1stdibs.Com (NASDAQ:DIBS) Given "Market Perform" Rating at JMP Securities

1stdibs.Com (NASDAQ:DIBS - Get Free Report)'s stock had its "market perform" rating reaffirmed by research analysts at JMP Securities in a report issued on Monday,Benzinga reports.

1stdibs.Com Price Performance

Shares of DIBS traded up $0.08 during mid-day trading on Monday, hitting $3.73. The stock had a trading volume of 127,487 shares, compared to its average volume of 124,745. 1stdibs.Com has a 52 week low of $3.37 and a 52 week high of $6.30. The business has a fifty day moving average price of $4.08 and a 200-day moving average price of $4.44. The firm has a market cap of $136.19 million, a P/E ratio of -8.88 and a beta of 0.94.

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

Insider Buying and Selling

In other news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the sale, the insider now directly owns 12,477 shares of the company's stock, valued at approximately $49,159.38. This represents a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders sold 15,088 shares of company stock valued at $61,175. Company insiders own 19.60% of the company's stock.

Hedge Funds Weigh In On 1stdibs.Com

Several hedge funds have recently bought and sold shares of DIBS. 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 worth $1,298,000 after purchasing an additional 5,985 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 1stdibs.Com by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company's stock worth $810,000 after buying an additional 6,387 shares in the last quarter. American Century Companies Inc. bought a new stake in 1stdibs.Com during the second quarter valued at $54,000. SG Americas Securities LLC bought a new stake in 1stdibs.Com during the third quarter valued at $56,000. Finally, Pitcairn Co. purchased a new position in 1stdibs.Com during the third quarter worth about $65,000. Hedge funds and other institutional investors own 66.97% of the company's stock.

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.