Gold.com (NYSE:GOLD) CEO Gregory Roberts Sells 15,000 Shares of Stock

Gold.com Inc. (NYSE:GOLD) CEO Gregory Roberts sold 15,000 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $46.86, for a total transaction of $702,900.00. Following the transaction, the chief executive officer owned 28,202 shares in the company, valued at $1,321,545.72. This trade represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gold.com Price Performance

GOLD opened at $45.81 on Friday. The company has a 50-day moving average of $42.90 and a 200-day moving average of $44.11. The company has a market capitalization of $1.33 billion, a P/E ratio of 15.69 and a beta of 0.56. Gold.com Inc. has a 1-year low of $23.00 and a 1-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.

Gold.com (NYSE:GOLD) last issued its earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) 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 company had revenue of $5.01 billion during the quarter, compared to analyst estimates of $5.67 billion. During the same quarter last year, the company posted $0.41 EPS. Equities analysts expect that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is currently 27.40%.

Hedge Funds Weigh In On Gold.com

Institutional investors have recently modified their holdings of the company. Bailard Inc. bought a new stake in Gold.com in the 4th quarter valued at about $211,000. Simcoe Capital LLC bought a new position in Gold.com in the 4th quarter worth about $3,134,000. Gamco Investors INC. ET AL bought a new position in Gold.com in the 4th quarter worth about $1,083,000. Larson Financial Group LLC acquired a new stake in shares of Gold.com in the fourth quarter valued at approximately $41,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Gold.com in the fourth quarter valued at approximately $205,000. Institutional investors own 62.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GOLD. Canaccord Genuity Group decreased their price target on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. DA Davidson restated a “buy” rating and issued a $60.00 target price on shares of Gold.com in a research note on Thursday, September 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Finally, Northland Securities set a $55.00 price target on Gold.com in a research report on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Gold.com has an average rating of “Moderate Buy” and an average target price of $58.00.

Trending Headlines about Gold.com

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

• Positive Sentiment: Major shareholder increased its stake: Tether Global Investments Fund bought 100,000 GOLD shares at an average price of $39.30, increasing its holdings by 50% to 300,000 shares. The purchase may signal confidence in Gold.com’s longer-term prospects. Tether Global Investments Fund buys shares
• Positive Sentiment: Special dividend provides shareholder support: Gold.com declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. The dividend may help sustain interest in the stock ahead of the ex-dividend date.
• Positive Sentiment: Analyst sentiment remains favorable: Four analysts rate the shares Buy and two rate them Hold, producing a consensus “Moderate Buy” rating and an average price target of $58. Canaccord maintained Buy coverage despite reducing its target to $65, while DA Davidson and Northland Securities set targets of $60 and $55, respectively.
• Neutral Sentiment: Gold-price exposure remains a mixed factor: Gold.com’s wholesale, direct-to-consumer and secured-lending operations can benefit from elevated precious-metals prices, but revenue and earnings may remain volatile as trading activity and customer demand fluctuate.
• Negative Sentiment: Quarterly results missed expectations: Fiscal fourth-quarter EPS was $0.41 versus the $0.96 consensus estimate, while revenue of $5.01 billion missed the $5.67 billion forecast. Although revenue increased 99% year over year, it fell 52% sequentially, alongside declines in EBITDA and new-customer growth. Gold.com Q4 results
• Negative Sentiment: Multiple executives sold shares: CEO Gregory Roberts sold 40,000 shares across September 8–9, reducing his position by roughly 47%. COO Brian Aquilino sold 6,667 shares, and EVP Carol Meltzer sold 4,000 shares, cutting their holdings by 50% and 72.73%, respectively. The cluster of sales may raise concerns about near-term insider confidence.

About Gold.com

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.