Jeffrey Benjamin Sells 14,540 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 14,540 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $56.80, for a total value of $825,872.00. Following the transaction, the director owned 530,124 shares of the company’s stock, valued at approximately $30,111,043.20. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gold.com Trading Down 3.8%

GOLD stock opened at $52.50 on Friday. Gold.com Inc. has a 1 year low of $19.39 and a 1 year high of $66.70. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 111.70 and a beta of 0.40. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 0.43.

Gold.com (NYSE:GOLD) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.70 by $0.21. Gold.com had a net margin of 0.08% and a return on equity of 7.56%. The business had revenue of $6.48 billion during the quarter, compared to analyst estimates of $3.41 billion.

Gold.com Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, February 20th. Gold.com’s payout ratio is presently 170.21%.

Analyst Upgrades and Downgrades

GOLD has been the topic of several analyst reports. Roth Mkm set a $60.00 price target on shares of Gold.com in a research note on Wednesday, January 28th. Northland Securities upgraded Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price objective for the company in a research report on Friday, February 6th. Zacks Research raised Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. DA Davidson raised their target price on Gold.com from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Weiss Ratings started coverage on Gold.com in a research note on Wednesday, January 14th. They set a “hold (c-)” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Gold.com has an average rating of “Buy” and an average price target of $59.00.

Institutional Trading of Gold.com

Several institutional investors and hedge funds have recently added to or reduced their stakes in GOLD. Yacktman Asset Management LP acquired a new stake in shares of Gold.com during the fourth quarter worth $238,000. Mutual Advisors LLC purchased a new stake in shares of Gold.com during the fourth quarter valued at $1,027,000. Caldwell Sutter Capital Inc. acquired a new position in shares of Gold.com in the 4th quarter valued at $1,454,000. Pekin Hardy Strauss Inc. acquired a new position in shares of Gold.com in the 4th quarter valued at $298,000. Finally, D.A. Davidson & CO. purchased a new position in Gold.com in the 4th quarter worth about $628,000. 62.85% of the stock is owned by institutional investors and hedge funds.

Gold.com Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in 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 various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.