Investmentaktiengesellschaft Fuer Langfristige Investoren TGV Makes New Investment in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV bought a new stake in 1stdibs.Com, Inc. (NASDAQ:DIBS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 78,800 shares of the company’s stock, valued at approximately $354,000. 1stdibs.Com comprises about 0.0% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s investment portfolio, making the stock its 20th biggest position. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV owned approximately 0.20% of 1stdibs.Com at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Panagora Asset Management Inc. bought a new stake in 1stdibs.Com during the second quarter worth about $74,000. Virtu Financial LLC boosted its stake in 1stdibs.Com by 23.8% in the 1st quarter. Virtu Financial LLC now owns 12,436 shares of the company’s stock valued at $74,000 after purchasing an additional 2,389 shares during the period. Quadrature Capital Ltd bought a new stake in 1stdibs.Com in the 1st quarter valued at about $124,000. Bank of New York Mellon Corp bought a new position in shares of 1stdibs.Com in the second quarter worth $333,000. Finally, GSA Capital Partners LLP raised its position in 1stdibs.Com by 6.1% during the first quarter. GSA Capital Partners LLP now owns 93,672 shares of the company’s stock valued at $558,000 after purchasing an additional 5,365 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

Insider Buying and Selling

In related news, insider Matthew Rubinger sold 5,421 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $4.92, for a total transaction of $26,671.32. Following the completion of the transaction, the insider now owns 24,479 shares in the company, valued at $120,436.68. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, insider Matthew Rubinger sold 5,421 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $4.92, for a total value of $26,671.32. Following the completion of the transaction, the insider now directly owns 24,479 shares of the company’s stock, valued at $120,436.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Insight Holdings Group, Llc sold 3,982,446 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $5.20, for a total transaction of $20,708,719.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,992,367 shares of company stock worth $20,755,191. 19.60% of the stock is owned by insiders.

1stdibs.Com Stock Performance

Shares of DIBS traded up $0.10 during mid-day trading on Friday, reaching $4.91. The company had a trading volume of 53,479 shares, compared to its average volume of 78,738. 1stdibs.Com, Inc. has a 1-year low of $3.52 and a 1-year high of $6.30. The company has a market capitalization of $194.88 million, a price-to-earnings ratio of -11.16 and a beta of 0.97. The company’s 50 day simple moving average is $4.45 and its 200 day simple moving average is $5.13.

1stdibs.Com (NASDAQ:DIBS) last announced its earnings results on Tuesday, August 6th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.01). 1stdibs.Com had a negative net margin of 16.28% and a negative return on equity of 10.93%. The company had revenue of $22.24 million during the quarter, compared to the consensus estimate of $21.70 million. During the same quarter in the previous year, the company earned ($0.21) earnings per share. As a group, equities analysts forecast that 1stdibs.Com, Inc. will post -0.47 earnings per share for the current fiscal year.

About 1stdibs.Com

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.