Insider Selling: 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 business’s stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $3.00, for a total transaction of $24,396.00. Following the transaction, the insider now owns 31,451 shares in the company, valued at approximately $94,353. The trade was a 20.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

1stdibs.Com Stock Performance

Shares of 1stdibs.Com stock opened at $2.96 on Friday. The firm’s 50-day simple moving average is $3.67 and its 200-day simple moving average is $3.97. 1stdibs.Com, Inc. has a twelve month low of $2.82 and a twelve month high of $6.25. The firm has a market cap of $104.79 million, a P/E ratio of -7.05 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.03. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The business had revenue of $22.77 million for the quarter, compared to analyst estimates of $21.57 million. On average, equities analysts forecast that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DIBS has been the topic of several research reports. Weiss Ratings restated 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 research report on Monday, December 16th.

Hedge Funds Weigh In On 1stdibs.Com

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its position in 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after buying an additional 5,985 shares in the last quarter. Barclays PLC boosted its position in 1stdibs.Com by 286.6% in the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock valued at $150,000 after buying an additional 25,341 shares in the last quarter. Harspring Capital Management LLC boosted its position in 1stdibs.Com by 83.2% in the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after buying an additional 199,951 shares in the last quarter. JPMorgan Chase & Co. boosted its position in 1stdibs.Com by 151.6% in the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after buying an additional 64,107 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in 1stdibs.Com by 16.8% in the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after buying an additional 95,292 shares in the last quarter. 66.97% of the stock is currently 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.