Gold.com (NYSE:GOLD) EVP Carol Meltzer Sells 2,000 Shares

Gold.com Inc. (NYSE:GOLD) EVP Carol Meltzer sold 2,000 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $56.38, for a total transaction of $112,760.00. Following the sale, the executive vice president directly owned 23,500 shares of the company’s stock, valued at $1,324,930. This represents a 7.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gold.com Stock Down 0.5%

GOLD opened at $56.55 on Wednesday. The firm has a market capitalization of $1.43 billion, a P/E ratio of 120.32 and a beta of 0.40. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 0.43. Gold.com Inc. has a 12 month low of $19.39 and a 12 month high of $66.70.

Gold.com (NYSE:GOLD) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.21. The firm 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, February 20th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.4%. Gold.com’s dividend payout ratio (DPR) is 170.21%.

Institutional Trading of Gold.com

Several hedge funds and other institutional investors have recently modified their holdings of GOLD. Caitong International Asset Management Co. Ltd acquired a new stake in Gold.com during the fourth quarter worth approximately $129,000. Pacer Advisors Inc. bought a new stake in shares of Gold.com in the fourth quarter valued at about $6,185,000. Virtu Financial LLC acquired a new position in shares of Gold.com in the fourth quarter valued at about $960,000. Invesco Ltd. bought a new position in Gold.com during the fourth quarter worth about $2,087,000. Finally, Empowered Funds LLC bought a new stake in Gold.com in the 4th quarter valued at about $6,619,000. Institutional investors own 62.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GOLD. DA Davidson lifted their target price on Gold.com from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Zacks Research upgraded Gold.com from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings assumed coverage on shares of Gold.com in a research note on Wednesday, January 14th. They issued a “hold (c-)” rating for the company. Roth Mkm set a $60.00 target price on shares of Gold.com in a report on Wednesday, January 28th. Finally, Northland Securities upgraded shares of Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price target for the company in a research note on Friday, February 6th. One investment 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price 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.