Matthew Rubinger Sells 8,132 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,132 shares of the company’s stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $3.00, for a total value of $24,396.00. Following the completion of the transaction, the insider now owns 31,451 shares of the company’s stock, valued at $94,353. The trade was a 20.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

1stdibs.Com Trading Down 2.6 %

Shares of DIBS stock opened at $2.94 on Thursday. The stock has a 50 day moving average of $3.69 and a 200 day moving average of $3.99. The stock has a market cap of $104.08 million, a P/E ratio of -7.00 and a beta of 0.96. 1stdibs.Com, Inc. has a twelve month low of $2.82 and a twelve month high of $6.25.

1stdibs.Com (NASDAQ:DIBS) last posted its quarterly earnings data on Friday, February 28th. The company reported ($0.14) EPS for the quarter, beating 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 business had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. On average, research analysts predict that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On 1stdibs.Com

Several large investors have recently modified their holdings of DIBS. Pitcairn Co. acquired a new position in 1stdibs.Com during the 3rd quarter worth about $65,000. Garden State Investment Advisory Services LLC purchased a new position in shares of 1stdibs.Com in the 3rd quarter valued at approximately $93,000. Harspring Capital Management LLC grew its stake in shares of 1stdibs.Com by 83.2% in the 3rd quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after purchasing an additional 199,951 shares during the last quarter. Portolan Capital Management LLC grew its stake in shares of 1stdibs.Com by 7.1% in the 3rd quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock valued at $3,121,000 after purchasing an additional 46,699 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after buying an additional 5,985 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Friday, March 7th. JMP Securities reiterated a “market perform” rating on shares of 1stdibs.Com in a research note on Monday, December 16th.

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.