1stdibs.Com, Inc. (NASDAQ:DIBS) CFO Thomas J. Etergino Sells 4,500 Shares of Stock

1stdibs.Com, Inc. (NASDAQ:DIBSGet Free Report) CFO Thomas J. Etergino sold 4,500 shares of the company’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $4.40, for a total transaction of $19,800.00. Following the transaction, the chief financial officer now owns 111,200 shares in the company, valued at $489,280. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

1stdibs.Com Price Performance

Shares of DIBS stock opened at $4.20 on Thursday. The stock has a market cap of $165.40 million, a PE ratio of -9.55 and a beta of 0.97. The stock has a 50-day moving average of $5.24 and a 200-day moving average of $5.19. 1stdibs.Com, Inc. has a one year low of $3.52 and a one year high of $6.30.

1stdibs.Com (NASDAQ:DIBSGet Free Report) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.01. The company had revenue of $22.10 million for the quarter, compared to analysts’ expectations of $21.23 million. 1stdibs.Com had a negative net margin of 21.13% and a negative return on equity of 13.25%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the firm posted ($0.21) earnings per share. As a group, research analysts anticipate that 1stdibs.Com, Inc. will post -0.37 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Evercore ISI upgraded shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $6.00 to $8.00 in a report on Monday, March 18th.

Read Our Latest Report on DIBS

Institutional Investors Weigh In On 1stdibs.Com

Several large investors have recently modified their holdings of the business. Virtu Financial LLC increased its stake in 1stdibs.Com by 23.8% during the 1st quarter. Virtu Financial LLC now owns 12,436 shares of the company’s stock worth $74,000 after purchasing an additional 2,389 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in 1stdibs.Com by 57.2% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 111,933 shares of the company’s stock worth $667,000 after purchasing an additional 40,735 shares during the period. Quadrature Capital Ltd bought a new position in 1stdibs.Com during the 1st quarter worth about $124,000. Acadian Asset Management LLC raised its stake in shares of 1stdibs.Com by 198.0% in the 1st quarter. Acadian Asset Management LLC now owns 130,544 shares of the company’s stock valued at $776,000 after purchasing an additional 86,740 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of 1stdibs.Com by 7.3% in the first quarter. Vanguard Group Inc. now owns 1,259,464 shares of the company’s stock valued at $7,506,000 after purchasing an additional 85,757 shares in the last quarter. 66.97% of the stock is currently owned by institutional investors.

About 1stdibs.Com

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for 1stdibs.Com (NASDAQ:DIBS)

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