Gold.com (NYSE:GOLD) Director Jeffrey Benjamin Sells 3,652 Shares

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 3,652 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $47.07, for a total transaction of $171,899.64. Following the completion of the sale, the director owned 300,613 shares of the company’s stock, valued at approximately $14,149,853.91. The trade was a 1.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Gold.com Stock Down 3.3%

Shares of GOLD opened at $45.35 on Friday. Gold.com Inc. has a 12-month low of $23.00 and a 12-month high of $66.70. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 15.53 and a beta of 0.56. The stock’s 50-day moving average price is $43.48 and its 200 day moving average price is $43.79.

Gold.com (NYSE:GOLD) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). The firm had revenue of $5.01 billion during the quarter, compared to the consensus estimate 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. Equities research analysts expect that Gold.com Inc. will post 3.73 EPS for the current year.

Gold.com Announces Dividend

The company also recently announced a special dividend, which will be paid on Monday, September 28th. Investors 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 dividend payout ratio (DPR) is 27.40%.

Analyst Ratings Changes

GOLD has been the subject of a number of recent research reports. Canaccord Genuity Group dropped their price objective on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Wall Street Zen cut shares of Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday, September 12th. Northland Securities set a $55.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Finally, DA Davidson restated a “buy” rating and set a $60.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $58.00.

Hedge Funds Weigh In On Gold.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC acquired a new stake in shares of Gold.com during the second quarter worth approximately $125,000. WINTON GROUP Ltd raised its position in Gold.com by 7.6% in the 2nd quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock valued at $412,000 after purchasing an additional 700 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Gold.com during the second quarter worth $225,000. Squarepoint Ops LLC acquired a new stake in shares of Gold.com in the second quarter valued at $387,000. Finally, Arizona State Retirement System raised its holdings in shares of Gold.com by 7.1% in the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock valued at $226,000 after buying an additional 359 shares during the last quarter. 62.85% of the stock is currently owned by institutional investors and hedge funds.

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.