1stdibs.Com (NASDAQ:DIBS) Receives “Sell (D-)” Rating from Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research report report published on Saturday morning,Weiss Ratings reports.

Separately, JMP Securities restated a “market perform” rating on shares of 1stdibs.Com in a report on Monday, December 16th.

1stdibs.Com Trading Up 0.8 %

NASDAQ:DIBS traded up $0.03 on Friday, hitting $3.63. 109,609 shares of the stock were exchanged, compared to its average volume of 100,659. The stock has a fifty day moving average of $3.73 and a 200-day moving average of $4.21. The stock has a market cap of $132.53 million, a PE ratio of -8.64 and a beta of 0.94. 1stdibs.Com has a fifty-two week low of $3.37 and a fifty-two week high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last posted its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The business had revenue of $21.19 million for the quarter, compared to analyst estimates of $21.61 million. During the same period last year, the company posted ($0.08) EPS. As a group, analysts predict that 1stdibs.Com will post -0.52 earnings per share for the current year.

Insider Activity at 1stdibs.Com

In other news, insider Matthew Rubinger sold 12,002 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the transaction, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. This represents a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 20.28% of the company’s stock.

Hedge Funds Weigh In On 1stdibs.Com

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in shares of 1stdibs.Com during the 2nd quarter valued at approximately $333,000. Rhumbline Advisers raised its holdings in 1stdibs.Com by 6,785.5% in the second quarter. Rhumbline Advisers now owns 25,201 shares of the company’s stock valued at $113,000 after acquiring an additional 24,835 shares in the last quarter. American Century Companies Inc. acquired a new position in 1stdibs.Com during the 2nd quarter worth $54,000. Dimensional Fund Advisors LP increased its position in shares of 1stdibs.Com by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company’s stock worth $810,000 after purchasing an additional 6,387 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of 1stdibs.Com by 74.6% in the 2nd quarter. Renaissance Technologies LLC now owns 536,000 shares of the company’s stock valued at $2,407,000 after purchasing an additional 229,000 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

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.