Jeffrey Benjamin Sells 24,683 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 24,683 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $50.17, for a total transaction of $1,238,346.11. Following the sale, the director owned 502,506 shares in the company, valued at $25,210,726.02. This trade represents a 4.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Gold.com Price Performance

Shares of NYSE:GOLD opened at $50.49 on Thursday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 107.43 and a beta of 0.40. Gold.com Inc. has a 1 year low of $19.39 and a 1 year high of $66.70. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.66. The stock’s 50-day simple moving average is $52.70.

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

Gold.com Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, February 20th. Gold.com’s dividend payout ratio (DPR) is currently 170.21%.

Institutional Investors Weigh In On Gold.com

Several institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Gold.com during the fourth quarter worth $129,000. Pacer Advisors Inc. purchased a new stake in Gold.com during the 4th quarter worth about $6,185,000. Virtu Financial LLC acquired a new position in shares of Gold.com during the 4th quarter worth about $960,000. Invesco Ltd. acquired a new position in shares of Gold.com during the 4th quarter worth about $2,087,000. Finally, Empowered Funds LLC purchased a new position in shares of Gold.com in the 4th quarter valued at about $6,619,000. 62.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Roth Mkm set a $60.00 price objective on Gold.com in a research report on Wednesday, January 28th. Zacks Research upgraded Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. DA Davidson boosted their target price on Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Weiss Ratings started coverage on Gold.com in a report on Wednesday, January 14th. They set a “hold (c-)” rating on the stock. Finally, 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 research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $59.00.

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.