Insight Holdings Group, Llc Sells 35,313 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 35,313 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $5.05, for a total value of $178,330.65. Following the transaction, the insider now directly owns 51,125 shares in the company, valued at approximately $258,181.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Wednesday, April 17th, Insight Holdings Group, Llc sold 45,420 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.00, for a total value of $227,100.00.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.00, for a total value of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.01, for a total value of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.03, for a total value of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.06, for a total value of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.19, for a total value of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Price Performance

NASDAQ DIBS opened at $5.31 on Friday. The business has a fifty day moving average price of $5.41 and a two-hundred day moving average price of $4.74. 1stdibs.Com, Inc. has a fifty-two week low of $3.44 and a fifty-two week high of $6.30. The stock has a market capitalization of $211.18 million, a PE ratio of -9.32 and a beta of 1.07.

1stdibs.Com (NASDAQ:DIBS) last released its earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. The firm had revenue of $20.92 million during the quarter, compared to analysts’ expectations of $19.77 million. As a group, sell-side analysts expect that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current year.

Analyst Ratings Changes

Separately, Evercore ISI raised 1stdibs.Com from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $6.00 to $8.00 in a research report on Monday, March 18th.

Institutional Trading of 1stdibs.Com

Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new position in shares of 1stdibs.Com in the 1st quarter valued at $25,000. Barclays PLC raised its position in 1stdibs.Com by 533.2% in the fourth quarter. Barclays PLC now owns 6,357 shares of the company’s stock valued at $32,000 after purchasing an additional 5,353 shares during the last quarter. UBS Group AG acquired a new stake in shares of 1stdibs.Com during the fourth quarter valued at about $33,000. Quadrature Capital Ltd bought a new stake in shares of 1stdibs.Com during the third quarter worth about $37,000. Finally, Jump Financial LLC acquired a new position in shares of 1stdibs.Com in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 66.97% of the company’s stock.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.