Gold.com Inc. (NYSE:GOLD – Get Free Report) CEO Gregory Roberts sold 25,000 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $49.36, for a total value of $1,234,000.00. Following the completion of the transaction, the chief executive officer owned 28,202 shares of the company’s stock, valued at $1,392,050.72. The trade was a 46.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Gold.com Price Performance
Gold.com stock opened at $48.13 on Friday. The company has a market cap of $1.40 billion, a P/E ratio of 16.48 and a beta of 0.56. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70. The business has a fifty day moving average of $42.99 and a two-hundred day moving average of $44.14. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18.
Gold.com (NYSE:GOLD – Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.67 billion. Gold.com had a return on equity of 18.15% and a net margin of 0.32%.During the same period last year, the company earned $0.41 earnings per share. As a group, analysts predict that Gold.com Inc. will post 3.73 earnings per share for the current fiscal year.
Gold.com Dividend Announcement
Analysts Set New Price Targets
A number of brokerages have issued reports on GOLD. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Canaccord Genuity Group decreased their price target 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. DA Davidson restated a “buy” rating and issued a $60.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Northland Securities set a $55.00 price objective on Gold.com in a research note on Thursday, September 3rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $58.00.
Check Out Our Latest Research Report on Gold.com
Institutional Trading of Gold.com
Several institutional investors and hedge funds have recently modified their holdings of the business. Larson Financial Group LLC purchased a new position in shares of Gold.com during the 4th quarter worth approximately $41,000. Caitong International Asset Management Co. Ltd purchased a new stake in Gold.com in the 4th quarter valued at approximately $42,000. CANADA LIFE ASSURANCE Co purchased a new stake in Gold.com in the 4th quarter valued at approximately $76,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Gold.com during the 4th quarter valued at $182,000. Finally, FourThought Financial Partners LLC acquired a new stake in Gold.com during the 4th quarter valued at $205,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.
About Gold.com
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.
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