Gold.com (NYSE:GOLD) Director Sells $1,238,346.11 in Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 24,683 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $50.17, for a total value of $1,238,346.11. Following the transaction, the director owned 502,506 shares of the company’s stock, valued at approximately $25,210,726.02. The trade was a 4.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Gold.com Stock Performance

Shares of NYSE:GOLD traded up $0.53 during trading on Tuesday, reaching $50.63. 525,810 shares of the company were exchanged, compared to its average volume of 855,079. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.66 and a current ratio of 1.21. The firm has a market cap of $1.28 billion, a PE ratio of 107.71 and a beta of 0.40. 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 data on Thursday, February 5th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.21. The firm had revenue of $6.48 billion during 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Friday, February 20th were given a $0.20 dividend. The ex-dividend date was Friday, February 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.6%. Gold.com’s dividend payout ratio is currently 170.21%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GOLD. Yacktman Asset Management LP acquired a new stake in shares of Gold.com during the 4th quarter valued at approximately $238,000. Mutual Advisors LLC acquired a new position in shares of Gold.com in the fourth quarter valued at approximately $1,027,000. Caldwell Sutter Capital Inc. acquired a new position in Gold.com in the 4th quarter valued at $1,454,000. Pekin Hardy Strauss Inc. acquired a new stake in shares of Gold.com during the fourth quarter worth $298,000. Finally, D.A. Davidson & CO. purchased a new stake in Gold.com in the 4th quarter valued at about $628,000. Institutional investors and hedge funds own 62.85% of the company’s stock.

Analyst Ratings Changes

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