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

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (e+)” rating restated by stock analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

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

1stdibs.Com Stock Performance

NASDAQ DIBS opened at $4.00 on Friday. The stock has a 50 day moving average price of $3.68 and a 200-day moving average price of $4.14. 1stdibs.Com has a one year low of $3.37 and a one year high of $6.30. The company has a market capitalization of $146.04 million, a P/E ratio of -9.52 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last posted its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share 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 during the quarter, compared to the consensus estimate of $21.61 million. During the same quarter last year, the firm earned ($0.08) earnings per share. As a group, equities analysts predict that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

Insider Transactions at 1stdibs.Com

In related news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the sale, the insider now directly owns 12,477 shares of the company’s stock, valued at $49,159.38. This represents a 49.03 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 20.28% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. State Street Corp boosted its holdings in 1stdibs.Com by 2.1% during the 3rd quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after acquiring an additional 5,985 shares during the period. Barclays PLC boosted its stake in shares of 1stdibs.Com by 286.6% during the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock valued at $150,000 after purchasing an additional 25,341 shares during the period. Joel Isaacson & Co. LLC grew its holdings in shares of 1stdibs.Com by 24.0% in the third quarter. Joel Isaacson & Co. LLC now owns 869,612 shares of the company’s stock worth $3,835,000 after purchasing an additional 168,226 shares during the last quarter. Harspring Capital Management LLC increased its stake in 1stdibs.Com by 83.2% in the 3rd 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 during the period. Finally, JPMorgan Chase & Co. lifted its holdings in 1stdibs.Com by 151.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after buying an additional 64,107 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.