Joel Isaacson & Co. LLC Cuts Position in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Joel Isaacson & Co. LLC lessened its position in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 21.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 687,210 shares of the company’s stock after selling 182,402 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in 1stdibs.Com were worth $2,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of 1stdibs.Com by 2.1% in the 3rd quarter. State Street Corp now owns 294,330 shares of the company’s stock worth $1,298,000 after purchasing an additional 5,985 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in 1stdibs.Com by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company’s stock worth $810,000 after buying an additional 6,387 shares during the last quarter. SG Americas Securities LLC purchased a new stake in 1stdibs.Com in the third quarter worth approximately $56,000. Pitcairn Co. bought a new position in 1stdibs.Com during the third quarter valued at approximately $65,000. Finally, Garden State Investment Advisory Services LLC purchased a new position in shares of 1stdibs.Com during the third quarter worth approximately $93,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.

1stdibs.Com Price Performance

Shares of 1stdibs.Com stock opened at $4.05 on Friday. 1stdibs.Com, Inc. has a one year low of $3.37 and a one year high of $6.30. The business’s 50 day simple moving average is $3.70 and its two-hundred day simple moving average is $4.14. The stock has a market capitalization of $147.87 million, a P/E ratio of -9.64 and a beta of 0.96.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, November 8th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The firm had revenue of $21.19 million during the quarter, compared to analysts’ expectations of $21.61 million. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. During the same period in the previous year, the firm earned ($0.08) earnings per share. Sell-side analysts expect that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research note on Monday, December 16th. Weiss Ratings restated a “sell (e+)” rating on shares of 1stdibs.Com in a research report on Saturday, February 1st.

Insiders Place Their Bets

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total value of $47,287.88. Following the completion of the sale, the insider now owns 12,477 shares in the company, valued at approximately $49,159.38. This trade represents a 49.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 20.28% of the company’s stock.

1stdibs.Com 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.