Two Sigma Investments LP Sells 8,466 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS)

Two Sigma Investments LP lowered its stake in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) by 6.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,746 shares of the company’s stock after selling 8,466 shares during the quarter. Two Sigma Investments LP’s holdings in 1stdibs.Com were worth $403,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in DIBS. Landscape Capital Management L.L.C. acquired a new position in shares of 1stdibs.Com during the fourth quarter worth approximately $1,007,000. FIL Ltd lifted its holdings in shares of 1stdibs.Com by 11.9% during the fourth quarter. FIL Ltd now owns 1,450,000 shares of the company’s stock worth $5,133,000 after buying an additional 154,423 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of 1stdibs.Com by 8.9% during the fourth quarter. Northern Trust Corp now owns 253,583 shares of the company’s stock worth $898,000 after buying an additional 20,805 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of 1stdibs.Com in the fourth quarter valued at $84,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of 1stdibs.Com by 29.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 354,293 shares of the company’s stock valued at $1,254,000 after purchasing an additional 80,693 shares in the last quarter. Institutional investors own 66.97% of the company’s stock.

1stdibs.Com Price Performance

1stdibs.Com stock opened at $2.89 on Wednesday. The stock has a fifty day moving average price of $2.52 and a two-hundred day moving average price of $3.23. 1stdibs.Com, Inc. has a 52-week low of $2.30 and a 52-week high of $5.67. The firm has a market capitalization of $103.13 million, a P/E ratio of -6.88 and a beta of 1.03.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings data on Wednesday, May 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The company had revenue of $22.55 million for the quarter, compared to analyst estimates of $22.28 million. On average, equities research analysts predict that 1stdibs.Com, Inc. will post -0.52 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on DIBS shares. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Saturday, May 24th. Wall Street Zen lowered 1stdibs.Com from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd.

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.