David Rosenblatt Sells 595,071 Shares of 1stdibs.com (NASDAQ:DIBS) Stock

1stdibs.com, Inc. (NASDAQ:DIBS) CEO David Rosenblatt sold 595,071 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $5.09, for a total value of $3,028,911.39. Following the completion of the transaction, the chief executive officer owned 1,917,493 shares in the company, valued at approximately $9,760,039.37. This represents a 23.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

1stdibs.com Trading Up 6.0%

Shares of NASDAQ:DIBS opened at $5.69 on Friday. 1stdibs.com, Inc. has a 1-year low of $2.30 and a 1-year high of $5.75. The stock has a market capitalization of $208.31 million, a P/E ratio of -11.38 and a beta of 1.11. The business has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $2.99.

1stdibs.com (NASDAQ:DIBS) last issued its earnings results on Friday, November 7th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.03. The company had revenue of $21.97 million for the quarter, compared to analyst estimates of $21.51 million. 1stdibs.com had a negative net margin of 19.94% and a negative return on equity of 18.56%. 1stdibs.com has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that 1stdibs.com, Inc. will post -0.52 EPS for the current year.

Institutional Trading of 1stdibs.com

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Wall Street Zen raised 1stdibs.com from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1stdibs.com in a report on Tuesday. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

1stdibs.com Company 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.