Insider Selling: 1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Sells 8,133 Shares of Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,133 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $3.60, for a total transaction of $29,278.80. Following the transaction, the insider now directly owns 26,030 shares of the company’s stock, valued at approximately $93,708. This trade represents a 23.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

1stdibs.Com Stock Performance

Shares of NASDAQ:DIBS traded down $0.05 during trading on Wednesday, reaching $3.15. The company had a trading volume of 107,267 shares, compared to its average volume of 117,395. The firm has a market capitalization of $111.52 million, a PE ratio of -7.50 and a beta of 0.96. 1stdibs.Com, Inc. has a twelve month low of $3.12 and a twelve month high of $6.30. The firm’s fifty day moving average is $3.75 and its 200 day moving average is $4.05.

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

Institutional Trading of 1stdibs.Com

A number of large investors have recently added to or reduced their stakes in the business. Pitcairn Co. bought a new position in shares of 1stdibs.Com in the third quarter valued at $65,000. Garden State Investment Advisory Services LLC acquired a new position in shares of 1stdibs.Com in the 3rd quarter worth $93,000. Harspring Capital Management LLC raised its position in shares of 1stdibs.Com by 83.2% during the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock worth $1,942,000 after purchasing an additional 199,951 shares during the period. Portolan Capital Management LLC raised its position in shares of 1stdibs.Com by 7.1% during the third quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock worth $3,121,000 after purchasing an additional 46,699 shares during the period. Finally, State Street Corp lifted its holdings in shares of 1stdibs.Com by 2.1% during the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after purchasing an additional 5,985 shares during the last quarter. 66.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on DIBS. JMP Securities reiterated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Friday, March 7th.

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.