Key Points
- Director Jeffrey Benjamin sold 13,952 shares of Gold.com at an average price of $44.26, generating approximately $617,516 and reducing his ownership by 4.75%.
- Gold.com’s latest quarterly results fell short of expectations, with EPS of $0.41 versus the $0.96 consensus estimate and revenue of $5.01 billion versus $5.67 billion expected.
- The company declared a special $0.20-per-share dividend, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $58.00.
Gold.com Inc. (NYSE:GOLD - Get Free Report) Director Jeffrey Benjamin sold 7,067 shares of the stock in a transaction on Friday, September 18th. The stock was sold at an average price of $45.24, for a total transaction of $319,711.08. Following the transaction, the director directly owned 293,546 shares in the company, valued at approximately $13,280,021.04. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Gold.com Trading Up 2.1%
GOLD opened at $44.71 on Wednesday. The company has a fifty day moving average price of $43.71 and a two-hundred day moving average price of $43.53. Gold.com Inc. has a 1-year low of $23.00 and a 1-year high of $66.70. The company has a market cap of $1.30 billion, a P/E ratio of 15.31 and a beta of 0.56.
Gold.com (NYSE:GOLD - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.55). The company had revenue of $5.01 billion for the quarter, compared to the consensus estimate of $5.67 billion. Gold.com had a return on equity of 17.22% and a net margin of 0.32%.During the same period last year, the company earned $0.41 EPS. On average, research analysts forecast that Gold.com Inc. will post 3.73 EPS for the current fiscal year.
Gold.com Announces Dividend
The company also recently declared a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be issued a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com's dividend payout ratio is presently 27.40%.
Institutional Investors Weigh In On Gold.com
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jacobs Asset Management LLC purchased a new stake in shares of Gold.com in the fourth quarter valued at about $10,215,000. Empowered Funds LLC increased its stake in Gold.com by 42.5% in the 1st quarter. Empowered Funds LLC now owns 277,029 shares of the company's stock valued at $11,103,000 after buying an additional 82,637 shares during the last quarter. CenterBook Partners LP purchased a new stake in Gold.com in the 4th quarter valued at about $9,171,000. Pacer Advisors Inc. bought a new position in shares of Gold.com during the 4th quarter worth approximately $6,185,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Gold.com during the 2nd quarter worth approximately $7,143,000. 62.85% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
GOLD has been the topic of a number of research reports. DA Davidson reaffirmed a "buy" rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Northland Securities set a $55.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Wall Street Zen lowered shares of Gold.com from a "hold" rating to a "sell" rating in a research note on Saturday, September 12th. Zacks Research lowered shares of Gold.com from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 1st. Finally, Canaccord Genuity Group reduced their price objective on shares of Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a report on Thursday, September 3rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Gold.com has a consensus rating of "Moderate Buy" and an average target price of $58.00.
View Our Latest Stock Report on Gold.com
Gold.com News Summary
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Gold.com appointed Jill Van as chief financial officer, a leadership development that could support financial planning and investor confidence, although the announcement provided limited operational detail. Gold.com Names Jill Van as CFO
- Neutral Sentiment: A market comparison involving Herc Holdings and Gold.com offered no specific new information about Gold.com’s earnings, operations, or valuation, limiting its likely impact on the stock. Analyzing Herc and Gold.com
- Negative Sentiment: Director Jeffrey Benjamin sold 39,067 Gold.com shares over September 18–22 for approximately $1.74 million in total proceeds. His ownership declined to 261,546 shares, or roughly 13% below his pre-sale position. The sales may signal profit-taking rather than a fundamental change, but repeated insider selling can weigh on sentiment. SEC insider transaction filing
- Negative Sentiment: Gold.com recently settled at $43.80 after declining 3.65% despite broader market gains, indicating company-specific selling pressure. The weakness followed the company’s latest earnings report, which showed EPS and revenue below consensus estimates. Gold.com Stock Drops Despite Market Gains
Gold.com Company Profile
(
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.
Further Reading
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