Jeffrey Benjamin Sells 4,821 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 4,821 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $62.42, for a total value of $300,926.82. Following the sale, the director owned 169,419 shares of the company’s stock, valued at $10,575,133.98. This trade represents a 2.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Gold.com Stock Performance

Shares of NYSE:GOLD opened at $57.66 on Thursday. 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 firm has a market cap of $1.46 billion, a price-to-earnings ratio of 122.68 and a beta of 0.41. Gold.com Inc. has a 1-year low of $19.39 and a 1-year high of $66.70.

Gold.com (NYSE:GOLD) last announced 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 company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $3.41 billion.

Gold.com Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GOLD shares. Roth Mkm set a $60.00 target price on Gold.com in a report on Wednesday, January 28th. Northland Securities upgraded Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 price objective for the company in a research note on Friday, February 6th. DA Davidson lifted their target price on 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 raised shares of Gold.com from a “hold” rating to a “strong-buy” rating in a report on Monday, February 9th. Finally, Weiss Ratings started coverage on shares of Gold.com in a research report on Wednesday, January 14th. They set a “hold (c-)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $59.00.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GOLD. Dimensional Fund Advisors LP purchased a new stake in Gold.com in the 4th quarter worth about $40,273,000. Charles Schwab Investment Management Inc. bought a new position in Gold.com during the fourth quarter worth about $32,408,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of Gold.com in the fourth quarter worth about $17,971,000. Geode Capital Management LLC bought a new stake in shares of Gold.com in the fourth quarter valued at approximately $15,790,000. Finally, State Street Corp purchased a new stake in shares of Gold.com during the 4th quarter valued at approximately $15,019,000. Hedge funds and other institutional investors own 62.85% of the company’s stock.

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.