Garden State Investment Advisory Services LLC Invests $93,000 in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Garden State Investment Advisory Services LLC bought a new position in shares of 1stdibs.Com, Inc. (NASDAQ:DIBS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,000 shares of the company’s stock, valued at approximately $93,000. Garden State Investment Advisory Services LLC owned approximately 0.06% of 1stdibs.Com at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position 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 worth $1,298,000 after acquiring an additional 5,985 shares in the last quarter. 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 in the last quarter. American Century Companies Inc. acquired a new stake in 1stdibs.Com during the 2nd quarter valued at $54,000. SG Americas Securities LLC purchased a new stake in shares of 1stdibs.Com in the third quarter valued at $56,000. Finally, Pitcairn Co. acquired a new stake in shares of 1stdibs.Com in the third quarter worth $65,000. 66.97% of the stock is currently owned by institutional investors and hedge funds.

1stdibs.Com Trading Up 7.4 %

NASDAQ:DIBS opened at $3.65 on Friday. The business’s fifty day moving average price is $4.09 and its 200 day moving average price is $4.47. The firm has a market capitalization of $133.26 million, a price-to-earnings ratio of -8.69 and a beta of 0.94. 1stdibs.Com, Inc. has a 1-year low of $3.37 and a 1-year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last announced its quarterly earnings results on Friday, November 8th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $21.19 million during 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 period in the prior year, the firm earned ($0.08) EPS. Equities analysts forecast that 1stdibs.Com, Inc. will post -0.52 earnings per share for the current year.

Insider Activity at 1stdibs.Com

In related news, insider Matthew Rubinger sold 5,422 shares of 1stdibs.Com stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $4.63, for a total transaction of $25,103.86. Following the sale, the insider now directly owns 32,611 shares of the company’s stock, valued at $150,988.93. This trade represents a 14.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 20,510 shares of company stock worth $86,279 in the last ninety days. 19.60% of the stock is currently owned by insiders.

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.