Insider Selling: 1stdibs.com (NASDAQ:DIBS) CEO Sells 595,071 Shares of Stock

1stdibs.com, Inc. (NASDAQ:DIBS) CEO David Rosenblatt sold 595,071 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $5.09, for a total transaction of $3,028,911.39. Following the transaction, the chief executive officer owned 1,917,493 shares of the company’s stock, valued at $9,760,039.37. This represents a 23.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

1stdibs.com Price Performance

1stdibs.com stock traded up $0.32 during midday trading on Wednesday, reaching $5.69. The company had a trading volume of 308,315 shares, compared to its average volume of 478,394. 1stdibs.com, Inc. has a 12-month low of $2.30 and a 12-month high of $5.75. The company has a market capitalization of $208.31 million, a P/E ratio of -11.38 and a beta of 1.11. The firm’s fifty day simple moving average is $3.49 and its 200-day simple moving average is $2.97.

1stdibs.com (NASDAQ:DIBS) last posted its quarterly earnings data on Friday, November 7th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.03. The company had revenue of $21.97 million during the quarter, compared to analyst estimates of $21.51 million. 1stdibs.com had a negative return on equity of 18.56% and a negative net margin of 19.94%. 1stdibs.com has set its Q4 2025 guidance at EPS. On average, analysts expect that 1stdibs.com, Inc. will post -0.52 EPS for the current fiscal year.

Institutional Trading of 1stdibs.com

Hedge funds and other institutional investors have recently modified their holdings of the stock. Truffle Hound Capital LLC acquired a new position in shares of 1stdibs.com during the 2nd quarter valued at about $1,100,000. Joel Isaacson & Co. LLC increased its position in 1stdibs.com by 29.4% during the third quarter. Joel Isaacson & Co. LLC now owns 695,379 shares of the company’s stock worth $1,801,000 after purchasing an additional 158,169 shares during the last quarter. Topline Capital Management LLC raised its stake in 1stdibs.com by 341.6% during the third quarter. Topline Capital Management LLC now owns 192,115 shares of the company’s stock worth $498,000 after purchasing an additional 148,611 shares during the period. Harspring Capital Management LLC boosted its holdings in 1stdibs.com by 22.0% in the 3rd quarter. Harspring Capital Management LLC now owns 610,000 shares of the company’s stock valued at $1,580,000 after purchasing an additional 110,000 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of 1stdibs.com in the 2nd quarter valued at approximately $254,000. 66.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DIBS has been the topic of several recent research reports. Wall Street Zen raised shares of 1stdibs.com from a “sell” rating to a “hold” rating in a research note on Sunday, August 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of 1stdibs.com in a research note on Tuesday. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, 1stdibs.com has an average rating of “Reduce”.

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.