Moorhead John Sells 1,500 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 1,500 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $48.41, for a total transaction of $72,615.00. Following the transaction, the director directly owned 28,756 shares in the company, valued at $1,392,077.96. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Moorhead John also recently made the following trade(s):

• On Monday, September 14th, Moorhead John sold 1,000 shares of Gold.com stock. The stock was sold at an average price of $47.34, for a total transaction of $47,340.00.

Gold.com Stock Performance

NYSE:GOLD opened at $46.92 on Thursday. Gold.com Inc. has a 52 week low of $23.00 and a 52 week high of $66.70. The firm has a 50-day moving average price of $43.26 and a two-hundred day moving average price of $43.85. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 16.07 and a beta of 0.56.

Gold.com (NYSE:GOLD) last announced its earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). The business had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. Gold.com had a return on equity of 17.22% and a net margin of 0.32%.During the same quarter in the previous year, the firm earned $0.41 EPS. As a group, sell-side analysts forecast that Gold.com Inc. will post 3.73 earnings per share for the current year.

Gold.com Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be given a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is currently 27.40%.

Analyst Ratings Changes

GOLD has been the subject of several research analyst reports. Northland Securities set a $55.00 target price on Gold.com in a research report on Thursday, September 3rd. DA Davidson reissued a “buy” rating and issued a $60.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Canaccord Genuity Group reduced their price target on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Gold.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.

Institutional Trading of Gold.com

Large investors have recently bought and sold shares of the company. Jacobs Asset Management LLC purchased a new stake in Gold.com in the 4th quarter worth about $10,215,000. Bard Associates Inc. bought a new stake in Gold.com in the 4th quarter valued at about $3,078,000. Gamco Investors INC. ET AL purchased a new stake in Gold.com during the fourth quarter valued at about $1,083,000. Y Intercept Hong Kong Ltd purchased a new stake in Gold.com during the first quarter valued at about $2,618,000. Finally, Hsbc Holdings PLC boosted its position in Gold.com by 283.3% during the second quarter. Hsbc Holdings PLC now owns 36,773 shares of the company’s stock worth $1,076,000 after purchasing an additional 27,180 shares during the period. 62.85% of the stock is owned by hedge funds and other institutional investors.

About Gold.com

Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.