Key Points
- Insider sale: Director John Moorhead sold 3,000 shares at an average price of $62.89 on Feb. 10, trimming his stake by about 8.51% to 32,256 shares (approx. $2.03M), as disclosed in an SEC filing.
- Strong quarter and market reaction: Gold.com reported EPS of $0.91 vs. $0.70 expected and revenue of $6.48B vs. $3.41B expected, helping push the stock to a 52‑week high and attract analyst upgrades and a consensus "Buy" rating (avg. target $59).
- Dividend declared but payout stretched: The company set a quarterly dividend of $0.20 (annualized $0.80, yield ~1.3%) payable Mar. 4 with an ex‑dividend date of Feb. 20, although the dividend payout ratio is a high 170.21%, which may raise sustainability concerns.
Gold.com Inc. (NYSE:GOLD - Get Free Report) Director Moorhead John sold 3,000 shares of Gold.com stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $62.89, for a total value of $188,670.00. Following the completion of the transaction, the director owned 32,256 shares in the company, valued at approximately $2,028,579.84. This represents a 8.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Gold.com Stock Performance
Shares of GOLD stock opened at $62.99 on Thursday. The stock has a market cap of $1.59 billion, a P/E ratio of 134.03 and a beta of 0.41. Gold.com Inc. has a 1-year low of $19.39 and a 1-year high of $66.70. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.58.
Gold.com (NYSE:GOLD - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.21. Gold.com had a return on equity of 7.56% and a net margin of 0.08%.The business had revenue of $6.48 billion for the quarter, compared to analysts' expectations of $3.41 billion.
Gold.com Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, February 20th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 20th. Gold.com's dividend payout ratio is currently 170.21%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC purchased a new stake in Gold.com in the fourth quarter worth $35,000. Larson Financial Group LLC bought a new stake in shares of Gold.com during the 4th quarter valued at $41,000. State of Alaska Department of Revenue bought a new stake in shares of Gold.com during the 4th quarter valued at $44,000. New York State Teachers Retirement System purchased a new stake in shares of Gold.com in the 4th quarter worth about $55,000. Finally, Daytona Street Capital LLC bought a new position in shares of Gold.com in the 4th quarter worth about $68,000. Hedge funds and other institutional investors own 62.85% of the company's stock.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. Zacks Research upgraded shares of Gold.com from a "hold" rating to a "strong-buy" rating in a research report on Monday. Weiss Ratings initiated coverage on Gold.com in a research note on Wednesday, January 14th. They issued a "hold (c-)" rating on the stock. Roth Mkm set a $60.00 price target on Gold.com in a research report on Wednesday, January 28th. DA Davidson increased their price objective on Gold.com from $53.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Finally, Northland Securities raised Gold.com from a "market perform" rating to an "outperform" rating and set a $57.00 target price on the stock in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $59.00.
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Gold.com Company Profile
(
Get Free Report)
A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates in three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.
Further Reading
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