Key Points
- CEO Gregory Roberts sold 15,000 Gold.com shares at an average price of $46.86, generating approximately $702,900 and reducing his direct stake by 34.72%.
- Gold.com’s latest quarter missed expectations, with EPS of $0.41 versus the $0.96 consensus and revenue of $5.01 billion versus $5.67 billion expected.
- The company declared a $0.20-per-share special dividend, while analyst sentiment remains moderately bullish with a consensus price target of $58 and four Buy ratings versus two Holds.
Gold.com Inc. (NYSE:GOLD - Get Free Report) CEO Gregory Roberts sold 15,000 shares of Gold.com stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $46.86, for a total value of $702,900.00. Following the sale, the chief executive officer directly owned 28,202 shares in the company, valued at $1,321,545.72. The trade was a 34.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Gold.com Trading Down 7.1%
NYSE:GOLD opened at $45.81 on Friday. Gold.com Inc. has a 1 year low of $23.00 and a 1 year high of $66.70. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 15.69 and a beta of 0.56. The business has a fifty day moving average of $42.90 and a 200-day moving average of $44.11. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18.
Gold.com (NYSE:GOLD - Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.96 by ($0.55). Gold.com had a net margin of 0.32% and a return on equity of 18.15%. The business had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.67 billion. During the same period last year, the business posted $0.41 earnings per share. Equities analysts predict that Gold.com Inc. will post 3.73 earnings per share for the current year.
Gold.com Announces Dividend
The business also recently announced a special dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, September 16th will be given a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com's dividend payout ratio is currently 27.40%.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Northland Securities set a $55.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Gold.com in a research note on Monday, August 17th. DA Davidson reissued a "buy" rating and set a $60.00 target price on shares of Gold.com in a report on Thursday, September 3rd. Canaccord Genuity Group cut their target price on Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a research report on Thursday, September 3rd. Finally, Zacks Research lowered Gold.com from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $58.00.
View Our Latest Research Report on Gold.com
Key Gold.com News
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Major shareholder increased its stake: Tether Global Investments Fund bought 100,000 GOLD shares at an average price of $39.30, increasing its holdings by 50% to 300,000 shares. The purchase may signal confidence in Gold.com’s longer-term prospects. Tether Global Investments Fund buys shares
- Positive Sentiment: Special dividend provides shareholder support: Gold.com declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. The dividend may help sustain interest in the stock ahead of the ex-dividend date.
- Positive Sentiment: Analyst sentiment remains favorable: Four analysts rate the shares Buy and two rate them Hold, producing a consensus “Moderate Buy” rating and an average price target of $58. Canaccord maintained Buy coverage despite reducing its target to $65, while DA Davidson and Northland Securities set targets of $60 and $55, respectively.
- Neutral Sentiment: Gold-price exposure remains a mixed factor: Gold.com’s wholesale, direct-to-consumer and secured-lending operations can benefit from elevated precious-metals prices, but revenue and earnings may remain volatile as trading activity and customer demand fluctuate.
- Negative Sentiment: Quarterly results missed expectations: Fiscal fourth-quarter EPS was $0.41 versus the $0.96 consensus estimate, while revenue of $5.01 billion missed the $5.67 billion forecast. Although revenue increased 99% year over year, it fell 52% sequentially, alongside declines in EBITDA and new-customer growth. Gold.com Q4 results
- Negative Sentiment: Multiple executives sold shares: CEO Gregory Roberts sold 40,000 shares across September 8–9, reducing his position by roughly 47%. COO Brian Aquilino sold 6,667 shares, and EVP Carol Meltzer sold 4,000 shares, cutting their holdings by 50% and 72.73%, respectively. The cluster of sales may raise concerns about near-term insider confidence.
Institutional Investors Weigh In On Gold.com
Institutional investors and hedge funds have recently bought and sold shares of the business. Bailard Inc. bought a new position in shares of Gold.com during the 4th quarter valued at about $211,000. Simcoe Capital LLC bought a new stake in shares of Gold.com in the 4th quarter worth approximately $3,134,000. Gamco Investors INC. ET AL bought a new stake in Gold.com during the fourth quarter worth approximately $1,083,000. Larson Financial Group LLC bought a new stake in shares of Gold.com during the 4th quarter worth $41,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Gold.com during the 4th quarter worth $205,000. 62.85% of the stock is owned by institutional investors and hedge funds.
About Gold.com
(
Get Free Report)
Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through 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 complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.
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