Gold.com (NYSE:GOLD) Director Jeffrey Benjamin Sells 7,067 Shares of Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 7,067 shares of the business’s stock in a transaction on Friday, September 18th. The shares were sold at an average price of $45.24, for a total transaction of $319,711.08. Following the sale, the director directly owned 293,546 shares of the company’s stock, valued at approximately $13,280,021.04. The trade was a 2.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Gold.com Stock Up 2.1%

NYSE:GOLD traded up $0.91 on Tuesday, reaching $44.71. 690,883 shares of the company’s stock traded hands, compared to its average volume of 622,904. The stock has a 50-day simple moving average of $43.59 and a 200-day simple moving average of $43.61. Gold.com Inc. has a 12 month low of $23.00 and a 12 month high of $66.70. The firm has a market cap of $1.30 billion, a PE ratio of 15.31 and a beta of 0.56.

Gold.com (NYSE:GOLD) last released its earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.55). The business had revenue of $5.01 billion for 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 prior year, the business posted $0.41 EPS. On average, equities analysts anticipate that Gold.com Inc. will post 3.73 earnings per share for the current year.

Gold.com Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s dividend payout ratio (DPR) is 27.40%.

Analyst Ratings Changes

A number of brokerages recently weighed in on GOLD. Wall Street Zen lowered shares of Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Northland Securities set a $55.00 price objective on shares of Gold.com in a report on Thursday, September 3rd. DA Davidson restated a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th. Finally, Canaccord Genuity Group decreased their price objective on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.

Institutional Trading of Gold.com

A number of hedge funds have recently bought and sold shares of GOLD. Empowered Funds LLC boosted its position in Gold.com by 42.5% during the 1st quarter. Empowered Funds LLC now owns 277,029 shares of the company’s stock valued at $11,103,000 after acquiring an additional 82,637 shares in the last quarter. Jacobs Asset Management LLC bought a new stake in Gold.com during the fourth quarter valued at about $10,215,000. CenterBook Partners LP purchased a new position in Gold.com in the fourth quarter valued at about $9,171,000. Bank of New York Mellon Corp bought a new position in Gold.com in the second quarter worth about $7,143,000. Finally, Pacer Advisors Inc. bought a new position in Gold.com in the fourth quarter worth about $6,185,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

Gold.com Company Profile

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.