FIL Ltd lifted its stake in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS - Free Report) by 11.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,450,000 shares of the company's stock after buying an additional 154,423 shares during the quarter. FIL Ltd owned about 3.97% of 1stdibs.Com worth $5,133,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in DIBS. State Street Corp raised 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 worth $1,298,000 after purchasing an additional 5,985 shares in the last quarter. Barclays PLC boosted its position in 1stdibs.Com by 286.6% during the 3rd quarter. Barclays PLC now owns 34,182 shares of the company's stock worth $150,000 after buying an additional 25,341 shares during the period. Landscape Capital Management L.L.C. acquired a new position in 1stdibs.Com during the 4th quarter worth about $1,007,000. JPMorgan Chase & Co. boosted its holdings in 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 acquiring an additional 64,107 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in 1stdibs.Com by 16.8% during the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company's stock worth $2,929,000 after buying an additional 95,292 shares during the last quarter. Institutional investors own 66.97% of the company's stock.
1stdibs.Com Price Performance
Shares of NASDAQ:DIBS traded down $0.02 during midday trading on Wednesday, hitting $2.38. 165,485 shares of the company's stock were exchanged, compared to its average volume of 118,597. The company has a market cap of $84.95 million, a PE ratio of -5.67 and a beta of 1.01. 1stdibs.Com, Inc. has a 12 month low of $2.30 and a 12 month high of $6.20. The stock has a 50 day moving average price of $3.28 and a 200-day moving average price of $3.71.
1stdibs.Com (NASDAQ:DIBS - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.17) by $0.03. The business had revenue of $22.77 million during the quarter, compared to the consensus estimate of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. On average, analysts anticipate that 1stdibs.Com, Inc. will post -0.52 EPS for the current fiscal year.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of 1stdibs.Com in a research note on Tuesday, April 8th.
Get Our Latest Stock Analysis on DIBS
1stdibs.Com Profile
(
Free Report)
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.
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