1stdibs.Com’s (DIBS) Sell (E+) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research note issued to investors on Wednesday,Weiss Ratings reports.

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

1stdibs.Com Stock Performance

1stdibs.Com stock opened at $4.05 on Wednesday. The firm has a 50 day moving average price of $3.76 and a two-hundred day moving average price of $4.11. 1stdibs.Com has a 52-week low of $3.37 and a 52-week high of $6.30. The firm has a market cap of $147.88 million, a price-to-earnings ratio of -9.64 and a beta of 0.97.

Hedge Funds Weigh In On 1stdibs.Com

Institutional investors have recently added to or reduced their stakes in the business. Two Sigma Advisers LP increased its stake in shares of 1stdibs.Com by 2.0% in the 4th quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock valued at $451,000 after acquiring an additional 2,500 shares in the last quarter. Wells Fargo & Company MN grew its holdings in 1stdibs.Com by 26.0% in the fourth quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after purchasing an additional 2,939 shares during the period. State Street Corp grew 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 worth $1,298,000 after purchasing an additional 5,985 shares during the period. Barclays PLC increased its stake in 1stdibs.Com by 17.6% in the fourth quarter. Barclays PLC now owns 40,192 shares of the company’s stock valued at $142,000 after purchasing an additional 6,010 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of 1stdibs.Com by 31.8% during the fourth quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock valued at $94,000 after purchasing an additional 6,424 shares during the period. 66.97% of the stock is owned by institutional investors and hedge funds.

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.