in a research note on Friday, March 7th. JMP Securities reiterated a "market perform" rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

Hedge Funds Weigh In On 1stdibs.Com

Institutional investors have recently modified their holdings of the stock. Intech Investment Management LLC acquired a new position in shares of 1stdibs.Com during the 4th quarter worth about $36,000. Wells Fargo & Company MN grew its position in shares of 1stdibs.Com by 26.0% during the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock worth $50,000 after buying an additional 2,939 shares during the period. Pitcairn Co. acquired a new position in shares of 1stdibs.Com during the 3rd quarter worth about $65,000. Garden State Investment Advisory Services LLC acquired a new position in shares of 1stdibs.Com during the 3rd quarter worth about $93,000. Finally, XTX Topco Ltd acquired a new position in shares of 1stdibs.Com during the 4th quarter worth about $84,000. 66.97% of the stock is currently owned by institutional investors and hedge funds.

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.