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

1stdibs.Com (NASDAQ:DIBS - Get Free Report)'s stock had its "sell (e+)" rating restated by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

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

1stdibs.Com Trading Down 1.7 %

NASDAQ DIBS traded down $0.07 on Friday, hitting $4.05. 54,198 shares of the company's stock were exchanged, compared to its average volume of 82,496. The stock has a 50-day moving average of $3.70 and a 200-day moving average of $4.14. The stock has a market cap of $147.87 million, a price-to-earnings ratio of -9.64 and a beta of 0.96. 1stdibs.Com has a 52 week low of $3.37 and a 52 week high of $6.30.

1stdibs.Com (NASDAQ:DIBS - Get Free Report) last issued its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.02). 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The company had revenue of $21.19 million during the quarter, compared to analyst estimates of $21.61 million. During the same quarter in the prior year, the business earned ($0.08) EPS. As a group, analysts predict that 1stdibs.Com will post -0.52 earnings per share for the current year.

Insider Activity

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of 1stdibs.Com stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the sale, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. The trade was a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 20.28% of the stock is owned by company insiders.

Institutional Investors Weigh In On 1stdibs.Com

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new stake in 1stdibs.Com in the 3rd quarter valued at about $56,000. Pitcairn Co. bought a new position in shares of 1stdibs.Com during the 3rd quarter worth $65,000. Garden State Investment Advisory Services LLC bought a new stake in shares of 1stdibs.Com in the third quarter valued at approximately $93,000. Barclays PLC lifted its stake in shares of 1stdibs.Com by 286.6% during the 3rd quarter. Barclays PLC now owns 34,182 shares of the company's stock valued at $150,000 after buying an additional 25,341 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in 1stdibs.Com by 151.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company's stock worth $469,000 after buying an additional 64,107 shares during the period. 66.97% of the stock is owned by institutional investors.

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.