Gold.com (NYSE:GOLD) EVP Carol Meltzer Sells 4,000 Shares

Gold.com Inc. (NYSE:GOLD) EVP Carol Meltzer sold 4,000 shares of Gold.com stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $46.86, for a total transaction of $187,440.00. Following the transaction, the executive vice president directly owned 1,500 shares of the company’s stock, valued at $70,290. This represents a 72.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Gold.com Price Performance

Shares of Gold.com stock opened at $49.48 on Thursday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.95 and a beta of 0.56. The firm’s 50-day moving average price is $42.87 and its two-hundred day moving average price is $44.20. The company has a current ratio of 1.18, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11. Gold.com Inc. has a 1-year low of $22.00 and a 1-year high of $66.70.

Gold.com (NYSE:GOLD) last posted its earnings results 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 firm had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $5.67 billion. Gold.com had a net margin of 0.32% and a return on equity of 18.15%. During the same quarter last year, the firm posted $0.41 EPS. On average, equities analysts predict that Gold.com Inc. will post 3.73 earnings per share for the current fiscal year.

Gold.com Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com’s payout ratio is currently 27.40%.

Institutional Investors Weigh In On Gold.com

A number of institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC acquired a new position in shares of Gold.com during the fourth quarter valued at $35,000. New York State Teachers Retirement System acquired a new stake in Gold.com in the fourth quarter worth about $55,000. Bailard Inc. bought a new stake in Gold.com during the 4th quarter worth about $211,000. Simcoe Capital LLC acquired a new position in Gold.com during the 4th quarter valued at about $3,134,000. Finally, Gamco Investors INC. ET AL bought a new position in shares of Gold.com in the 4th quarter valued at about $1,083,000. Institutional investors own 62.85% of the company’s stock.

More Gold.com News

Here are the key news stories impacting Gold.com this week:

• Positive Sentiment: Major shareholder adds to position: Tether Global Investments Fund purchased 100,000 GOLD shares at an average of $39.30, increasing its ownership by 50% to 300,000 shares. The transaction may signal confidence from a significant shareholder. Tether Global Investments Fund Buys 100,000 Shares of Gold.com Stock
• Positive Sentiment: Special dividend announced: Gold.com declared a $0.20-per-share special dividend payable September 28 to shareholders of record September 16. The payment could support investor interest, though the stock’s payout ratio is relatively modest at 27.40%.
• Positive Sentiment: Analyst outlook remains favorable: Gold.com has a consensus “Moderate Buy” rating and an average price target of $58.00. Canaccord lowered its target to $65 from $70 but maintained a Buy rating, while DA Davidson reiterated its Buy rating with a $60 target. Northland Securities set a $55 target.
• Neutral Sentiment: Gold-related exposure remains a key theme: Gold.com operates wholesale precious-metals sales, direct-to-consumer and secured-lending businesses. Its shares remain sensitive to gold prices, which can benefit revenue but also contribute to volatility.
• Negative Sentiment: Quarterly performance missed expectations: Fiscal fourth-quarter revenue rose 99% year over year but fell 52% sequentially. EPS, EBITDA and new-customer growth also declined sharply from the prior quarter. The latest quarter produced $0.41 EPS versus the $0.96 consensus estimate, while revenue of $5.01 billion missed the $5.67 billion forecast. Gold.com’s Q4 Results Show Why This Stock Is More Than a Gold Bet
• Negative Sentiment: Executives sold shares: COO Brian Aquilino sold 6,667 shares for approximately $313,482, while EVP Carol Meltzer sold 4,000 shares for $187,440. Their holdings fell 50% and 72.73%, respectively, potentially weighing on sentiment.

Analyst Ratings Changes

A number of analysts have recently weighed in on GOLD shares. Northland Securities set a $55.00 target price on Gold.com in a research note on Thursday, September 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Canaccord Genuity Group lowered their price objective on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, DA Davidson reiterated a “buy” rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Gold.com presently has an average rating of “Moderate Buy” and a consensus price target of $58.00.

About Gold.com

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.