Intech Investment Management LLC Takes $36,000 Position in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Intech Investment Management LLC bought a new position in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,143 shares of the company’s stock, valued at approximately $36,000.

A number of other large investors have also added to or reduced their stakes in DIBS. Pitcairn Co. bought a new position in 1stdibs.Com during the third quarter worth $65,000. Garden State Investment Advisory Services LLC bought a new stake in shares of 1stdibs.Com during the 3rd quarter worth about $93,000. Harspring Capital Management LLC grew its stake in 1stdibs.Com by 83.2% in the 3rd quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after buying an additional 199,951 shares during the last quarter. Portolan Capital Management LLC raised its holdings in 1stdibs.Com by 7.1% in the 3rd quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock valued at $3,121,000 after acquiring an additional 46,699 shares during the period. Finally, State Street Corp lifted its position in 1stdibs.Com by 2.1% during 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 during the last quarter. Institutional investors own 66.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1stdibs.Com in a report on Saturday, March 22nd.

1stdibs.Com Stock Performance

NASDAQ:DIBS opened at $3.11 on Friday. 1stdibs.Com, Inc. has a 52 week low of $2.82 and a 52 week high of $6.20. The firm’s 50-day simple moving average is $3.61 and its 200 day simple moving average is $3.91. The firm has a market cap of $110.10 million, a price-to-earnings ratio of -7.40 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last announced its earnings results on Friday, February 28th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.03. The company had revenue of $22.77 million for the quarter, compared to analysts’ expectations of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. Sell-side analysts anticipate that 1stdibs.Com, Inc. will post -0.52 EPS for the current year.

1stdibs.Com 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.