1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Sells $227,100.00 in Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 45,420 shares of the stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $5.00, for a total transaction of $227,100.00. Following the transaction, the insider now owns 50,235 shares in the company, valued at $251,175. The sale was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Monday, April 15th, Insight Holdings Group, Llc sold 35,313 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.05, for a total transaction of $178,330.65.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.00, for a total transaction of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.01, for a total transaction of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.03, for a total transaction of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.06, for a total transaction of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.19, for a total transaction of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total transaction of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Trading Up 0.2 %

Shares of NASDAQ DIBS opened at $5.32 on Friday. 1stdibs.Com, Inc. has a twelve month low of $3.44 and a twelve month high of $6.30. The stock has a 50 day moving average of $5.42 and a two-hundred day moving average of $4.75. The stock has a market cap of $211.58 million, a P/E ratio of -9.33 and a beta of 1.07.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.03. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. The business had revenue of $20.92 million during the quarter, compared to analysts’ expectations of $19.77 million. As a group, research analysts predict that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Evercore ISI upgraded 1stdibs.Com from an “in-line” rating to an “outperform” rating and boosted their price objective for the company from $6.00 to $8.00 in a research note on Monday, March 18th.

Institutional Investors Weigh In On 1stdibs.Com

Large investors have recently modified their holdings of the stock. Barclays PLC raised its stake in shares of 1stdibs.Com by 533.2% during the fourth quarter. Barclays PLC now owns 6,357 shares of the company’s stock worth $32,000 after purchasing an additional 5,353 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in 1stdibs.Com in the first quarter worth $25,000. UBS Group AG purchased a new position in 1stdibs.Com in the fourth quarter worth $33,000. California State Teachers Retirement System raised its position in 1stdibs.Com by 114.1% in the first quarter. California State Teachers Retirement System now owns 8,703 shares of the company’s stock worth $70,000 after acquiring an additional 4,638 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in 1stdibs.Com in the fourth quarter worth $47,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.

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.