Bridgeway Capital Management LLC boosted its stake in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS – Free Report) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 139,300 shares of the company’s stock after buying an additional 31,600 shares during the quarter. Bridgeway Capital Management LLC owned 0.38% of 1stdibs.Com worth $493,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIBS. Intech Investment Management LLC purchased a new stake in shares of 1stdibs.Com during the 4th quarter worth approximately $36,000. Wells Fargo & Company MN raised its holdings in 1stdibs.Com by 26.0% during the fourth quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after purchasing an additional 2,939 shares during the last quarter. XTX Topco Ltd purchased a new stake in 1stdibs.Com during the fourth quarter worth $84,000. Bank of America Corp DE grew its holdings in 1stdibs.Com by 31.8% in the fourth quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock valued at $94,000 after purchasing an additional 6,424 shares during the last quarter. Finally, Barclays PLC increased its position in shares of 1stdibs.Com by 17.6% in the fourth quarter. Barclays PLC now owns 40,192 shares of the company’s stock valued at $142,000 after buying an additional 6,010 shares in the last quarter. 66.97% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 1stdibs.Com in a research report on Saturday.
1stdibs.Com Price Performance
Shares of DIBS opened at $2.70 on Monday. 1stdibs.Com, Inc. has a 1-year low of $2.30 and a 1-year high of $6.20. The stock has a market cap of $96.37 million, a price-to-earnings ratio of -6.43 and a beta of 1.03. The firm has a 50 day simple moving average of $2.76 and a 200-day simple moving average of $3.46.
1stdibs.Com (NASDAQ:DIBS – Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The company had revenue of $22.55 million for the quarter, compared to analysts’ expectations of $22.28 million. On average, equities analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than 1stdibs.Com
- How to Find Undervalued Stocks
- Constellation Powers Up With Reinforced AI Data Center Strategy
- What Does Downgrade Mean in Investing?
- Top Analyst-Rated Healthcare Stocks to Watch Now
- With Risk Tolerance, One Size Does Not Fit All
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
Receive News & Ratings for 1stdibs.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1stdibs.Com and related companies with MarketBeat.com's FREE daily email newsletter.