Gregory Roberts Sells 25,000 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) CEO Gregory Roberts sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $49.36, for a total transaction of $1,234,000.00. Following the completion of the sale, the chief executive officer directly owned 28,202 shares of the company’s stock, valued at approximately $1,392,050.72. The trade was a 46.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Gold.com Stock Performance

NYSE:GOLD opened at $48.13 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18. The stock has a market capitalization of $1.40 billion, a PE ratio of 16.48 and a beta of 0.56. Gold.com Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $66.70. The company has a fifty day moving average of $42.99 and a two-hundred day moving average of $44.14.

Gold.com (NYSE:GOLD) last announced its earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.55). The company had revenue of $5.01 billion during the quarter, compared to analyst estimates 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 business earned $0.41 EPS. As a group, research analysts forecast that Gold.com Inc. will post 3.73 earnings per share for the current fiscal year.

Gold.com Announces Dividend

The company 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 dividend of $0.20 per share. The ex-dividend date is Wednesday, September 16th. Gold.com’s payout ratio is 27.40%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on GOLD shares. DA Davidson restated a “buy” rating and issued a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Gold.com in a report on Monday, August 17th. Zacks Research lowered shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Canaccord Genuity Group reduced their target price 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. Finally, Northland Securities set a $55.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Four 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, the company currently has an average rating of “Moderate Buy” and an average price target of $58.00.

Hedge Funds Weigh In On Gold.com

A number of institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System boosted its stake in Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after buying an additional 359 shares during the last quarter. Swiss National Bank increased its stake in shares of Gold.com by 1.4% in the 1st quarter. Swiss National Bank now owns 36,500 shares of the company’s stock worth $1,463,000 after acquiring an additional 500 shares during the last quarter. WINTON GROUP Ltd increased its stake in shares of Gold.com by 7.6% in the 2nd quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after acquiring an additional 700 shares during the last quarter. Larson Financial Group LLC purchased a new position in shares of Gold.com during the 4th quarter worth $41,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Gold.com during the 4th quarter worth $42,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

Gold.com Company Profile

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.