Gold.com (NYSE:GOLD) Director Jeffrey Benjamin Sells 2,935 Shares

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 2,935 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $53.03, for a total value of $155,643.05. Following the completion of the transaction, the director directly owned 527,189 shares in the company, valued at approximately $27,956,832.67. The trade was a 0.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Gold.com Stock Up 1.0%

Shares of GOLD stock traded up $0.53 during mid-day trading on Tuesday, reaching $50.63. 525,810 shares of the company were exchanged, compared to its average volume of 855,079. The company has a current ratio of 1.21, a quick ratio of 0.66 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $1.28 billion, a P/E ratio of 107.71 and a beta of 0.40. Gold.com Inc. has a fifty-two week low of $19.39 and a fifty-two week high of $66.70.

Gold.com (NYSE:GOLD) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.91 earnings per share (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 analysts’ expectations of $3.41 billion.

Gold.com Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, February 20th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, February 20th. Gold.com’s dividend payout ratio is 170.21%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Roth Mkm set a $60.00 price objective on Gold.com in a report on Wednesday, January 28th. Weiss Ratings started coverage on Gold.com in a report on Wednesday, January 14th. They set a “hold (c-)” rating on the stock. 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 research report on Friday, February 6th. Zacks Research upgraded Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, DA Davidson raised their price objective on Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $59.00.

Hedge Funds Weigh In On Gold.com

Institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP bought a new stake in shares of Gold.com in the 4th quarter worth approximately $40,273,000. Charles Schwab Investment Management Inc. bought a new position in Gold.com during the 4th quarter worth $32,408,000. Jacobs Levy Equity Management Inc. acquired a new stake in Gold.com in the fourth quarter worth $17,971,000. Geode Capital Management LLC acquired a new stake in Gold.com in the fourth quarter worth $15,790,000. Finally, State Street Corp bought a new stake in Gold.com in the fourth quarter valued at $15,019,000. 62.85% of the stock is owned by institutional investors.

About Gold.com

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.