1stdibs.Com (NASDAQ:DIBS) Receives Sell (E+) Rating from Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research report released on Saturday morning,Weiss Ratings reports.

Separately, JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research note on Monday, December 16th.

1stdibs.Com Trading Up 2.8 %

DIBS stock opened at $4.00 on Friday. 1stdibs.Com has a one year low of $3.37 and a one year high of $6.30. The firm has a market capitalization of $146.04 million, a PE ratio of -9.52 and a beta of 0.96. The firm has a 50-day moving average of $3.68 and a two-hundred day moving average of $4.14.

1stdibs.Com (NASDAQ:DIBS) last posted its quarterly earnings data on Friday, November 8th. The company reported ($0.15) EPS 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 firm had revenue of $21.19 million for the quarter, compared to analysts’ expectations of $21.61 million. During the same period in the prior year, the company posted ($0.08) earnings per share. On average, equities research analysts anticipate that 1stdibs.Com will post -0.52 earnings per share for the current year.

Insider Transactions at 1stdibs.Com

In other news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were 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 of the company’s stock, valued at $49,159.38. This represents a 49.03 % 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 this link. 20.28% of the stock is owned by insiders.

Institutional Trading of 1stdibs.Com

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its holdings in 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 during the last quarter. SG Americas Securities LLC acquired a new position in 1stdibs.Com in the third quarter worth approximately $56,000. Joel Isaacson & Co. LLC increased its holdings in 1stdibs.Com by 24.0% in the third quarter. Joel Isaacson & Co. LLC now owns 869,612 shares of the company’s stock worth $3,835,000 after buying an additional 168,226 shares during the last quarter. Pitcairn Co. acquired a new position in 1stdibs.Com in the third quarter worth approximately $65,000. Finally, Garden State Investment Advisory Services LLC acquired a new position in 1stdibs.Com in the third quarter worth approximately $93,000. 66.97% of the stock is owned by hedge funds and other 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.