Barclays PLC Acquires 25,341 Shares of 1stdibs.Com, Inc. (NASDAQ:DIBS)

Barclays PLC grew its stake in 1stdibs.Com, Inc. (NASDAQ:DIBS) by 286.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,182 shares of the company’s stock after purchasing an additional 25,341 shares during the period. Barclays PLC’s holdings in 1stdibs.Com were worth $150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DIBS. State Street Corp boosted its stake in 1stdibs.Com by 2.1% in the 3rd quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after buying an additional 5,985 shares in the last quarter. Portolan Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 7.1% during the third quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock valued at $3,121,000 after acquiring an additional 46,699 shares during the period. Harspring Capital Management LLC boosted 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 valued at $1,942,000 after purchasing an additional 199,951 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new stake in shares of 1stdibs.Com in the 3rd quarter worth about $93,000. Finally, Pitcairn Co. acquired a new stake in shares of 1stdibs.Com during the 3rd quarter worth about $65,000. 66.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other 1stdibs.Com news, insider Matthew Rubinger sold 12,002 shares of the company’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 transaction, the insider now owns 12,477 shares of the company’s stock, valued at approximately $49,159.38. This represents a 49.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 19.60% of the company’s stock.

1stdibs.Com Price Performance

NASDAQ DIBS opened at $3.56 on Wednesday. The stock’s 50 day simple moving average is $3.83 and its 200 day simple moving average is $4.26. 1stdibs.Com, Inc. has a one year low of $3.37 and a one year high of $6.30. The firm has a market cap of $129.99 million, a PE ratio of -8.48 and a beta of 0.94.

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