14,000 Shares in Gold.com Inc. $GOLD Purchased by Monaco Asset Management SAM

Monaco Asset Management SAM acquired a new position in shares of Gold.com Inc. (NYSE:GOLD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,000 shares of the company’s stock, valued at approximately $477,000. Monaco Asset Management SAM owned 0.06% of Gold.com as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOLD. CWM LLC acquired a new stake in Gold.com during the fourth quarter worth about $35,000. Larson Financial Group LLC acquired a new stake in Gold.com during the fourth quarter worth about $41,000. State of Alaska Department of Revenue acquired a new stake in Gold.com during the fourth quarter worth about $44,000. New York State Teachers Retirement System bought a new position in Gold.com in the 4th quarter worth about $55,000. Finally, Daytona Street Capital LLC bought a new position in Gold.com in the 4th quarter worth about $68,000. Institutional investors and hedge funds own 62.85% of the company’s stock.

Insider Activity at Gold.com

In related news, major shareholder Tether Global Investments Fund acquired 530,338 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average price of $44.50 per share, for a total transaction of $23,600,041.00. Following the completion of the purchase, the insider directly owned 3,370,787 shares of the company’s stock, valued at $150,000,021.50. The trade was a 18.67% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Gregory N. Roberts sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $41.58, for a total transaction of $1,663,200.00. Following the transaction, the chief executive officer owned 28,202 shares in the company, valued at $1,172,639.16. This represents a 58.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 730,338 shares of company stock worth $31,842,096 and have sold 132,158 shares worth $5,943,061. 23.10% of the stock is currently owned by company insiders.

Gold.com Trading Up 0.2%

NYSE GOLD opened at $42.39 on Monday. Gold.com Inc. has a 52 week low of $19.39 and a 52 week high of $66.70. The company has a current ratio of 1.18, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11. The company has a market cap of $1.23 billion, a PE ratio of 14.52 and a beta of 0.53. The stock has a 50-day moving average price of $43.32.

Gold.com (NYSE:GOLD) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $1.62. Gold.com had a net margin of 0.35% and a return on equity of 17.82%. The business had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $4.81 billion. As a group, equities research analysts expect that Gold.com Inc. will post 5.31 earnings per share for the current fiscal year.

Gold.com declared that its board has approved a share buyback plan on Wednesday, April 8th that authorizes the company to buyback 2,000,000,000,000 outstanding shares. This buyback authorization authorizes the company to buy up to 7.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Gold.com Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 20th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, May 20th. Gold.com’s dividend payout ratio (DPR) is currently 27.40%.

Analyst Ratings Changes

Several research analysts have commented on GOLD shares. Northland Securities upgraded shares of Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 target price for the company in a research report on Friday, February 6th. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Weiss Ratings upgraded shares of Gold.com from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. DA Davidson restated a “buy” rating and issued a $60.00 target price on shares of Gold.com in a research report on Tuesday, April 28th. Finally, Roth Mkm set a $52.00 target price on shares of Gold.com in a research report on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $56.33.

Gold.com Profile

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.