1stdibs.Com, Inc. (NASDAQ:DIBS) Major Shareholder Insight Holdings Group, Llc Sells 45,420 Shares

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 45,420 shares of 1stdibs.Com stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $5.00, for a total value of $227,100.00. Following the transaction, the insider now owns 50,235 shares in the company, valued at $251,175. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 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, April 15th, Insight Holdings Group, Llc sold 35,313 shares of 1stdibs.Com stock. The stock was sold at an average price of $5.05, for a total value of $178,330.65.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.00, for a total value of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.01, for a total value of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.03, for a total value of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.06, for a total value of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.19, for a total value of $147,612.93.
• 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 shares were 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 stock was sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Stock Up 2.2 %

Shares of NASDAQ DIBS opened at $5.10 on Thursday. The business’s 50 day moving average price is $5.39 and its two-hundred day moving average price is $4.74. The company has a market cap of $202.82 million, a PE ratio of -8.95 and a beta of 1.07. 1stdibs.Com, Inc. has a twelve month low of $3.44 and a twelve month high of $6.30.

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

Institutional Investors Weigh In On 1stdibs.Com

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of 1stdibs.Com by 14.8% in the fourth 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. Goldman Sachs Group Inc. bought a new stake in 1stdibs.Com during the fourth quarter worth $112,000. Virtu Financial LLC bought a new stake in 1stdibs.Com during the fourth quarter worth $47,000. Bridgeway Capital Management LLC lifted its stake in 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 during the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in 1stdibs.Com during the fourth quarter worth $377,000. 66.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

About 1stdibs.Com

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.