Barclays PLC Buys 6,010 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS)

Barclays PLC grew its position in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 17.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 40,192 shares of the company’s stock after acquiring an additional 6,010 shares during the period. Barclays PLC owned 0.11% of 1stdibs.Com worth $142,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Intech Investment Management LLC acquired a new position in 1stdibs.Com in the 4th quarter worth about $36,000. Wells Fargo & Company MN grew its holdings in shares of 1stdibs.Com by 26.0% during the fourth quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after purchasing an additional 2,939 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of 1stdibs.Com by 151.6% in the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after buying an additional 64,107 shares during the period. Landscape Capital Management L.L.C. bought a new position in 1stdibs.Com in the 4th quarter valued at approximately $1,007,000. Finally, FIL Ltd raised its holdings in 1stdibs.Com by 11.9% in the 4th quarter. FIL Ltd now owns 1,450,000 shares of the company’s stock valued at $5,133,000 after buying an additional 154,423 shares during the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research report on Saturday.

1stdibs.Com Stock Down 3.3%

Shares of NASDAQ:DIBS opened at $2.61 on Wednesday. The firm has a market cap of $93.16 million, a P/E ratio of -6.21 and a beta of 1.03. 1stdibs.Com, Inc. has a 12-month low of $2.30 and a 12-month high of $6.14. The business has a fifty day simple moving average of $2.72 and a 200 day simple moving average of $3.44.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The company had revenue of $22.55 million during the quarter, compared to analyst estimates of $22.28 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. As a group, equities research analysts expect that 1stdibs.Com, Inc. will post -0.52 EPS for the current year.

About 1stdibs.Com

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.