1stdibs.com (NASDAQ:DIBS) CEO David Rosenblatt Buys 47,500 Shares

1stdibs.com, Inc. (NASDAQ:DIBSGet Free Report) CEO David Rosenblatt purchased 47,500 shares of 1stdibs.com stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of $4.51 per share, for a total transaction of $214,225.00. Following the completion of the transaction, the chief executive officer owned 712,802 shares of the company’s stock, valued at approximately $3,214,737.02. This represents a 7.14% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

1stdibs.com Trading Up 2.0%

Shares of 1stdibs.com stock opened at $4.55 on Thursday. The stock has a market capitalization of $160.75 million, a price-to-earnings ratio of -14.68 and a beta of 0.76. The firm’s 50-day moving average price is $5.37 and its two-hundred day moving average price is $5.37. 1stdibs.com, Inc. has a 1-year low of $2.35 and a 1-year high of $6.62.

1stdibs.com (NASDAQ:DIBSGet Free Report) last posted its earnings results on Friday, May 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The firm had revenue of $22.39 million during the quarter, compared to the consensus estimate of $22.73 million. 1stdibs.com had a negative net margin of 12.33% and a negative return on equity of 12.05%. As a group, equities research analysts predict that 1stdibs.com, Inc. will post -0.22 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of 1stdibs.com in a research note on Friday, March 27th. Northland Securities upgraded 1stdibs.com from a “market perform” rating to an “outperform” rating and set a $7.00 target price for the company in a research note on Tuesday, March 3rd. Finally, Wall Street Zen cut 1stdibs.com from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $7.00.

Read Our Latest Research Report on DIBS

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Truffle Hound Capital LLC raised its position in shares of 1stdibs.com by 50.0% during the third quarter. Truffle Hound Capital LLC now owns 600,000 shares of the company’s stock worth $1,554,000 after acquiring an additional 200,000 shares during the last quarter. Joel Isaacson & Co. LLC boosted its holdings in 1stdibs.com by 53.5% in the fourth quarter. Joel Isaacson & Co. LLC now owns 1,067,746 shares of the company’s stock valued at $6,396,000 after acquiring an additional 372,367 shares during the last quarter. Topline Capital Management LLC boosted its holdings in 1stdibs.com by 341.6% in the third quarter. Topline Capital Management LLC now owns 192,115 shares of the company’s stock valued at $498,000 after acquiring an additional 148,611 shares during the last quarter. Harspring Capital Management LLC increased its position in 1stdibs.com by 22.0% in the third quarter. Harspring Capital Management LLC now owns 610,000 shares of the company’s stock worth $1,580,000 after purchasing an additional 110,000 shares during the period. Finally, R Squared Ltd acquired a new stake in 1stdibs.com in the first quarter worth about $69,000. Institutional investors own 66.97% of the company’s stock.

1stdibs.com Company Profile

(Get Free Report)

1stDibs.com is an online marketplace specializing in high-end furniture, fine art, jewelry, watches, fashion and decor. The platform curates offerings from independent dealers, galleries and luxury brands, enabling vetted sellers to reach discerning buyers around the world. Headquartered in New York with an additional office in Paris, 1stDibs has built a reputation for quality and authenticity through rigorous seller screening and detailed item vetting.

Launched in 2001 by founder Michael Bruno, the company has grown into a leading destination for both private collectors and interior design professionals.

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Insider Buying and Selling by Quarter for 1stdibs.com (NASDAQ:DIBS)

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