1stdibs.Com, Inc. (NASDAQ:DIBS) Shares Acquired by Barclays PLC

Barclays PLC lifted its position in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 286.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,182 shares of the company’s stock after acquiring an additional 25,341 shares during the period. Barclays PLC owned 0.09% of 1stdibs.Com worth $150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new stake in 1stdibs.Com during the 2nd quarter worth about $333,000. Rhumbline Advisers grew its position in 1stdibs.Com by 6,785.5% during the 2nd quarter. Rhumbline Advisers now owns 25,201 shares of the company’s stock worth $113,000 after purchasing an additional 24,835 shares during the period. American Century Companies Inc. acquired a new stake in 1stdibs.Com during the 2nd quarter worth about $54,000. 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 period. Finally, Renaissance Technologies LLC grew its position in 1stdibs.Com by 74.6% during the 2nd quarter. Renaissance Technologies LLC now owns 536,000 shares of the company’s stock worth $2,407,000 after purchasing an additional 229,000 shares during the period. 66.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1stdibs.Com in a research report on Saturday, January 18th.

Insider Transactions at 1stdibs.Com

In other news, insider Matthew Rubinger sold 12,002 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were 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 directly owns 12,477 shares of the company’s stock, valued at approximately $49,159.38. This represents a 49.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 20.28% of the company’s stock.

1stdibs.Com Price Performance

Shares of 1stdibs.Com stock opened at $3.63 on Thursday. The stock has a market cap of $132.53 million, a P/E ratio of -8.64 and a beta of 0.94. The stock’s 50 day simple moving average is $3.70 and its 200-day simple moving average is $4.19. 1stdibs.Com, Inc. has a 1-year low of $3.37 and a 1-year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The company had revenue of $21.19 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the firm earned ($0.08) earnings per share. As a group, research analysts expect that 1stdibs.Com, Inc. will post -0.52 EPS for the current fiscal year.

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.