1stdibs.Com (NASDAQ:DIBS) Given “Sell (D-)” Rating at Weiss Ratings

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (d-)” rating reiterated by research analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

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

1stdibs.Com Stock Up 0.8 %

1stdibs.Com stock traded up $0.03 during mid-day trading on Friday, reaching $3.63. 109,609 shares of the company’s stock were exchanged, compared to its average volume of 100,659. The firm has a market capitalization of $132.53 million, a PE ratio of -8.64 and a beta of 0.94. The business’s fifty day simple moving average is $3.73 and its 200 day simple moving average is $4.21. 1stdibs.Com has a one year low of $3.37 and a one year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last released its earnings results on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The business had revenue of $21.19 million for the quarter, compared to the consensus estimate of $21.61 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. During the same quarter in the previous year, the firm earned ($0.08) earnings per share. On average, sell-side analysts forecast that 1stdibs.Com will post -0.52 earnings per share for the current year.

Insider Activity at 1stdibs.Com

In related news, insider Matthew Rubinger sold 12,002 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total transaction of $47,287.88. Following the sale, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. The trade was a 49.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 20.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp bought a new position in shares of 1stdibs.Com in the second quarter worth approximately $333,000. Rhumbline Advisers lifted its stake in shares of 1stdibs.Com by 6,785.5% in the 2nd quarter. Rhumbline Advisers now owns 25,201 shares of the company’s stock valued at $113,000 after purchasing an additional 24,835 shares during the period. American Century Companies Inc. bought a new stake in shares of 1stdibs.Com during the second quarter valued at approximately $54,000. Dimensional Fund Advisors LP grew its stake in shares of 1stdibs.Com by 3.7% in the 2nd 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. Finally, Renaissance Technologies LLC boosted its holdings in 1stdibs.Com by 74.6% in the second quarter. Renaissance Technologies LLC now owns 536,000 shares of the company’s stock worth $2,407,000 after acquiring an additional 229,000 shares in the last quarter. Hedge funds and other institutional investors own 66.97% of the company’s stock.

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.