Beck Mack & Oliver LLC boosted its position in 1stdibs.Com, Inc. (NASDAQ:DIBS – Free Report) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,289,310 shares of the company’s stock after acquiring an additional 73,991 shares during the quarter. Beck Mack & Oliver LLC owned approximately 0.09% of 1stdibs.Com worth $11,644,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently bought and sold shares of DIBS. Intech Investment Management LLC acquired a new stake in shares of 1stdibs.Com in the fourth quarter worth $36,000. Wells Fargo & Company MN boosted its holdings in 1stdibs.Com by 26.0% in the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock valued at $50,000 after purchasing an additional 2,939 shares during the period. XTX Topco Ltd acquired a new stake in 1stdibs.Com in the 4th quarter worth $84,000. Garden State Investment Advisory Services LLC bought a new position in shares of 1stdibs.Com during the 3rd quarter worth about $93,000. Finally, Barclays PLC raised its position in shares of 1stdibs.Com by 17.6% during 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 during the last quarter. Institutional investors own 66.97% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Tuesday, April 8th.
1stdibs.Com Trading Up 2.9 %
Shares of NASDAQ DIBS opened at $2.45 on Friday. 1stdibs.Com, Inc. has a 1-year low of $2.30 and a 1-year high of $6.20. The company has a 50-day moving average of $3.19 and a two-hundred day moving average of $3.67. The company has a market cap of $87.45 million, a PE ratio of -5.83 and a beta of 1.01.
1stdibs.Com (NASDAQ:DIBS – Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.03. The firm had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. As a group, equities research analysts forecast that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current year.
1stdibs.Com Profile
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.
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