Bank of New York Mellon Corp bought a new stake in 1stdibs.Com, Inc. (NASDAQ:DIBS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 74,073 shares of the company’s stock, valued at approximately $333,000. Bank of New York Mellon Corp owned approximately 0.19% of 1stdibs.Com as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. Virtu Financial LLC raised its stake in shares of 1stdibs.Com by 23.8% during the first quarter. Virtu Financial LLC now owns 12,436 shares of the company’s stock valued at $74,000 after purchasing an additional 2,389 shares during the period. GSA Capital Partners LLP lifted its holdings in 1stdibs.Com by 6.1% in the 1st quarter. GSA Capital Partners LLP now owns 93,672 shares of the company’s stock worth $558,000 after buying an additional 5,365 shares in the last quarter. Quadrature Capital Ltd purchased a new position in 1stdibs.Com in the 1st quarter valued at about $124,000. Jacobs Levy Equity Management Inc. grew its stake in shares of 1stdibs.Com by 57.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 111,933 shares of the company’s stock valued at $667,000 after acquiring an additional 40,735 shares in the last quarter. Finally, Vanguard Group Inc. increased its position 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 worth $7,506,000 after acquiring an additional 85,757 shares during the last quarter. 66.97% of the stock is currently owned by hedge funds and other institutional investors.
1stdibs.Com Stock Performance
Shares of DIBS opened at $4.49 on Thursday. 1stdibs.Com, Inc. has a one year low of $3.52 and a one year high of $6.30. The stock has a 50-day moving average price of $4.52 and a 200 day moving average price of $5.10. The company has a market capitalization of $176.80 million, a P/E ratio of -10.20 and a beta of 0.99.
Insider Activity
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 value of $25,103.86. Following the completion of the transaction, the insider now directly owns 32,611 shares in the company, valued at $150,988.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 19.60% of the company’s stock.
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.
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