Garden State Investment Advisory Services LLC Takes $93,000 Position in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Garden State Investment Advisory Services LLC acquired a new stake in 1stdibs.Com, Inc. (NASDAQ:DIBS) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 21,000 shares of the company’s stock, valued at approximately $93,000.

A number of other large investors have also recently bought and sold shares of DIBS. Vanguard Group Inc. increased its holdings in shares of 1stdibs.Com by 7.3% during the first quarter. Vanguard Group Inc. now owns 1,259,464 shares of the company’s stock worth $7,506,000 after buying an additional 85,757 shares in the last quarter. Joel Isaacson & Co. LLC increased its holdings in 1stdibs.Com by 24.0% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 869,612 shares of the company’s stock valued at $3,835,000 after purchasing an additional 168,226 shares in the last quarter. Portolan Capital Management LLC raised its position in 1stdibs.Com by 7.1% in the 3rd quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock valued at $3,121,000 after purchasing an additional 46,699 shares during the last quarter. Geode Capital Management LLC raised its position in 1stdibs.Com by 16.8% in the 3rd quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after purchasing an additional 95,292 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake 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 purchasing an additional 229,000 shares in the last quarter. 66.97% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 12,477 shares of the company’s stock, valued at approximately $49,159.38. This represents a 49.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders sold 20,510 shares of company stock valued at $86,279. Company insiders own 19.60% of the company’s stock.

1stdibs.Com Stock Performance

Shares of NASDAQ:DIBS opened at $3.65 on Friday. The business has a fifty day moving average of $4.09 and a 200-day moving average of $4.47. 1stdibs.Com, Inc. has a twelve month low of $3.37 and a twelve month high of $6.30. The firm has a market cap of $133.26 million, a PE ratio of -8.69 and a beta of 0.94.

1stdibs.Com (NASDAQ:DIBS) last announced its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $21.19 million during 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 period in the prior year, the firm posted ($0.08) earnings per share. On average, analysts anticipate that 1stdibs.Com, Inc. will post -0.52 EPS 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.