Gold.com (NYSE:GOLD) Director Sells 3,000 Shares of Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 3,000 shares of Gold.com stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $62.89, for a total value of $188,670.00. Following the sale, the director owned 32,256 shares in the company, valued at $2,028,579.84. This represents a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gold.com Trading Up 0.6%

NYSE:GOLD traded up $0.40 during mid-day trading on Wednesday, hitting $62.99. 1,186,245 shares of the company’s stock were exchanged, compared to its average volume of 935,586. The firm has a market capitalization of $1.59 billion, a P/E ratio of 134.03 and a beta of 0.41. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.58. Gold.com Inc. has a one year low of $19.39 and a one year high of $66.70.

Gold.com (NYSE:GOLD) last released its earnings results on Thursday, February 5th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.21. Gold.com had a net margin of 0.08% and a return on equity of 7.56%. The firm had revenue of $6.48 billion during the quarter, compared to analyst estimates of $3.41 billion.

Gold.com Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, February 20th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, February 20th. Gold.com’s dividend payout ratio (DPR) is presently 170.21%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. DA Davidson boosted their target price on shares of Gold.com from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Northland Securities upgraded Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price objective for the company in a research report on Friday, February 6th. Weiss Ratings started coverage on Gold.com in a report on Wednesday, January 14th. They issued a “hold (c-)” rating on the stock. Roth Mkm set a $60.00 price target on Gold.com in a research note on Wednesday, January 28th. Finally, Zacks Research upgraded shares of Gold.com from a “hold” rating to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $59.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Daytona Street Capital LLC purchased a new position in shares of Gold.com during the 4th quarter valued at about $68,000. Massachusetts Financial Services Co. MA bought a new stake in Gold.com during the 4th quarter worth approximately $890,000. State of Alaska Department of Revenue purchased a new position in Gold.com during the fourth quarter valued at approximately $44,000. CWM LLC bought a new position in shares of Gold.com in the fourth quarter worth approximately $35,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in shares of Gold.com in the fourth quarter worth $1,319,000. Institutional investors own 62.85% of the company’s stock.

About Gold.com

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in 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 various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.