Gold.com (NYSE:GOLD) EVP Sells 4,000 Shares

Gold.com Inc. (NYSE:GOLD) EVP Carol Meltzer sold 4,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $46.86, for a total transaction of $187,440.00. Following the completion of the transaction, the executive vice president owned 1,500 shares of the company’s stock, valued at approximately $70,290. The trade was a 72.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Gold.com Stock Up 3.6%

NYSE GOLD traded up $1.71 during trading hours on Wednesday, reaching $49.18. 382,295 shares of the company’s stock traded hands, compared to its average volume of 613,846. Gold.com Inc. has a 52-week low of $22.00 and a 52-week high of $66.70. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.18 and a quick ratio of 0.29. The firm has a 50-day simple moving average of $42.73 and a 200 day simple moving average of $44.27. The firm has a market cap of $1.43 billion, a PE ratio of 16.83 and a beta of 0.56.

Gold.com (NYSE:GOLD) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a return on equity of 18.15% and a net margin of 0.32%.The business had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. During the same quarter last year, the company posted $0.41 EPS. Sell-side analysts anticipate that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Dividend Announcement

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com’s dividend payout ratio is presently 27.40%.

Institutional Trading of Gold.com

A number of large investors have recently made changes to their positions in the stock. CWM LLC purchased a new position in shares of Gold.com during the fourth quarter valued at approximately $35,000. Larson Financial Group LLC purchased a new stake in Gold.com in the fourth quarter worth approximately $41,000. Caitong International Asset Management Co. Ltd purchased a new stake in Gold.com in the fourth quarter worth approximately $42,000. New York State Teachers Retirement System bought a new stake in Gold.com in the 4th quarter worth approximately $55,000. Finally, CANADA LIFE ASSURANCE Co bought a new stake in Gold.com in the 4th quarter worth approximately $76,000. 62.85% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

GOLD has been the subject of a number of recent research reports. Canaccord Genuity Group lowered their price objective on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Northland Securities set a $55.00 target price on Gold.com in a research note on Thursday, September 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Zacks Research lowered Gold.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, DA Davidson reiterated a “buy” rating and issued a $60.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Gold.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.

About Gold.com

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.