Gold.com (NYSE:GOLD) Director Sells 75,179 Shares

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 75,179 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $60.94, for a total transaction of $4,581,408.26. Following the completion of the transaction, the director owned 94,240 shares in the company, valued at $5,742,985.60. This trade represents a 44.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Gold.com Trading Down 3.4%

NYSE:GOLD traded down $2.08 during trading hours on Tuesday, reaching $58.83. 1,114,710 shares of the company were exchanged, compared to its average volume of 945,437. 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 0.66. The company has a market capitalization of $1.49 billion, a P/E ratio of 125.17 and a beta of 0.40.

Gold.com (NYSE:GOLD) 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. Gold.com’s dividend payout ratio (DPR) is presently 170.21%.

Hedge Funds Weigh In On Gold.com

Several large investors have recently bought and sold shares of GOLD. CWM LLC bought a new stake in shares of Gold.com during the 4th quarter worth $35,000. New York State Teachers Retirement System purchased a new position in Gold.com in the fourth quarter valued at about $55,000. Simcoe Capital LLC bought a new position in shares of Gold.com during the 4th quarter valued at approximately $3,134,000. Bailard Inc. bought a new position in shares of Gold.com during the 4th quarter valued at approximately $211,000. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of Gold.com during the 4th quarter worth approximately $32,408,000. 62.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on GOLD shares. Northland Securities upgraded Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 target price for the company in a report on Friday, February 6th. Roth Mkm set a $60.00 price objective on shares of Gold.com in a research note on Wednesday, January 28th. DA Davidson increased their target price on shares of Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Zacks Research upgraded shares of Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Weiss Ratings assumed coverage on Gold.com in a research report on Wednesday, January 14th. They issued a “hold (c-)” rating for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $59.00.

Gold.com Company Profile

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.