Gold.com (NYSE:GOLD) Director Jeffrey Benjamin Sells 75,179 Shares

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 75,179 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $60.94, for a total value of $4,581,408.26. Following the completion of the sale, the director directly owned 94,240 shares of the company’s stock, valued at $5,742,985.60. This represents a 44.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gold.com Stock Down 3.4%

Shares of NYSE GOLD traded down $2.08 during trading on Tuesday, reaching $58.83. 1,114,710 shares of the stock traded hands, compared to its average volume of 945,437. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.66. The stock has a market capitalization of $1.49 billion, a PE ratio of 125.17 and a beta of 0.40. Gold.com Inc. has a 52-week low of $19.39 and a 52-week high of $66.70.

Gold.com (NYSE:GOLD) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.91 EPS for the quarter, beating the consensus estimate 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 net margin of 0.08% and a return on equity of 7.56%.

Gold.com Announces Dividend

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

Institutional Trading of Gold.com

Large investors have recently added to or reduced their stakes in the stock. Yacktman Asset Management LP bought a new position in Gold.com in the 4th quarter worth $238,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Gold.com in the fourth quarter worth about $105,000. Mutual Advisors LLC purchased a new stake in Gold.com in the fourth quarter worth about $1,027,000. D.A. Davidson & CO. purchased a new position in shares of Gold.com during the 4th quarter worth approximately $628,000. Finally, Pekin Hardy Strauss Inc. purchased a new position in shares of Gold.com in the 4th quarter valued at approximately $298,000. Institutional investors own 62.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on GOLD shares. Zacks Research raised shares of Gold.com from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Roth Mkm set a $60.00 target price on Gold.com in a report on Wednesday, January 28th. DA Davidson raised 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. Weiss Ratings initiated coverage on Gold.com in a research note on Wednesday, January 14th. They issued a “hold (c-)” rating on the stock. 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 note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $59.00.

Gold.com Company Profile

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.