1stdibs.com (NASDAQ:DIBS) CFO Thomas Etergino Sells 27,066 Shares

1stdibs.com, Inc. (NASDAQ:DIBS) CFO Thomas Etergino sold 27,066 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $5.96, for a total transaction of $161,313.36. Following the completion of the sale, the chief financial officer owned 266,885 shares in the company, valued at approximately $1,590,634.60. The trade was a 9.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

1stdibs.com Stock Down 3.9%

Shares of 1stdibs.com stock opened at $6.00 on Thursday. The firm has a market cap of $219.50 million, a price-to-earnings ratio of -11.94 and a beta of 1.06. 1stdibs.com, Inc. has a twelve month low of $2.30 and a twelve month high of $6.62. The business has a 50-day moving average price of $4.15 and a 200-day moving average price of $3.22.

1stdibs.com (NASDAQ:DIBS) last released its quarterly earnings results on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.03. The business had revenue of $21.97 million during the quarter, compared to analysts’ expectations of $21.51 million. 1stdibs.com had a negative return on equity of 18.56% and a negative net margin of 19.94%. On average, equities analysts expect that 1stdibs.com, Inc. will post -0.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. grew its position in 1stdibs.com by 59.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,395 shares of the company’s stock valued at $27,000 after acquiring an additional 3,862 shares during the last quarter. Catalyst Funds Management Pty Ltd bought a new stake in shares of 1stdibs.com during the second quarter valued at approximately $30,000. Jump Financial LLC purchased a new stake in shares of 1stdibs.com in the 2nd quarter worth $30,000. Bank of America Corp DE grew its position in shares of 1stdibs.com by 43.5% during the 3rd quarter. Bank of America Corp DE now owns 13,216 shares of the company’s stock worth $34,000 after buying an additional 4,006 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of 1stdibs.com in the third quarter valued at about $34,000. Institutional investors own 66.97% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on DIBS. Weiss Ratings restated a “sell (d-)” rating on shares of 1stdibs.com in a report on Monday. Wall Street Zen raised 1stdibs.com from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, 1stdibs.com has an average rating of “Reduce”.

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.