1stdibs.Com, Inc. (NASDAQ:DIBS) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP lowered its stake in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,746 shares of the company’s stock after selling 8,466 shares during the quarter. Two Sigma Investments LP owned about 0.31% of 1stdibs.Com worth $403,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of DIBS. Two Sigma Advisers LP raised its position in 1stdibs.Com by 2.0% in the fourth quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock worth $451,000 after acquiring an additional 2,500 shares in the last quarter. Wells Fargo & Company MN raised its holdings in 1stdibs.Com by 26.0% during the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after buying an additional 2,939 shares during the period. Barclays PLC raised its holdings in 1stdibs.Com by 17.6% during the 4th quarter. Barclays PLC now owns 40,192 shares of the company’s stock worth $142,000 after buying an additional 6,010 shares during the period. Bank of America Corp DE raised its holdings in 1stdibs.Com by 31.8% during the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock worth $94,000 after buying an additional 6,424 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in 1stdibs.Com during the 4th quarter worth about $36,000. Institutional investors and hedge funds own 66.97% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on DIBS shares. Wall Street Zen downgraded 1stdibs.Com from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a report on Saturday, May 24th.

1stdibs.Com Price Performance

Shares of DIBS opened at $2.89 on Wednesday. The company has a market capitalization of $103.13 million, a price-to-earnings ratio of -6.88 and a beta of 1.03. 1stdibs.Com, Inc. has a fifty-two week low of $2.30 and a fifty-two week high of $5.67. The business’s 50-day moving average is $2.52 and its 200-day moving average is $3.23.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Wednesday, May 14th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.01). The business 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%. Equities research analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

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.