1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Sells $227,100.00 in Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 45,420 shares of the firm’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $5.00, for a total value of $227,100.00. Following the completion of the transaction, the insider now owns 50,235 shares in the company, valued at approximately $251,175. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Monday, April 15th, Insight Holdings Group, Llc sold 35,313 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.05, for a total value of $178,330.65.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.00, for a total value of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.01, for a total value of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.03, for a total value of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.06, for a total value of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.19, for a total value of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.02, for a total value of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Stock Up 2.2 %

NASDAQ:DIBS traded up $0.11 on Wednesday, reaching $5.10. 134,359 shares of the company’s stock were exchanged, compared to its average volume of 115,513. The firm has a market capitalization of $202.83 million, a price-to-earnings ratio of -8.95 and a beta of 1.07. The business has a fifty day moving average of $5.39 and a 200-day moving average of $4.74. 1stdibs.Com, Inc. has a 52-week low of $3.44 and a 52-week high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. The company had revenue of $20.92 million for the quarter, compared to analyst estimates of $19.77 million. 1stdibs.Com had a negative net margin of 26.80% and a negative return on equity of 16.46%. As a group, equities analysts anticipate that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current year.

Institutional Trading of 1stdibs.Com

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of 1stdibs.Com by 14.8% during the fourth quarter. Vanguard Group Inc. now owns 1,173,707 shares of the company’s stock worth $5,493,000 after buying an additional 151,147 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of 1stdibs.Com during the fourth quarter worth about $112,000. Virtu Financial LLC acquired a new position in shares of 1stdibs.Com during the fourth quarter worth about $47,000. Bridgeway Capital Management LLC grew its position in shares of 1stdibs.Com by 9.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 166,819 shares of the company’s stock worth $781,000 after buying an additional 14,219 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of 1stdibs.Com during the fourth quarter worth about $377,000. 66.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Evercore ISI raised 1stdibs.Com from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $6.00 to $8.00 in a research report on Monday, March 18th.

1stdibs.Com Company Profile

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.