1stdibs.com (NASDAQ:DIBS) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of 1stdibs.com (NASDAQ:DIBS – Free Report) to a hold rating in a research note published on Friday morning.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1stdibs.com in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Read Our Latest Analysis on DIBS

1stdibs.com Stock Up 0.2%

DIBS stock opened at $5.70 on Friday. The firm has a 50 day moving average of $3.61 and a two-hundred day moving average of $3.02. 1stdibs.com has a 12 month low of $2.30 and a 12 month high of $5.81. The company has a market capitalization of $208.68 million, a price-to-earnings ratio of -11.40 and a beta of 1.05.

1stdibs.com (NASDAQ:DIBS – Get Free Report) last released its quarterly earnings results on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03. The business had revenue of $21.97 million for the quarter, compared to the consensus estimate of $21.51 million. 1stdibs.com had a negative net margin of 19.94% and a negative return on equity of 18.56%. 1stdibs.com has set its Q4 2025 guidance at EPS. On average, research analysts expect that 1stdibs.com will post -0.52 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO David S. Rosenblatt sold 595,071 shares of 1stdibs.com stock in a transaction on Monday, November 24th. The shares were sold at an average price of $5.09, for a total value of $3,028,911.39. Following the transaction, the chief executive officer owned 1,917,493 shares in the company, valued at $9,760,039.37. This trade represents a 23.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Thomas J. Etergino sold 19,391 shares of the business’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $2.80, for a total transaction of $54,294.80. Following the transaction, the chief financial officer directly owned 240,937 shares of the company’s stock, valued at approximately $674,623.60. This represents a 7.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 697,413 shares of company stock worth $3,315,469 in the last quarter. 23.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On 1stdibs.com

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in 1stdibs.com by 59.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,395 shares of the company’s stock worth $27,000 after buying an additional 3,862 shares during the period. Catalyst Funds Management Pty Ltd bought a new stake in shares of 1stdibs.com in the second quarter valued at approximately $30,000. Jump Financial LLC acquired a new stake in shares of 1stdibs.com in the second quarter worth $30,000. Bank of America Corp DE increased its position in 1stdibs.com by 43.5% during the third quarter. Bank of America Corp DE now owns 13,216 shares of the company’s stock worth $34,000 after acquiring an additional 4,006 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in 1stdibs.com during the 3rd quarter valued at $34,000. Institutional investors and hedge funds own 66.97% of the company’s stock.

About 1stdibs.com

(Get Free Report)

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.

Further Reading