Gold.com Inc. (NYSE:GOLD – Get Free Report) Director Jeffrey Benjamin sold 18,973 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $47.82, for a total transaction of $907,288.86. Following the completion of the transaction, the director owned 304,265 shares in the company, valued at approximately $14,549,952.30. This trade represents a 5.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Gold.com Trading Down 3.3%
Shares of NYSE GOLD opened at $45.35 on Friday. Gold.com Inc. has a 12 month low of $23.00 and a 12 month high of $66.70. The company has a 50 day simple moving average of $43.48 and a two-hundred day simple moving average of $43.79. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 15.53 and a beta of 0.56.
Gold.com (NYSE:GOLD – Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a return on equity of 17.22% and a net margin of 0.32%.The business had revenue of $5.01 billion during the quarter, compared to analyst estimates of $5.67 billion. During the same quarter in the previous year, the company earned $0.41 EPS. Analysts forecast that Gold.com Inc. will post 3.73 EPS for the current year.
Gold.com Dividend Announcement
Institutional Trading of Gold.com
Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC purchased a new stake in shares of Gold.com during the fourth quarter worth about $41,000. SkyView Investment Advisors LLC purchased a new position in Gold.com in the 2nd quarter valued at about $125,000. Caitong International Asset Management Co. Ltd purchased a new position in Gold.com in the 4th quarter valued at about $129,000. FourThought Financial Partners LLC acquired a new stake in Gold.com in the 4th quarter worth about $205,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Gold.com in the 2nd quarter worth about $225,000. Institutional investors and hedge funds own 62.85% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on GOLD. Northland Securities set a $55.00 price objective on Gold.com in a research note on Thursday, September 3rd. Canaccord Genuity Group lowered their target price on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. DA Davidson reiterated a “buy” rating and set a $60.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Finally, Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Gold.com has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.
Check Out Our Latest Research Report on Gold.com
Gold.com Company Profile
Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.
Featured Stories
- Five stocks we like better than Gold.com
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for Gold.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold.com and related companies with MarketBeat.com's FREE daily email newsletter.
