Gold.com Inc. (NYSE:GOLD - Get Free Report) EVP Carol Meltzer sold 2,000 shares of the company's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $56.38, for a total value of $112,760.00. Following the sale, the executive vice president owned 23,500 shares of the company's stock, valued at approximately $1,324,930. The trade was a 7.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Gold.com Stock Down 0.5%
GOLD stock opened at $56.55 on Wednesday. Gold.com Inc. has a 52 week low of $19.39 and a 52 week 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 0.66. The stock has a market capitalization of $1.43 billion, a P/E ratio of 120.32 and a beta of 0.40.
Gold.com (NYSE:GOLD - Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.70 by $0.21. Gold.com had a net margin of 0.08% and a return on equity of 7.56%. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $3.41 billion.
Gold.com Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, February 20th. This represents a $0.80 annualized dividend and a yield of 1.4%. Gold.com's dividend payout ratio is presently 170.21%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. CWM LLC acquired a new stake in shares of Gold.com in the fourth quarter valued at about $35,000. Larson Financial Group LLC acquired a new stake in Gold.com during the 4th quarter valued at approximately $41,000. Caitong International Asset Management Co. Ltd bought a new position in Gold.com during the 4th quarter worth approximately $42,000. State of Alaska Department of Revenue acquired a new position in shares of Gold.com in the 4th quarter worth approximately $44,000. Finally, New York State Teachers Retirement System bought a new stake in shares of Gold.com in the 4th quarter valued at $55,000. 62.85% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently weighed in on the company. Weiss Ratings started coverage on Gold.com in a research note on Wednesday, January 14th. They issued a "hold (c-)" rating on the stock. Northland Securities raised shares of Gold.com from a "market perform" rating to an "outperform" rating and set a $57.00 price objective for the company in a research note on Friday, February 6th. Zacks Research raised shares of Gold.com from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 9th. DA Davidson upped their price target on shares of Gold.com from $53.00 to $60.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Finally, Roth Mkm set a $60.00 price objective on Gold.com in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $59.00.
Read Our Latest Stock Report on GOLD
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.
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