Weiss Ratings Reaffirms “Sell (E+)” Rating for 1stdibs.Com (NASDAQ:DIBS)

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (e+)” rating restated by equities researchers at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Price Performance

Shares of NASDAQ:DIBS opened at $4.06 on Wednesday. The firm has a market capitalization of $148.23 million, a PE ratio of -9.67 and a beta of 0.97. The business has a 50-day moving average of $3.75 and a two-hundred day moving average of $4.11. 1stdibs.Com has a 12 month low of $3.37 and a 12 month high of $6.30.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp lifted its holdings in 1stdibs.Com by 2.1% during the 3rd quarter. State Street Corp now owns 294,330 shares of the company’s stock worth $1,298,000 after buying an additional 5,985 shares during the last quarter. Barclays PLC raised its stake in shares of 1stdibs.Com by 286.6% in the 3rd quarter. Barclays PLC now owns 34,182 shares of the company’s stock worth $150,000 after buying an additional 25,341 shares in the last quarter. Joel Isaacson & Co. LLC raised its stake in shares of 1stdibs.Com by 24.0% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 869,612 shares of the company’s stock worth $3,835,000 after buying an additional 168,226 shares in the last quarter. Harspring Capital Management LLC raised its stake in shares of 1stdibs.Com by 83.2% in the 3rd quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock worth $1,942,000 after buying an additional 199,951 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of 1stdibs.Com by 151.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock worth $469,000 after acquiring an additional 64,107 shares during the last quarter. Hedge funds and other institutional investors own 66.97% of the company’s stock.

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.