Gold.com Inc. (NYSE:GOLD – Get Free Report) Director Moorhead John sold 1,500 shares of Gold.com stock in a transaction on Friday, September 11th. The stock was sold at an average price of $48.41, for a total transaction of $72,615.00. Following the transaction, the director directly owned 28,756 shares in the company, valued at $1,392,077.96. This represents a 4.96% 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.
Moorhead John also recently made the following trade(s):
- On Monday, September 14th, Moorhead John sold 1,000 shares of Gold.com stock. The shares were sold at an average price of $47.34, for a total transaction of $47,340.00.
Gold.com Price Performance
Shares of GOLD stock opened at $47.94 on Wednesday. The firm has a 50-day moving average of $43.15 and a 200-day moving average of $43.92. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70. The company has a market cap of $1.40 billion, a P/E ratio of 16.42 and a beta of 0.56.
Gold.com Dividend Announcement
The company also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s dividend payout ratio (DPR) is currently 27.40%.
Institutional Trading of Gold.com
A number of hedge funds and other institutional investors have recently bought and sold shares of GOLD. SkyView Investment Advisors LLC bought a new position in shares of Gold.com in the second quarter worth $125,000. WINTON GROUP Ltd raised its stake in shares of Gold.com by 7.6% during the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after acquiring an additional 700 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Gold.com in the 2nd quarter worth $225,000. Squarepoint Ops LLC purchased a new position in shares of Gold.com in the second quarter worth about $387,000. Finally, Arizona State Retirement System lifted its position in Gold.com by 7.1% in the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock valued at $226,000 after purchasing an additional 359 shares during the last quarter. Institutional investors own 62.85% of the company’s stock.
More Gold.com News
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Gold.com declared a $0.20-per-share special dividend, payable September 28 to shareholders of record September 16. The dividend may support investor interest and provides a near-term cash return. Gold Rally Continues: These 3 Mining Stocks Are Likely to Benefit
- Positive Sentiment: Analyst sentiment remains broadly constructive: four analysts rate the stock Buy, two rate it Hold, and the consensus target price is $58, above recent trading levels. DA Davidson maintained a $60 target, while Northland Securities set a $55 target. Institutional ownership is also substantial at approximately 62.85%, with several funds adding or initiating positions. Gold.com analyst and institutional ownership data
- Neutral Sentiment: The stock remains well above its 50-day and 200-day moving averages, indicating strong recent momentum, but it is still below its 12-month high of $66.70. A recent Zacks report noted that GOLD underperformed the broader market during the prior session, highlighting continued volatility. Why Gold.com Dipped More Than Broader Market
- Negative Sentiment: CEO Gregory Roberts sold 10,000 shares for approximately $458,300, reducing his direct ownership by 26.18%. Director John Moorhead also sold 2,500 shares in two transactions for roughly $120,000, cutting his position by about 8.44% overall. Multiple insider sales can weigh on sentiment, although they do not necessarily indicate a change in the company’s fundamentals. Gold.com insider selling report
- Negative Sentiment: Gold.com’s latest quarterly results missed expectations, with EPS of $0.41 versus the $0.96 consensus estimate and revenue of $5.01 billion versus $5.67 billion expected. Zacks previously downgraded the stock to Hold, while Wall Street Zen moved its rating to Sell. Gold.com earnings and analyst data
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Canaccord Genuity Group reduced their target price on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Northland Securities set a $55.00 price objective on Gold.com in a research report on Thursday, September 3rd. DA Davidson restated a “buy” rating and issued a $60.00 price objective on shares of Gold.com in a research note on Thursday, September 3rd. Zacks Research cut Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen downgraded shares of Gold.com from a “hold” rating to a “sell” rating in a report on Saturday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Gold.com presently has a consensus rating of “Moderate Buy” and an average target price of $58.00.
View Our Latest Research Report on GOLD
Gold.com Company Profile
Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through 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 complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.
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