1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Sells $24,396.00 in Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,132 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $3.00, for a total value of $24,396.00. Following the transaction, the insider now owns 31,451 shares of the company’s stock, valued at $94,353. This trade represents a 20.54 % 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 hyperlink.

1stdibs.Com Price Performance

Shares of DIBS traded down $0.08 during mid-day trading on Wednesday, hitting $2.94. The stock had a trading volume of 154,119 shares, compared to its average volume of 116,954. The firm has a market cap of $104.08 million, a P/E ratio of -7.00 and a beta of 0.96. The business has a fifty day moving average price of $3.69 and a 200-day moving average price of $3.99. 1stdibs.Com, Inc. has a 52 week low of $2.82 and a 52 week high of $6.25.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share (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 company had revenue of $22.77 million for the quarter, compared to analyst estimates of $21.57 million. As a group, research analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On 1stdibs.Com

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arcadia Wealth Management Inc. purchased a new position in shares of 1stdibs.Com in the 4th quarter worth about $113,000. Two Sigma Advisers LP raised its position in 1stdibs.Com by 2.0% during the 4th quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock valued at $451,000 after purchasing an additional 2,500 shares during the last quarter. J. Goldman & Co LP bought a new position in shares of 1stdibs.Com in the 4th quarter worth approximately $2,076,000. Bridgeway Capital Management LLC raised its position in shares of 1stdibs.Com by 29.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 139,300 shares of the company’s stock worth $493,000 after acquiring an additional 31,600 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of 1stdibs.Com by 31.8% in the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock worth $94,000 after acquiring an additional 6,424 shares in the last quarter. 66.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DIBS has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1stdibs.Com in a report on Friday, March 7th. JMP Securities reiterated a “market perform” rating on shares of 1stdibs.Com in a report 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.