Gold.com Inc. (NYSE:GOLD – Get Free Report) Director Moorhead John sold 1,500 shares of Gold.com stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $48.41, for a total transaction of $72,615.00. Following the sale, the director directly owned 28,756 shares of the company’s stock, valued at $1,392,077.96. The trade was a 4.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Moorhead John also recently made the following trade(s):
- On Monday, September 14th, Moorhead John sold 1,000 shares of Gold.com stock. The shares were sold at an average price of $47.34, for a total transaction of $47,340.00.
Gold.com Stock Up 0.2%
Shares of GOLD stock opened at $46.90 on Friday. The firm has a 50 day moving average price of $43.36 and a two-hundred day moving average price of $43.78. The company has a market capitalization of $1.37 billion, a PE ratio of 16.06 and a beta of 0.56. Gold.com Inc. has a 12-month low of $23.00 and a 12-month high of $66.70.
Gold.com Dividend Announcement
The company also recently declared a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 16th. Gold.com’s payout ratio is 27.40%.
Institutional Investors Weigh In On Gold.com
Hedge funds have recently added to or reduced their stakes in the business. SkyView Investment Advisors LLC bought a new stake in Gold.com in the second quarter valued at $125,000. WINTON GROUP Ltd grew its stake in Gold.com by 7.6% in the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock valued at $412,000 after acquiring an additional 700 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Gold.com during the second quarter valued at approximately $225,000. Squarepoint Ops LLC bought a new stake in shares of Gold.com during the second quarter valued at approximately $387,000. Finally, Arizona State Retirement System raised its position in shares of Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after purchasing an additional 359 shares during the period. 62.85% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts recently issued reports on GOLD shares. DA Davidson reiterated a “buy” rating and issued a $60.00 price objective on shares of Gold.com in a report on Thursday, September 3rd. Northland Securities set a $55.00 target price on shares of Gold.com in a report on Thursday, September 3rd. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group dropped their price target on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $58.00.
View Our Latest Analysis on Gold.com
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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