Joel Isaacson & Co. LLC Sells 182,402 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS)

Joel Isaacson & Co. LLC decreased its position in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 21.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 687,210 shares of the company’s stock after selling 182,402 shares during the period. Joel Isaacson & Co. LLC owned about 1.88% of 1stdibs.Com worth $2,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DIBS. Harspring Capital Management LLC raised its stake in shares of 1stdibs.Com by 83.2% in the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after buying an additional 199,951 shares during the period. Geode Capital Management LLC raised its stake in 1stdibs.Com by 16.8% in the 3rd quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after acquiring an additional 95,292 shares during the period. JPMorgan Chase & Co. lifted its holdings in 1stdibs.Com by 151.6% during the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after purchasing an additional 64,107 shares during the last quarter. Portolan Capital Management LLC lifted its holdings in 1stdibs.Com by 7.1% during the third quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock valued at $3,121,000 after purchasing an additional 46,699 shares during the last quarter. Finally, Barclays PLC boosted its position in 1stdibs.Com by 286.6% during the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock worth $150,000 after purchasing an additional 25,341 shares during the period. 66.97% of the stock is owned by institutional investors.

1stdibs.Com Stock Down 1.7 %

DIBS stock opened at $4.05 on Friday. The stock has a 50-day simple moving average of $3.70 and a two-hundred day simple moving average of $4.14. 1stdibs.Com, Inc. has a twelve month low of $3.37 and a twelve month high of $6.30. The firm has a market capitalization of $147.87 million, a PE ratio of -9.64 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings data on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $21.19 million for the quarter, compared to analysts’ expectations of $21.61 million. During the same period in the prior year, the firm posted ($0.08) EPS. On average, equities research analysts anticipate that 1stdibs.Com, Inc. will post -0.52 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on DIBS. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research note on Saturday, February 1st. JMP Securities restated a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

Insider Buying and Selling at 1stdibs.Com

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $3.94, for a total value of $47,287.88. Following the sale, the insider now owns 12,477 shares of the company’s stock, valued at $49,159.38. This trade represents a 49.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 20.28% of the company’s stock.

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.