JMP Securities Reiterates Market Perform Rating for 1stdibs.Com (NASDAQ:DIBS)

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “market perform” rating reaffirmed by investment analysts at JMP Securities in a report issued on Monday,Benzinga reports.

1stdibs.Com Trading Down 0.3 %

NASDAQ DIBS traded down $0.01 during trading on Monday, hitting $3.64. 24,331 shares of the company’s stock were exchanged, compared to its average volume of 124,319. The stock’s 50 day moving average price is $4.09 and its two-hundred day moving average price is $4.46. 1stdibs.Com has a fifty-two week low of $3.37 and a fifty-two week high of $6.30. The company has a market cap of $132.91 million, a PE ratio of -8.67 and a beta of 0.94.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $21.19 million during the quarter, compared to analyst estimates of $21.61 million. During the same quarter in the prior year, the business earned ($0.08) EPS. Analysts forecast that 1stdibs.Com will post -0.52 earnings per share for the current fiscal year.

Insider Buying and Selling at 1stdibs.Com

In other news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction dated Friday, November 22nd. The shares were 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 $49,159.38. This represents a 49.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 15,088 shares of company stock worth $61,175. Insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DIBS. American Century Companies Inc. bought a new stake in 1stdibs.Com during the second quarter valued at $54,000. SG Americas Securities LLC purchased a new position in shares of 1stdibs.Com in the 3rd quarter valued at approximately $56,000. Pitcairn Co. bought a new stake in shares of 1stdibs.Com during the 3rd quarter valued at $65,000. Panagora Asset Management Inc. purchased a new stake in 1stdibs.Com in the second quarter worth about $74,000. Finally, Garden State Investment Advisory Services LLC purchased a new stake in shares of 1stdibs.Com in the third quarter worth $93,000. 66.97% of the stock is owned by institutional investors.

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.