Gold.com Inc. (NYSE:GOLD) Plans $0.20 Quarterly Dividend

Gold.com Inc. (NYSE:GOLD) declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Wednesday, May 20th will be paid a dividend of 0.20 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, May 20th.

Gold.com Stock Performance

Shares of GOLD stock opened at $43.37 on Thursday. The business’s 50-day moving average price is $46.87. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 92.28 and a beta of 0.55. Gold.com has a 1 year low of $19.39 and a 1 year high of $66.70. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.66 and a current ratio of 1.21.

Gold.com (NYSE:GOLD) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.21. The company had revenue of $6.48 billion for the quarter, compared to analyst estimates of $3.41 billion. Gold.com had a return on equity of 7.56% and a net margin of 0.08%. As a group, research analysts predict that Gold.com will post 4.34 EPS for the current year.

Insider Buying and Selling

In related news, CEO Gregory N. Roberts sold 80,000 shares of Gold.com stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $63.16, for a total value of $5,052,800.00. Following the transaction, the chief executive officer directly owned 28,202 shares in the company, valued at $1,781,238.32. This trade represents a 73.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jeffrey D. Benjamin sold 75,179 shares of Gold.com stock in a transaction on Friday, February 13th. The shares were sold at an average price of $60.94, for a total transaction of $4,581,408.26. Following the completion of the transaction, the director owned 94,240 shares in the company, valued at approximately $5,742,985.60. This trade represents a 44.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 504,239 shares of company stock valued at $29,856,403 over the last quarter. 0.63% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Gold.com

Large investors have recently bought and sold shares of the company. CWM LLC purchased a new position in Gold.com during the 4th quarter worth $35,000. Larson Financial Group LLC purchased a new position in Gold.com during the 4th quarter worth $41,000. Caitong International Asset Management Co. Ltd purchased a new stake in Gold.com in the 4th quarter valued at approximately $42,000. State of Alaska Department of Revenue acquired a new position in Gold.com during the 4th quarter worth approximately $44,000. Finally, New York State Teachers Retirement System acquired a new position in Gold.com during the 4th quarter worth approximately $55,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

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.