1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Insight Holdings Group, Llc Sells 35,313 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 35,313 shares of the stock in a transaction on Monday, April 15th. The shares were sold at an average price of $5.05, for a total transaction of $178,330.65. Following the transaction, the insider now owns 51,125 shares in the company, valued at $258,181.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more 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 Wednesday, April 17th, Insight Holdings Group, Llc sold 45,420 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.00, for a total transaction of $227,100.00.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.00, for a total transaction of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.01, for a total transaction of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.03, for a total transaction of $202,137.66.
• 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 Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.19, for a total transaction of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.02, for a total transaction 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 transaction of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.14, for a total transaction of $184,562.26.

1stdibs.Com Stock Up 0.2 %

DIBS stock opened at $5.32 on Friday. 1stdibs.Com, Inc. has a fifty-two week low of $3.44 and a fifty-two week high of $6.30. The firm’s 50-day simple moving average is $5.42 and its 200 day simple moving average is $4.75. The stock has a market cap of $211.58 million, a PE ratio of -9.33 and a beta of 1.07.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.03. 1stdibs.Com had a negative net margin of 26.80% and a negative return on equity of 16.46%. The business had revenue of $20.92 million for the quarter, compared to analysts’ expectations of $19.77 million. Equities analysts forecast that 1stdibs.Com, Inc. will post -0.39 EPS for the current fiscal year.

Analyst Ratings Changes

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

Hedge Funds Weigh In On 1stdibs.Com

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. increased its stake in 1stdibs.Com by 7.9% during the 3rd quarter. BlackRock Inc. now owns 1,295,900 shares of the company’s stock valued at $8,152,000 after buying an additional 95,237 shares during the period. Vanguard Group Inc. increased its stake in 1stdibs.Com by 14.8% during 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 period. Clearbridge Investments LLC increased its stake in 1stdibs.Com by 1.0% during the 1st quarter. Clearbridge Investments LLC now owns 538,044 shares of the company’s stock valued at $4,299,000 after buying an additional 5,102 shares during the period. Geode Capital Management LLC increased its stake in 1stdibs.Com by 9.5% during the 1st quarter. Geode Capital Management LLC now owns 407,790 shares of the company’s stock valued at $1,619,000 after buying an additional 35,317 shares during the period. Finally, B. Riley Asset Management LLC increased its stake in 1stdibs.Com by 33.9% during the 1st quarter. B. Riley Asset Management LLC now owns 371,474 shares of the company’s stock valued at $1,475,000 after buying an additional 94,000 shares during the period. Institutional investors and hedge funds 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.