Insight Holdings Group, Llc Sells 23,847 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 23,847 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $6.19, for a total value of $147,612.93. Following the transaction, the insider now owns 54,601 shares of the company’s stock, valued at $337,980.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.06, for a total transaction of $195,089.58.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Price Performance

1stdibs.Com stock opened at $5.95 on Thursday. The stock’s fifty day moving average is $5.13 and its two-hundred day moving average is $4.54. The stock has a market cap of $236.51 million, a PE ratio of -10.44 and a beta of 1.02. 1stdibs.Com, Inc. has a 1-year low of $3.44 and a 1-year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03. The business had revenue of $20.92 million for the quarter, compared to analyst estimates of $19.77 million. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. On average, research analysts expect that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Evercore ISI raised shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and raised their target price for the company from $6.00 to $8.00 in a report on Monday, March 18th.

Institutional Trading of 1stdibs.Com

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of 1stdibs.Com by 14.8% in the 4th quarter. Vanguard Group Inc. now owns 1,173,707 shares of the company’s stock valued at $5,493,000 after buying an additional 151,147 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in 1stdibs.Com in the fourth quarter valued at $112,000. Virtu Financial LLC purchased a new position in shares of 1stdibs.Com during the fourth quarter worth about $47,000. Bridgeway Capital Management LLC increased its position in shares of 1stdibs.Com by 9.3% during the fourth quarter. Bridgeway Capital Management LLC now owns 166,819 shares of the company’s stock worth $781,000 after purchasing an additional 14,219 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of 1stdibs.Com in the 4th quarter valued at about $377,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.