Gold.com (NYSE:GOLD) CEO Gregory Roberts Sells 25,000 Shares of Stock

Gold.com Inc. (NYSE:GOLD) CEO Gregory Roberts sold 25,000 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $49.36, for a total value of $1,234,000.00. Following the sale, the chief executive officer directly owned 28,202 shares of the company’s stock, valued at $1,392,050.72. This represents a 46.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Gold.com Trading Down 7.1%

GOLD stock opened at $45.81 on Friday. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 15.69 and a beta of 0.56. The company has a fifty day moving average price of $42.90 and a two-hundred day moving average price of $44.11. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.18 and a quick ratio of 0.29.

Gold.com (NYSE:GOLD) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.55). The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $5.67 billion. Gold.com had a net margin of 0.32% and a return on equity of 18.15%. During the same period in the previous year, the company earned $0.41 earnings per share. Equities analysts anticipate that Gold.com Inc. will post 3.73 EPS for the current year.

Gold.com Announces Dividend

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com’s dividend payout ratio is 27.40%.

Analyst Ratings Changes

GOLD has been the subject of several research reports. DA Davidson restated a “buy” rating and set a $60.00 price objective on shares of Gold.com in a research report on Thursday, September 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th. Canaccord Genuity Group dropped their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Zacks Research downgraded Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, Northland Securities set a $55.00 price objective on Gold.com in a report on Thursday, September 3rd. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Gold.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.

Gold.com News Roundup

Here are the key news stories impacting Gold.com this week:

• Positive Sentiment: Major shareholder increased its stake: Tether Global Investments Fund bought 100,000 GOLD shares at an average price of $39.30, increasing its holdings by 50% to 300,000 shares. The purchase may signal confidence in Gold.com’s longer-term prospects. Tether Global Investments Fund buys shares
• Positive Sentiment: Special dividend provides shareholder support: Gold.com declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. The dividend may help sustain interest in the stock ahead of the ex-dividend date.
• Positive Sentiment: Analyst sentiment remains favorable: Four analysts rate the shares Buy and two rate them Hold, producing a consensus “Moderate Buy” rating and an average price target of $58. Canaccord maintained Buy coverage despite reducing its target to $65, while DA Davidson and Northland Securities set targets of $60 and $55, respectively.
• Neutral Sentiment: Gold-price exposure remains a mixed factor: Gold.com’s wholesale, direct-to-consumer and secured-lending operations can benefit from elevated precious-metals prices, but revenue and earnings may remain volatile as trading activity and customer demand fluctuate.
• Negative Sentiment: Quarterly results missed expectations: Fiscal fourth-quarter EPS was $0.41 versus the $0.96 consensus estimate, while revenue of $5.01 billion missed the $5.67 billion forecast. Although revenue increased 99% year over year, it fell 52% sequentially, alongside declines in EBITDA and new-customer growth. Gold.com Q4 results
• Negative Sentiment: Multiple executives sold shares: CEO Gregory Roberts sold 40,000 shares across September 8–9, reducing his position by roughly 47%. COO Brian Aquilino sold 6,667 shares, and EVP Carol Meltzer sold 4,000 shares, cutting their holdings by 50% and 72.73%, respectively. The cluster of sales may raise concerns about near-term insider confidence.

Institutional Trading of Gold.com

A number of institutional investors have recently bought and sold shares of GOLD. Arizona State Retirement System increased its position in Gold.com by 7.1% during the 2nd quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after purchasing an additional 359 shares in the last quarter. Swiss National Bank boosted its position in Gold.com by 1.4% in the first quarter. Swiss National Bank now owns 36,500 shares of the company’s stock valued at $1,463,000 after buying an additional 500 shares in the last quarter. WINTON GROUP Ltd grew its stake in shares of Gold.com by 7.6% during the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after buying an additional 700 shares during the last quarter. Larson Financial Group LLC bought a new stake in shares of Gold.com during the fourth quarter worth $41,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Gold.com during the fourth quarter worth $42,000. Institutional investors own 62.85% of the company’s stock.

About Gold.com

Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.