David Rosenblatt Sells 595,071 Shares of 1stdibs.com (NASDAQ:DIBS) Stock

Key Points

  • CEO David Rosenblatt sold 595,071 shares at an average price of $5.09 for about $3.03 million, reducing his ownership by 23.68% to 1,917,493 shares (approx. $9.76 million).
  • The company beat last quarter's EPS and revenue estimates (EPS -$0.10 vs. -$0.13 est.; revenue $21.97M vs. $21.51M) but remains unprofitable with a negative ROE (18.56%) and net margin (-19.94%).
  • Shares trade near their 12‑month high (high $5.75, opened $5.69) with a market cap of about $208.3M and 50/200‑day SMAs of $3.49/$2.97, while analysts' average rating is "Reduce" (mixed hold/sell views).

1stdibs.com, Inc. (NASDAQ:DIBS - Get Free Report) CEO David Rosenblatt sold 595,071 shares of the firm's stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $5.09, for a total value of $3,028,911.39. Following the completion of the sale, the chief executive officer directly owned 1,917,493 shares in the company, valued at approximately $9,760,039.37. This represents a 23.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

1stdibs.com Stock Performance

NASDAQ DIBS opened at $5.69 on Thursday. The stock has a 50-day simple moving average of $3.49 and a 200 day simple moving average of $2.97. 1stdibs.com, Inc. has a twelve month low of $2.30 and a twelve month high of $5.75. The stock has a market capitalization of $208.31 million, a PE ratio of -11.38 and a beta of 1.11.

1stdibs.com (NASDAQ:DIBS - Get Free Report) last posted its quarterly earnings data on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.03. The company had revenue of $21.97 million during the quarter, compared to analysts' expectations of $21.51 million. 1stdibs.com had a negative return on equity of 18.56% and a negative net margin of 19.94%. 1stdibs.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that 1stdibs.com, Inc. will post -0.52 EPS for the current fiscal year.

Analysts Set New Price Targets




A number of equities research analysts recently weighed in on the company. Wall Street Zen raised 1stdibs.com from a "sell" rating to a "hold" rating in a research report on Sunday, August 10th. Weiss Ratings restated a "sell (d-)" rating on shares of 1stdibs.com in a research report on Tuesday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce".

View Our Latest Stock Report on 1stdibs.com

Institutional Investors Weigh In On 1stdibs.com

Several large investors have recently modified their holdings of DIBS. Bank of America Corp DE grew its position in 1stdibs.com by 31.8% in the fourth quarter. Bank of America Corp DE now owns 26,614 shares of the company's stock valued at $94,000 after acquiring an additional 6,424 shares during the period. Virtu Financial LLC bought a new stake in shares of 1stdibs.com in the 1st quarter worth about $63,000. Nuveen LLC acquired a new stake in shares of 1stdibs.com during the 1st quarter worth about $103,000. Kovitz Investment Group Partners LLC acquired a new position in 1stdibs.com in the first quarter valued at about $42,000. Finally, Beck Mack & Oliver LLC grew its stake in 1stdibs.com by 1.7% during the first quarter. Beck Mack & Oliver LLC now owns 3,344,426 shares of the company's stock worth $10,167,000 after buying an additional 55,116 shares during the last quarter. 66.97% of the stock is currently owned by institutional investors.

1stdibs.com Company Profile

(Get Free Report)

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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