Gold.com (NYSE:GOLD) Director Sells $47,340.00 in Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 1,000 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $47.34, for a total value of $47,340.00. Following the transaction, the director owned 27,756 shares of the company’s stock, valued at approximately $1,313,969.04. The trade was a 3.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Moorhead John also recently made the following trade(s):

• On Friday, September 11th, Moorhead John sold 1,500 shares of Gold.com stock. The stock was sold at an average price of $48.41, for a total value of $72,615.00.

Gold.com Stock Performance

GOLD stock opened at $46.90 on Friday. Gold.com Inc. has a 1 year low of $23.00 and a 1 year high of $66.70. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 16.06 and a beta of 0.56. The stock’s fifty day moving average is $43.36 and its two-hundred day moving average is $43.78.

Gold.com (NYSE:GOLD) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.55). The firm had revenue of $5.01 billion for 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 quarter in the prior year, the company posted $0.41 EPS. As a group, analysts predict that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Announces Dividend

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 paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is presently 27.40%.

Hedge Funds Weigh In On Gold.com

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jacobs Asset Management LLC acquired a new position in Gold.com during the 4th quarter valued at about $10,215,000. Empowered Funds LLC lifted its stake in shares of Gold.com by 42.5% in the 1st quarter. Empowered Funds LLC now owns 277,029 shares of the company’s stock worth $11,103,000 after acquiring an additional 82,637 shares during the period. CenterBook Partners LP acquired a new stake in shares of Gold.com in the 4th quarter worth approximately $9,171,000. Pacer Advisors Inc. bought a new position in shares of Gold.com in the fourth quarter valued at approximately $6,185,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Gold.com during the second quarter valued at approximately $7,143,000. Institutional investors own 62.85% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on GOLD. DA Davidson restated a “buy” rating and issued a $60.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Zacks Research lowered Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Finally, Canaccord Genuity Group cut their target price on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.

About Gold.com

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.