1stdibs.Com, Inc. (NASDAQ:DIBS) Insider Matthew Rubinger Sells 8,133 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS) insider Matthew Rubinger sold 8,133 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $3.60, for a total transaction of $29,278.80. Following the sale, the insider now directly owns 26,030 shares in the company, valued at $93,708. This trade represents a 23.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

1stdibs.Com Stock Down 1.6 %

1stdibs.Com stock opened at $3.15 on Thursday. The business has a 50-day simple moving average of $3.75 and a two-hundred day simple moving average of $4.05. The company has a market cap of $111.52 million, a P/E ratio of -7.50 and a beta of 0.96. 1stdibs.Com, Inc. has a 52-week low of $3.12 and a 52-week high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings results on Friday, February 28th. The company reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.03. The business had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. Research analysts anticipate that 1stdibs.Com, Inc. will post -0.52 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. JMP Securities reissued a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Friday, March 7th.

Hedge Funds Weigh In On 1stdibs.Com

A number of hedge funds have recently made changes to their positions in DIBS. J. Goldman & Co LP bought a new stake in 1stdibs.Com during the 4th quarter valued at approximately $2,076,000. Landscape Capital Management L.L.C. bought a new stake in shares of 1stdibs.Com during the fourth quarter valued at approximately $1,007,000. Harspring Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 83.2% in the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock worth $1,942,000 after buying an additional 199,951 shares in the last quarter. FIL Ltd boosted its position in shares of 1stdibs.Com by 11.9% during the fourth quarter. FIL Ltd now owns 1,450,000 shares of the company’s stock worth $5,133,000 after acquiring an additional 154,423 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in 1stdibs.Com by 16.8% during the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after acquiring an additional 95,292 shares in the last quarter. Institutional investors own 66.97% of the company’s stock.

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.