Insider Selling: Gold.com (NYSE:GOLD) COO Sells $313,482.34 in Stock

Gold.com Inc. (NYSE:GOLD) COO Brian Aquilino sold 6,667 shares of Gold.com stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $47.02, for a total value of $313,482.34. Following the completion of the sale, the chief operating officer directly owned 6,667 shares in the company, valued at $313,482.34. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Gold.com Stock Up 4.9%

NYSE GOLD opened at $48.13 on Friday. The business has a fifty day moving average price of $42.99 and a 200 day moving average price of $44.14. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18. The company has a market cap of $1.40 billion, a P/E ratio of 16.48 and a beta of 0.56.

Gold.com (NYSE:GOLD) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a net margin of 0.32% and a return on equity of 18.15%. The firm had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. During the same quarter in the previous year, the business posted $0.41 EPS. Research analysts anticipate that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Announces Dividend

The firm also recently declared a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Wednesday, September 16th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s dividend payout ratio (DPR) is currently 27.40%.

Wall Street Analysts Forecast Growth

GOLD has been the subject of several research reports. Canaccord Genuity Group dropped their price objective 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. Weiss Ratings restated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Zacks Research cut Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Northland Securities set a $55.00 price objective on Gold.com in a research note on Thursday, September 3rd. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $58.00.

Institutional Trading of Gold.com

Several hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP purchased a new stake in shares of Gold.com during the 4th quarter valued at approximately $40,273,000. California State Teachers Retirement System lifted its holdings in Gold.com by 3,975.9% in the second quarter. California State Teachers Retirement System now owns 1,183,264 shares of the company’s stock valued at $49,236,000 after acquiring an additional 1,154,233 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new position in Gold.com in the fourth quarter worth approximately $32,408,000. Jacobs Levy Equity Management Inc. purchased a new position in Gold.com in the fourth quarter worth approximately $17,971,000. Finally, Geode Capital Management LLC acquired a new stake in Gold.com during the fourth quarter worth $15,790,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

Gold.com Company Profile

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.