1stdibs.Com (NASDAQ:DIBS) Receives Sell (D-) Rating from Weiss Ratings

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (d-)” rating reissued by research analysts at Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

Separately, JMP Securities reiterated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Trading Up 0.8 %

NASDAQ:DIBS traded up $0.03 during mid-day trading on Friday, hitting $3.63. 109,609 shares of the company’s stock were exchanged, compared to its average volume of 100,659. 1stdibs.Com has a fifty-two week low of $3.37 and a fifty-two week high of $6.30. The firm has a market capitalization of $132.53 million, a P/E ratio of -8.64 and a beta of 0.94. The company has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $4.21.

1stdibs.Com (NASDAQ:DIBS) last posted its quarterly earnings data on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $21.19 million during the quarter, compared to analyst estimates of $21.61 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. During the same period in the prior year, the firm earned ($0.08) earnings per share. As a group, analysts expect that 1stdibs.Com will post -0.52 earnings per share for the current year.

Insider Activity at 1stdibs.Com

In other news, insider Matthew Rubinger sold 12,002 shares of 1stdibs.Com stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the sale, the insider now owns 12,477 shares in the company, valued at $49,159.38. The trade was a 49.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 20.28% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On 1stdibs.Com

Large investors have recently bought and sold shares of the stock. American Century Companies Inc. bought a new position in shares of 1stdibs.Com during the 2nd quarter worth about $54,000. SG Americas Securities LLC acquired a new position in 1stdibs.Com during the 3rd quarter worth approximately $56,000. Pitcairn Co. bought a new position in 1stdibs.Com in the third quarter worth approximately $65,000. Garden State Investment Advisory Services LLC acquired a new stake in 1stdibs.Com in the third quarter valued at approximately $93,000. Finally, Rhumbline Advisers increased its holdings in shares of 1stdibs.Com by 6,785.5% during the second quarter. Rhumbline Advisers now owns 25,201 shares of the company’s stock valued at $113,000 after acquiring an additional 24,835 shares in the last quarter. 66.97% of the stock is currently owned by institutional investors and hedge funds.

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.