Matthew Rubinger Sells 12,002 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 12,002 shares of 1stdibs.Com stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $3.94, for a total transaction of $47,287.88. Following the completion of the transaction, the insider now directly owns 12,477 shares in the company, valued at $49,159.38. This trade represents a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Matthew Rubinger also recently made the following trade(s):

• On Monday, September 16th, Matthew Rubinger sold 5,422 shares of 1stdibs.Com stock. The shares were sold at an average price of $4.63, for a total transaction of $25,103.86.

1stdibs.Com Price Performance

Shares of 1stdibs.Com stock opened at $3.92 on Thursday. 1stdibs.Com, Inc. has a fifty-two week low of $3.65 and a fifty-two week high of $6.30. The firm has a market capitalization of $143.12 million, a P/E ratio of -9.33 and a beta of 0.98. The company’s 50 day moving average price is $4.28 and its two-hundred day moving average price is $4.63.

1stdibs.Com (NASDAQ:DIBS) 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. On average, analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current year.

Institutional Trading of 1stdibs.Com

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in 1stdibs.Com by 7.3% in the first quarter. Vanguard Group Inc. now owns 1,259,464 shares of the company’s stock valued at $7,506,000 after buying an additional 85,757 shares in the last quarter. Joel Isaacson & Co. LLC lifted its holdings in shares of 1stdibs.Com by 24.0% during the third quarter. Joel Isaacson & Co. LLC now owns 869,612 shares of the company’s stock worth $3,835,000 after purchasing an additional 168,226 shares during the period. Portolan Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 7.1% during the third quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock worth $3,121,000 after purchasing an additional 46,699 shares during the period. Geode Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 95,292 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of 1stdibs.Com by 74.6% during the second quarter. Renaissance Technologies LLC now owns 536,000 shares of the company’s stock worth $2,407,000 after purchasing an additional 229,000 shares during the period. Institutional investors and hedge funds own 66.97% of the company’s stock.

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.