Harspring Capital Management LLC Makes New $1.08 Million Investment in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Harspring Capital Management LLC purchased a new stake in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 240,426 shares of the company’s stock, valued at approximately $1,080,000. 1stdibs.Com comprises approximately 0.3% of Harspring Capital Management LLC’s holdings, making the stock its 18th biggest position. Harspring Capital Management LLC owned 0.61% of 1stdibs.Com as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DIBS. Acadian Asset Management LLC raised its position in 1stdibs.Com by 99.6% in the 2nd quarter. Acadian Asset Management LLC now owns 260,626 shares of the company’s stock worth $1,167,000 after buying an additional 130,082 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of 1stdibs.Com by 7.3% during the first quarter. Vanguard Group Inc. now owns 1,259,464 shares of the company’s stock valued at $7,506,000 after purchasing an additional 85,757 shares during the last quarter. GSA Capital Partners LLP lifted its position in 1stdibs.Com by 6.1% during the first quarter. GSA Capital Partners LLP now owns 93,672 shares of the company’s stock valued at $558,000 after purchasing an additional 5,365 shares during the period. Panagora Asset Management Inc. purchased a new stake in 1stdibs.Com in the second quarter worth approximately $74,000. Finally, Jacobs Levy Equity Management Inc. grew its position in 1stdibs.Com by 57.2% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 111,933 shares of the company’s stock worth $667,000 after purchasing an additional 40,735 shares during the period. Institutional investors own 66.97% of the company’s stock.

Insider Buying and Selling at 1stdibs.Com

In other news, insider Matthew Rubinger sold 5,422 shares of 1stdibs.Com stock in a transaction on Monday, September 16th. The shares were sold at an average price of $4.63, for a total transaction of $25,103.86. Following the transaction, the insider now owns 32,611 shares in the company, valued at approximately $150,988.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 19.60% of the stock is owned by corporate insiders.

1stdibs.Com Trading Down 6.1 %

Shares of DIBS opened at $4.50 on Friday. The firm has a fifty day simple moving average of $4.54 and a two-hundred day simple moving average of $5.11. The firm has a market cap of $177.19 million, a PE ratio of -10.23 and a beta of 0.99. 1stdibs.Com, Inc. has a 1-year low of $3.52 and a 1-year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01). 1stdibs.Com had a negative net margin of 16.28% and a negative return on equity of 10.93%. The firm had revenue of $22.24 million for the quarter, compared to the consensus estimate of $21.70 million. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. As a group, research analysts forecast that 1stdibs.Com, Inc. will post -0.47 EPS for the current fiscal year.

1stdibs.Com Company 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.