Jane Street Group LLC Trims Position in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Jane Street Group LLC decreased its position in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) by 33.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,446 shares of the company’s stock after selling 7,660 shares during the period. Jane Street Group LLC’s holdings in 1stdibs.Com were worth $68,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in DIBS. State Street Corp raised its stake in shares of 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after acquiring an additional 5,985 shares during the period. Dimensional Fund Advisors LP grew its position in 1stdibs.Com by 3.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 180,377 shares of the company’s stock worth $810,000 after purchasing an additional 6,387 shares during the last quarter. American Century Companies Inc. purchased a new stake in 1stdibs.Com in the second quarter valued at approximately $54,000. SG Americas Securities LLC acquired a new position in shares of 1stdibs.Com in the 3rd quarter valued at about $56,000. Finally, Pitcairn Co. purchased a new position in 1stdibs.Com in the third quarter valued at $65,000. 66.97% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at 1stdibs.Com

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $3.94, for a total transaction of $47,287.88. Following the sale, the insider now directly owns 12,477 shares in the company, valued at approximately $49,159.38. The trade was a 49.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 20.28% of the company’s stock.

1stdibs.Com Stock Performance

1stdibs.Com stock opened at $3.68 on Thursday. The company has a market capitalization of $134.37 million, a PE ratio of -8.76 and a beta of 0.94. 1stdibs.Com, Inc. has a fifty-two week low of $3.37 and a fifty-two week high of $6.30. The firm has a 50 day moving average price of $3.76 and a 200 day moving average price of $4.23.

1stdibs.Com (NASDAQ:DIBS) last announced its quarterly earnings results on Friday, November 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The business had revenue of $21.19 million during the quarter, compared to analyst estimates of $21.61 million. During the same period last year, the company earned ($0.08) earnings per share. As a group, equities research analysts forecast that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.