Insider Selling: Gold.com (NYSE:GOLD) Director Sells $300,926.82 in Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 4,821 shares of Gold.com stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $62.42, for a total transaction of $300,926.82. Following the transaction, the director directly owned 169,419 shares in the company, valued at approximately $10,575,133.98. The trade was a 2.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Gold.com Stock Performance

Gold.com stock opened at $58.74 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.21 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 124.98 and a beta of 0.41. Gold.com Inc. has a twelve month low of $19.39 and a twelve month high of $66.70.

Gold.com (NYSE:GOLD) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.21. The business had revenue of $6.48 billion for the quarter, compared to the consensus estimate of $3.41 billion. Gold.com had a return on equity of 7.56% and a net margin of 0.08%.

Gold.com Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th will be issued a $0.20 dividend. The ex-dividend date is Friday, February 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.4%. Gold.com’s payout ratio is currently 170.21%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Yacktman Asset Management LP purchased a new position in Gold.com during the 4th quarter worth approximately $238,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Gold.com in the fourth quarter worth $105,000. Mutual Advisors LLC purchased a new position in shares of Gold.com during the fourth quarter worth $1,027,000. D.A. Davidson & CO. acquired a new position in Gold.com during the fourth quarter valued at $628,000. Finally, Pekin Hardy Strauss Inc. purchased a new stake in Gold.com in the fourth quarter valued at $298,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on GOLD shares. Weiss Ratings initiated coverage on shares of Gold.com in a research report on Wednesday, January 14th. They issued a “hold (c-)” rating on the stock. Zacks Research upgraded shares of Gold.com from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. DA Davidson upped their price target on Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Roth Mkm set a $60.00 price objective on Gold.com in a report on Wednesday, January 28th. Finally, Northland Securities raised Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price objective for the company in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Gold.com currently has an average rating of “Buy” and an average price target of $59.00.

About Gold.com

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in 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 various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.