1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Insight Holdings Group, Llc Sells 8,118 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 8,118 shares of 1stdibs.Com stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $4.67, for a total value of $37,911.06. Following the transaction, the insider now owns 62,194 shares in the company, valued at $290,445.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Monday, November 20th, Insight Holdings Group, Llc sold 23,655 shares of 1stdibs.Com stock. The shares were sold at an average price of $4.47, for a total value of $105,737.85.

1stdibs.Com Stock Down 0.7 %

Shares of 1stdibs.Com stock opened at $4.40 on Tuesday. The stock’s 50-day simple moving average is $3.98 and its 200-day simple moving average is $3.95. 1stdibs.Com, Inc. has a 52 week low of $3.44 and a 52 week high of $6.63. The company has a market capitalization of $175.92 million, a price-to-earnings ratio of -6.47 and a beta of 0.92.

1stdibs.Com (NASDAQ:DIBS) last announced its quarterly earnings data on Wednesday, November 8th. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.10. 1stdibs.Com had a negative return on equity of 18.83% and a negative net margin of 30.70%. The business had revenue of $20.70 million for the quarter, compared to the consensus estimate of $20.58 million. During the same period in the previous year, the business earned ($0.23) earnings per share. The business’s revenue was down 8.8% on a year-over-year basis. On average, equities analysts expect that 1stdibs.Com, Inc. will post -0.61 earnings per share for the current year.

Hedge Funds Weigh In On 1stdibs.Com

Large investors have recently made changes to their positions in the business. Beck Mack & Oliver LLC lifted its position in shares of 1stdibs.Com by 39.7% in the first quarter. Beck Mack & Oliver LLC now owns 1,324,817 shares of the company’s stock valued at $5,260,000 after acquiring an additional 376,468 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in shares of 1stdibs.Com by 15.8% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 25,588 shares of the company’s stock worth $102,000 after buying an additional 3,498 shares in the last quarter. Royce & Associates LP purchased a new stake in shares of 1stdibs.Com in the second quarter worth about $680,000. Acadian Asset Management LLC purchased a new stake in shares of 1stdibs.Com in the first quarter worth about $344,000. Finally, Joel Isaacson & Co. LLC lifted its position in shares of 1stdibs.Com by 40.8% in the second quarter. Joel Isaacson & Co. LLC now owns 730,427 shares of the company’s stock worth $2,732,000 after buying an additional 211,666 shares in the last quarter. 51.06% of the stock is currently owned by hedge funds and other institutional investors.

About 1stdibs.Com

1stdibs.Com, Inc operates an online marketplace for vintage, antique, and contemporary furniture, home décor, jewelry, watches, art, and fashion products worldwide. It offers online marketplace that enables commerce between sellers and buyers. The company was incorporated in 2000 and is headquartered in New York, New York.