Jeffrey Benjamin Sells 25,000 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLDGet Free Report) Director Jeffrey Benjamin sold 25,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $56.73, for a total transaction of $1,418,250.00. Following the transaction, the director owned 544,664 shares in the company, valued at approximately $30,898,788.72. This trade represents a 4.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Gold.com Trading Down 2.3%

NYSE:GOLD opened at $54.72 on Friday. Gold.com Inc. has a 52 week low of $19.39 and a 52 week high of $66.70. The company has a quick ratio of 0.66, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 116.43 and a beta of 0.40.

Gold.com (NYSE:GOLDGet Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.21. The company 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $0.80 annualized dividend and a dividend yield of 1.5%. Gold.com’s dividend payout ratio (DPR) is currently 170.21%.

Institutional Investors Weigh In On Gold.com

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC purchased a new stake in shares of Gold.com during the fourth quarter worth $35,000. Larson Financial Group LLC bought a new stake in shares of Gold.com during the 4th quarter valued at $41,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Gold.com during the 4th quarter valued at $42,000. State of Alaska Department of Revenue purchased a new stake in Gold.com during the 4th quarter worth about $44,000. Finally, New York State Teachers Retirement System bought a new position in Gold.com in the 4th quarter worth about $55,000. Institutional investors own 62.85% of the company’s stock.

Gold.com News Summary

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GOLD. DA Davidson raised their price objective on shares of Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Weiss Ratings assumed coverage on shares of Gold.com in a research report on Wednesday, January 14th. They set a “hold (c-)” rating for the company. Northland Securities raised shares of 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. Roth Mkm set a $60.00 price objective on Gold.com in a research note on Wednesday, January 28th. Finally, Zacks Research raised Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $59.00.

Get Our Latest Stock Analysis on Gold.com

About Gold.com

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Gold.com (NYSE:GOLD)

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