Gold.com (NYSE:GOLD) Director Moorhead John Sells 3,000 Shares of Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $62.89, for a total transaction of $188,670.00. Following the completion of the transaction, the director directly owned 32,256 shares of the company’s stock, valued at approximately $2,028,579.84. This trade represents a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Gold.com Trading Up 0.6%

Gold.com stock opened at $62.99 on Thursday. The company has a quick ratio of 0.58, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. Gold.com Inc. has a 1-year low of $19.39 and a 1-year high of $66.70. The company has a market capitalization of $1.59 billion, a P/E ratio of 134.03 and a beta of 0.41.

Gold.com (NYSE:GOLD) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.21. The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $3.41 billion. Gold.com had a return on equity of 7.56% and a net margin of 0.08%.

Gold.com Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. Gold.com’s payout ratio is presently 170.21%.

Hedge Funds Weigh In On Gold.com

Hedge funds and other institutional investors have recently modified their holdings of the company. Daytona Street Capital LLC bought a new position in shares of Gold.com during the 4th quarter valued at about $68,000. Massachusetts Financial Services Co. MA bought a new position in Gold.com during the fourth quarter valued at approximately $890,000. State of Alaska Department of Revenue purchased a new position in shares of Gold.com during the fourth quarter worth approximately $44,000. CWM LLC bought a new stake in shares of Gold.com in the 4th quarter worth approximately $35,000. Finally, Nations Financial Group Inc. IA ADV bought a new stake in shares of Gold.com in the 4th quarter worth approximately $1,319,000. 62.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on GOLD. Weiss Ratings assumed coverage on shares of Gold.com in a report on Wednesday, January 14th. They issued a “hold (c-)” rating for the company. Zacks Research upgraded Gold.com from a “hold” rating to a “strong-buy” rating in a research report on Monday. Roth Mkm set a $60.00 target price on Gold.com in a research note on Wednesday, January 28th. Northland Securities raised Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price target on the stock in a report on Friday, February 6th. Finally, DA Davidson boosted their price objective on Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $59.00.

Trending Headlines about Gold.com

Here are the key news stories impacting Gold.com this week:

• Positive Sentiment: Zacks upgraded GOLD from “hold” to “strong-buy” and added it to its Zacks Rank #1 list this week, increasing analyst-driven demand and helping push the stock to a 52-week high. New Strong Buy Stocks for February 10th
• Positive Sentiment: Zacks coverage also flagged GOLD as showing sustainable recent price strength, reinforcing momentum-trader interest and supporting continued upside. Gold.com (GOLD) is on the Move, Here’s Why the Trend Could be Sustainable
• Positive Sentiment: Market write-ups note GOLD recently hit a new 52-week high following the analyst upgrade and coverage pick-up, which can attract momentum funds and retail interest. Gold.com (NYSE:GOLD) Reaches New 52-Week High Following Analyst Upgrade
• Neutral Sentiment: Several comparative and head‑to‑head articles contrast GOLD with peers (Top Win International/SORA); these pieces increase visibility but are informational rather than catalytic. Gold.com (NYSE:GOLD) and Top Win International (NASDAQ:SORA) Head to Head Analysis
• Negative Sentiment: Insider selling: director John Moorhead sold 3,000 shares at an average $62.89 (disclosed in an SEC filing), trimming his stake by ~8.5%. While not large relative to market cap, insider sales can be interpreted negatively by some investors. SEC Filing – Insider Sale

About Gold.com

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in 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 various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.