Insider Selling: 1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Sells 23,655 Shares of Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 23,655 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $4.47, for a total transaction of $105,737.85. Following the completion of the sale, the insider now directly owns 61,795 shares of the company’s stock, valued at $276,223.65. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Thursday, November 16th, Insight Holdings Group, Llc sold 8,118 shares of 1stdibs.Com stock. The shares were sold at an average price of $4.67, for a total transaction of $37,911.06.

1stdibs.Com Stock Down 0.7 %

1stdibs.Com stock traded down $0.03 during mid-day trading on Monday, reaching $4.40. The company had a trading volume of 57,175 shares, compared to its average volume of 143,216. 1stdibs.Com, Inc. has a 52 week low of $3.44 and a 52 week high of $6.63. The company has a 50 day moving average of $3.98 and a 200-day moving average of $3.95. The firm has a market cap of $175.92 million, a price-to-earnings ratio of -6.47 and a beta of 0.92.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings results on Wednesday, November 8th. The company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.10. 1stdibs.Com had a negative net margin of 30.70% and a negative return on equity of 18.83%. The firm had revenue of $20.70 million during the quarter, compared to the consensus estimate of $20.58 million. During the same period in the prior year, the firm earned ($0.23) EPS. The business’s revenue was down 8.8% on a year-over-year basis. On average, analysts predict that 1stdibs.Com, Inc. will post -0.61 earnings per share for the current fiscal year.

Institutional Trading of 1stdibs.Com

A number of hedge funds have recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc. raised its stake in shares of 1stdibs.Com by 99.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 121,149 shares of the company’s stock valued at $441,000 after buying an additional 60,529 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of 1stdibs.Com in the 3rd quarter valued at $37,000. Citigroup Inc. raised its stake in shares of 1stdibs.Com by 3,859,850.0% in the 3rd quarter. Citigroup Inc. now owns 77,199 shares of the company’s stock valued at $281,000 after buying an additional 77,197 shares in the last quarter. Banco Santander S.A. raised its stake in shares of 1stdibs.Com by 21.1% in the 3rd quarter. Banco Santander S.A. now owns 13,937 shares of the company’s stock valued at $51,000 after buying an additional 2,433 shares in the last quarter. Finally, Barclays PLC acquired a new position in shares of 1stdibs.Com in the 3rd quarter valued at $38,000. 51.06% of the stock is owned by institutional investors.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for vintage, antique, and contemporary furniture, home décor, jewelry, watches, art, and fashion products worldwide. It offers online marketplace that enables commerce between sellers and buyers. The company was incorporated in 2000 and is headquartered in New York, New York.