Insight Holdings Group, Llc Sells 45,420 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) Stock

1stdibs.Com, Inc. (NASDAQ:DIBS) major shareholder Insight Holdings Group, Llc sold 45,420 shares of the firm’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $5.00, for a total transaction of $227,100.00. Following the sale, the insider now owns 50,235 shares in the company, valued at $251,175. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Insight Holdings Group, Llc also recently made the following trade(s):

• On Monday, April 15th, Insight Holdings Group, Llc sold 35,313 shares of 1stdibs.Com stock. The shares were sold at an average price of $5.05, for a total transaction of $178,330.65.
• On Wednesday, April 3rd, Insight Holdings Group, Llc sold 3,333 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.00, for a total transaction of $19,998.00.
• On Monday, April 1st, Insight Holdings Group, Llc sold 6,427 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.01, for a total transaction of $38,626.27.
• On Wednesday, March 27th, Insight Holdings Group, Llc sold 33,522 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.03, for a total value of $202,137.66.
• On Monday, March 25th, Insight Holdings Group, Llc sold 32,193 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.06, for a total value of $195,089.58.
• On Friday, March 22nd, Insight Holdings Group, Llc sold 23,847 shares of 1stdibs.Com stock. The stock was sold at an average price of $6.19, for a total transaction of $147,612.93.
• On Wednesday, March 20th, Insight Holdings Group, Llc sold 58,032 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total transaction of $349,352.64.
• On Monday, March 18th, Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.02, for a total value of $106,614.20.
• On Thursday, March 14th, Insight Holdings Group, Llc sold 30,059 shares of 1stdibs.Com stock. The shares were sold at an average price of $6.14, for a total value of $184,562.26.

1stdibs.Com Trading Up 4.1 %

Shares of NASDAQ DIBS opened at $5.31 on Friday. The stock has a market capitalization of $211.18 million, a PE ratio of -9.32 and a beta of 1.07. The stock’s fifty day simple moving average is $5.41 and its two-hundred day simple moving average is $4.74. 1stdibs.Com, Inc. has a 12-month low of $3.44 and a 12-month high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. The business had revenue of $20.92 million during the quarter, compared to analysts’ expectations of $19.77 million. 1stdibs.Com had a negative net margin of 26.80% and a negative return on equity of 16.46%. On average, equities analysts predict that 1stdibs.Com, Inc. will post -0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DIBS. Charles Schwab Investment Management Inc. grew its holdings in 1stdibs.Com by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 63,344 shares of the company’s stock worth $322,000 after acquiring an additional 2,315 shares during the period. Renaissance Technologies LLC increased its holdings in 1stdibs.Com by 2.0% in the fourth quarter. Renaissance Technologies LLC now owns 120,900 shares of the company’s stock valued at $614,000 after buying an additional 2,400 shares in the last quarter. Banco Santander S.A. boosted its stake in shares of 1stdibs.Com by 21.1% during the 3rd quarter. Banco Santander S.A. now owns 13,937 shares of the company’s stock worth $51,000 after acquiring an additional 2,433 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of 1stdibs.Com by 31.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,484 shares of the company’s stock worth $71,000 after acquiring an additional 2,975 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in shares of 1stdibs.Com by 114.1% during the 1st quarter. California State Teachers Retirement System now owns 8,703 shares of the company’s stock valued at $70,000 after acquiring an additional 4,638 shares during the period. 66.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Evercore ISI raised shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and raised their target price for the company from $6.00 to $8.00 in a research report on Monday, March 18th.

1stdibs.Com Company 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.