Gold.com (NYSE:GOLD) Director Sells 13,952 Shares

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 13,952 shares of Gold.com stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $44.26, for a total value of $617,515.52. Following the completion of the sale, the director directly owned 279,594 shares in the company, valued at $12,374,830.44. This trade represents a 4.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Gold.com Stock Up 2.1%

Gold.com stock traded up $0.91 during midday trading on Tuesday, reaching $44.71. 690,883 shares of the stock traded hands, compared to its average volume of 622,904. The stock has a market cap of $1.30 billion, a P/E ratio of 15.31 and a beta of 0.56. The stock’s fifty day moving average is $43.59 and its 200-day moving average is $43.61. Gold.com Inc. has a 12 month low of $23.00 and a 12 month high of $66.70.

Gold.com (NYSE:GOLD) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). The firm had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $5.67 billion. Gold.com had a return on equity of 17.22% and a net margin of 0.32%.During the same period in the previous year, the firm earned $0.41 EPS. On average, equities analysts predict that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Announces Dividend

The firm also recently announced a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s dividend payout ratio (DPR) is 27.40%.

Institutional Trading of Gold.com

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. SkyView Investment Advisors LLC purchased a new stake in shares of Gold.com in the 2nd quarter worth $125,000. WINTON GROUP Ltd increased 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 valued at $412,000 after buying an additional 700 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Gold.com in the second quarter valued at about $225,000. Squarepoint Ops LLC bought a new stake in shares of Gold.com in the second quarter valued at about $387,000. Finally, Arizona State Retirement System lifted its stake in Gold.com by 7.1% in the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after acquiring an additional 359 shares during the period. Hedge funds and other institutional investors own 62.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Canaccord Genuity Group decreased their price target on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. Northland Securities set a $55.00 price objective on shares of Gold.com in a research note on Thursday, September 3rd. Wall Street Zen downgraded shares of Gold.com from a “hold” rating to a “sell” rating in a report on Saturday, September 12th. DA Davidson restated a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Finally, Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Gold.com has a consensus rating of “Moderate Buy” and an average price target of $58.00.

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.