Jane Street Group LLC reduced its position in 1stdibs.Com, Inc. (NASDAQ:DIBS – Free Report) by 33.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 15,446 shares of the company’s stock after selling 7,660 shares during the quarter. Jane Street Group LLC’s holdings in 1stdibs.Com were worth $68,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp lifted its stake in shares of 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock worth $1,298,000 after acquiring an additional 5,985 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of 1stdibs.Com by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company’s stock valued at $810,000 after buying an additional 6,387 shares during the period. American Century Companies Inc. bought a new position in shares of 1stdibs.Com during the second quarter valued at approximately $54,000. SG Americas Securities LLC acquired a new position in shares of 1stdibs.Com during the third quarter worth approximately $56,000. Finally, Pitcairn Co. bought a new stake in 1stdibs.Com during the third quarter worth approximately $65,000. Institutional investors and hedge funds own 66.97% of the company’s stock.
Insider Buying and Selling at 1stdibs.Com
In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total transaction of $47,287.88. Following the transaction, the insider now owns 12,477 shares of the company’s stock, valued at approximately $49,159.38. This represents a 49.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 20.28% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on 1stdibs.Com
1stdibs.Com Price Performance
NASDAQ DIBS opened at $3.68 on Thursday. 1stdibs.Com, Inc. has a fifty-two week low of $3.37 and a fifty-two week high of $6.30. The firm has a market cap of $134.37 million, a P/E ratio of -8.76 and a beta of 0.94. The stock’s 50-day moving average is $3.76 and its two-hundred day moving average is $4.23.
1stdibs.Com (NASDAQ:DIBS – Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.02). 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The business had revenue of $21.19 million during the quarter, compared to the consensus estimate of $21.61 million. During the same period in the prior year, the company posted ($0.08) earnings per share. On average, equities analysts expect that 1stdibs.Com, Inc. will post -0.52 EPS for the current year.
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.
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