Insight Holdings Group, Llc Sells 8,118 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 8,118 shares of 1stdibs.Com stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $4.67, for a total value of $37,911.06. Following the sale, the insider now directly owns 62,194 shares of the company’s stock, valued at $290,445.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more 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, November 20th, Insight Holdings Group, Llc sold 23,655 shares of 1stdibs.Com stock. The shares were sold at an average price of $4.47, for a total value of $105,737.85.

1stdibs.Com Trading Down 0.7 %

Shares of DIBS traded down $0.03 during trading hours on Monday, hitting $4.40. The company had a trading volume of 57,175 shares, compared to its average volume of 143,216. The company has a market capitalization of $175.92 million, a PE ratio of -6.47 and a beta of 0.92. 1stdibs.Com, Inc. has a one year low of $3.44 and a one year high of $6.63. The company’s fifty day moving average price is $3.98 and its two-hundred day moving average price is $3.95.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings results on Wednesday, November 8th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.10. The firm had revenue of $20.70 million during the quarter, compared to analyst estimates of $20.58 million. 1stdibs.Com had a negative return on equity of 18.83% and a negative net margin of 30.70%. The business’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.23) EPS. Analysts forecast that 1stdibs.Com, Inc. will post -0.61 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its stake in 1stdibs.Com by 225.0% during the 1st quarter. Bank of New York Mellon Corp now owns 47,361 shares of the company’s stock worth $378,000 after buying an additional 32,790 shares during the last quarter. Rhumbline Advisers purchased a new position in 1stdibs.Com during the 1st quarter worth $119,000. BlackRock Inc. grew its stake in 1stdibs.Com by 141.7% during the 1st quarter. BlackRock Inc. now owns 877,698 shares of the company’s stock worth $7,013,000 after buying an additional 514,489 shares during the last quarter. Vanguard Group Inc. grew its stake in 1stdibs.Com by 155.6% during the 1st quarter. Vanguard Group Inc. now owns 726,244 shares of the company’s stock worth $5,802,000 after buying an additional 442,072 shares during the last quarter. Finally, American International Group Inc. grew its stake in 1stdibs.Com by 181.1% during the 1st quarter. American International Group Inc. now owns 10,066 shares of the company’s stock worth $80,000 after buying an additional 6,485 shares during the last quarter. 51.06% of the stock is owned by institutional investors.

1stdibs.Com Company Profile

1stdibs.Com, Inc operates an online marketplace for vintage, antique, and contemporary furniture, home décor, jewelry, watches, art, and fashion products worldwide. It offers online marketplace that enables commerce between sellers and buyers. The company was incorporated in 2000 and is headquartered in New York, New York.