Gold.com (NYSE:GOLD) Director Sells $4,581,408.26 in Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 75,179 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.94, for a total value of $4,581,408.26. Following the completion of the transaction, the director directly owned 94,240 shares in the company, valued at $5,742,985.60. The trade was a 44.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Gold.com Stock Performance

Gold.com stock opened at $58.74 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.66. The stock has a market cap of $1.49 billion, a PE ratio of 124.98 and a beta of 0.41. Gold.com Inc. has a 1 year low of $19.39 and a 1 year high of $66.70.

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

Gold.com Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. Gold.com’s payout ratio is 170.21%.

Institutional Investors Weigh In On Gold.com

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC acquired a new position in Gold.com during the 4th quarter worth approximately $35,000. Larson Financial Group LLC bought a new stake in shares of Gold.com in the fourth quarter worth $41,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Gold.com in the fourth quarter worth $42,000. State of Alaska Department of Revenue acquired a new position in Gold.com during the fourth quarter worth $44,000. Finally, New York State Teachers Retirement System bought a new position in Gold.com in the fourth quarter valued at $55,000. Institutional investors and hedge funds own 62.85% of the company’s stock.

Wall Street Analyst Weigh In

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

About Gold.com

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.