Gregory Roberts Sells 15,000 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) CEO Gregory Roberts sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $46.86, for a total transaction of $702,900.00. Following the completion of the transaction, the chief executive officer owned 28,202 shares in the company, valued at approximately $1,321,545.72. The trade was a 34.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gold.com Stock Performance

Shares of GOLD stock opened at $48.13 on Friday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 16.48 and a beta of 0.56. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.29 and a current ratio of 1.18. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70. The company’s 50-day moving average is $42.99 and its 200 day moving average is $44.14.

Gold.com (NYSE:GOLD) last issued 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 firm had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. Gold.com had a return on equity of 18.15% and a net margin of 0.32%.During the same period last year, the firm posted $0.41 earnings per share. Sell-side analysts expect that Gold.com Inc. will post 3.73 EPS 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. Investors of record on Wednesday, September 16th will be issued a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com’s payout ratio is presently 27.40%.

Analyst Upgrades and Downgrades

GOLD has been the topic of several recent analyst reports. Northland Securities set a $55.00 target price on Gold.com in a research note on Thursday, September 3rd. Zacks Research downgraded Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Wall Street Zen cut Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday. DA Davidson reiterated a “buy” rating and issued a $60.00 price objective on shares of Gold.com in a report on Thursday, September 3rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Gold.com presently has an average rating of “Moderate Buy” and an average price target of $58.00.

Institutional Investors Weigh In On Gold.com

A number of large investors have recently added to or reduced their stakes in GOLD. Larson Financial Group LLC purchased a new stake in Gold.com during the 4th quarter valued at $41,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Gold.com in the 4th quarter worth $42,000. CANADA LIFE ASSURANCE Co purchased a new position in shares of Gold.com in the 4th quarter worth $76,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Gold.com in the fourth quarter worth $182,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Gold.com in the fourth quarter worth $205,000. Institutional investors own 62.85% of the company’s stock.

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.