1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Sells $29,278.80 in Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,133 shares of 1stdibs.Com stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $3.60, for a total transaction of $29,278.80. Following the sale, the insider now owns 26,030 shares of the company’s stock, valued at approximately $93,708. This trade represents a 23.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

1stdibs.Com Price Performance

Shares of DIBS stock opened at $3.04 on Friday. The firm’s 50-day simple moving average is $3.73 and its 200-day simple moving average is $4.03. 1stdibs.Com, Inc. has a 1-year low of $2.87 and a 1-year high of $6.25. The firm has a market cap of $107.62 million, a P/E ratio of -7.24 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings results on Friday, February 28th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.03. The firm had revenue of $22.77 million during the quarter, compared to analyst estimates of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. Analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on DIBS shares. JMP Securities restated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Friday, March 7th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in DIBS. Pitcairn Co. purchased a new stake in 1stdibs.Com during the third quarter valued at about $65,000. Garden State Investment Advisory Services LLC acquired a new position in shares of 1stdibs.Com in the 3rd quarter valued at about $93,000. Harspring Capital Management LLC grew its holdings in shares of 1stdibs.Com by 83.2% during the 3rd quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock worth $1,942,000 after purchasing an additional 199,951 shares during the period. Portolan Capital Management LLC increased its position in 1stdibs.Com by 7.1% during the 3rd 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 in the last quarter. Finally, State Street Corp raised its holdings in 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 during the period. 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.