1stdibs.Com’s (DIBS) Sell (E+) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research report report published on Wednesday,Weiss Ratings reports.

Separately, JMP Securities reiterated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Stock Down 1.7 %

Shares of NASDAQ:DIBS opened at $4.02 on Wednesday. The business has a 50 day moving average price of $3.74 and a 200 day moving average price of $4.11. 1stdibs.Com has a twelve month low of $3.37 and a twelve month high of $6.30. The company has a market cap of $146.77 million, a price-to-earnings ratio of -9.57 and a beta of 0.97.

Insiders Place Their Bets

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the sale, the insider now owns 12,477 shares in the company, valued at approximately $49,159.38. This trade represents a 49.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 20.28% of the company’s stock.

Institutional Trading of 1stdibs.Com

A number of hedge funds have recently modified their holdings of the company. Two Sigma Advisers LP raised its holdings in shares of 1stdibs.Com by 2.0% in the 4th quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock worth $451,000 after buying an additional 2,500 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of 1stdibs.Com by 26.0% in the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after buying an additional 2,939 shares in the last quarter. State Street Corp raised its holdings in shares of 1stdibs.Com by 2.1% in the 3rd quarter. State Street Corp now owns 294,330 shares of the company’s stock worth $1,298,000 after buying an additional 5,985 shares in the last quarter. Barclays PLC raised its holdings in shares of 1stdibs.Com by 17.6% in the 4th quarter. Barclays PLC now owns 40,192 shares of the company’s stock worth $142,000 after buying an additional 6,010 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of 1stdibs.Com by 31.8% in the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock worth $94,000 after buying an additional 6,424 shares in the last quarter. Institutional investors own 66.97% of the company’s stock.

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.