1stdibs.Com's (DIBS) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS - Free Report) in a research note issued to investors on Friday,Weiss Ratings reports.

Separately, JMP Securities reissued a "market perform" rating on shares of 1stdibs.Com in a report on Monday, December 16th.

1stdibs.Com Stock Performance

Shares of NASDAQ:DIBS traded down $0.16 during trading on Friday, reaching $3.20. The company had a trading volume of 107,052 shares, compared to its average volume of 117,615. 1stdibs.Com has a twelve month low of $3.21 and a twelve month high of $6.30. The firm has a market capitalization of $113.29 million, a PE ratio of -7.62 and a beta of 0.96. The firm's fifty day moving average is $3.76 and its 200 day moving average is $4.07.

1stdibs.Com (NASDAQ:DIBS - Get Free Report) last released its earnings results on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, topping analysts' consensus estimates of ($0.17) by $0.03. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The firm had revenue of $22.77 million during the quarter, compared to the consensus estimate of $21.57 million. Equities analysts predict that 1stdibs.Com will post -0.52 earnings per share for the current fiscal year.

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Institutional Investors Weigh In On 1stdibs.Com

Several large investors have recently modified their holdings of the stock. Intech Investment Management LLC purchased a new stake in shares of 1stdibs.Com during the fourth quarter valued at $36,000. Wells Fargo & Company MN boosted its holdings in shares of 1stdibs.Com by 26.0% in the fourth 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. purchased a new position in shares of 1stdibs.Com in the third quarter worth approximately $65,000. XTX Topco Ltd acquired a new stake in shares of 1stdibs.Com during the fourth quarter valued at approximately $84,000. Finally, Garden State Investment Advisory Services LLC purchased a new stake in shares of 1stdibs.Com in the 3rd quarter valued at approximately $93,000. 66.97% of the stock is owned by institutional investors.

About 1stdibs.Com

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.