Insight Holdings Group, Llc Sells 35,313 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 35,313 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $5.05, for a total value of $178,330.65. Following the sale, the insider now owns 51,125 shares of the company’s stock, valued at approximately $258,181.25. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, April 17th, Insight Holdings Group, Llc sold 45,420 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.00, for a total value of $227,100.00.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.00, for a total value of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.01, for a total value of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.03, for a total value of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.06, for a total value of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.19, for a total value of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Stock Up 4.1 %

1stdibs.Com stock opened at $5.31 on Friday. The business has a 50 day moving average price of $5.41 and a two-hundred day moving average price of $4.74. The stock has a market cap of $211.18 million, a price-to-earnings ratio of -9.32 and a beta of 1.07. 1stdibs.Com, Inc. has a 12 month low of $3.44 and a 12 month high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. The business had revenue of $20.92 million during the quarter, compared to analysts’ expectations of $19.77 million. On average, analysts expect that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Evercore ISI raised 1stdibs.Com from an “in-line” rating to an “outperform” rating and upped their price target for the company from $6.00 to $8.00 in a report on Monday, March 18th.

Hedge Funds Weigh In On 1stdibs.Com

Hedge funds have recently modified their holdings of the stock. BlackRock Inc. grew its position in 1stdibs.Com by 141.7% during the 1st quarter. BlackRock Inc. now owns 877,698 shares of the company’s stock worth $7,013,000 after acquiring an additional 514,489 shares during the last quarter. Vanguard Group Inc. grew its position in 1stdibs.Com by 155.6% during the 1st quarter. Vanguard Group Inc. now owns 726,244 shares of the company’s stock worth $5,802,000 after acquiring an additional 442,072 shares during the last quarter. B. Riley Asset Management LLC bought a new stake in 1stdibs.Com during the 4th quarter worth approximately $1,410,000. Metavasi Capital LP bought a new stake in 1stdibs.Com during the 4th quarter worth approximately $1,369,000. Finally, Renaissance Technologies LLC bought a new stake in 1stdibs.Com during the 1st quarter worth approximately $1,671,000. 66.97% of the stock is owned by institutional investors and hedge funds.

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.