Gold.com (NYSE:GOLD) Director Sells 1,000 Shares of Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 1,000 shares of the firm’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $47.34, for a total value of $47,340.00. Following the transaction, the director owned 27,756 shares in the company, valued at $1,313,969.04. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Moorhead John also recently made the following trade(s):

• On Friday, September 11th, Moorhead John sold 1,500 shares of Gold.com stock. The stock was sold at an average price of $48.41, for a total value of $72,615.00.

Gold.com Trading Up 1.7%

Shares of Gold.com stock traded up $0.80 during trading on Tuesday, hitting $48.12. 74,255 shares of the stock traded hands, compared to its average volume of 615,011. The stock’s fifty day simple moving average is $43.05 and its 200 day simple moving average is $43.98. The firm has a market cap of $1.40 billion, a P/E ratio of 16.48 and a beta of 0.56. Gold.com Inc. has a 52-week low of $23.00 and a 52-week high of $66.70.

Gold.com (NYSE:GOLD) last released its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). Gold.com had a return on equity of 17.22% and a net margin of 0.32%.The business had revenue of $5.01 billion during the quarter, compared to analysts’ expectations of $5.67 billion. During the same period last year, the company earned $0.41 earnings per share. As a group, equities analysts expect that Gold.com Inc. will post 3.73 EPS for the current year.

Gold.com Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently commented on GOLD. Northland Securities set a $55.00 price objective on shares of Gold.com in a research note on Thursday, September 3rd. Canaccord Genuity Group cut their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Zacks Research cut Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock 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 hedge funds and other institutional investors have recently bought and sold shares of the company. SkyView Investment Advisors LLC purchased a new position in Gold.com in the second quarter worth $125,000. WINTON GROUP Ltd increased its position in shares of Gold.com by 7.6% during the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after purchasing an additional 700 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Gold.com during the 2nd quarter valued at $225,000. Squarepoint Ops LLC purchased a new stake in shares of Gold.com during the 2nd quarter valued at $387,000. Finally, Arizona State Retirement System boosted its position in shares of Gold.com by 7.1% in the 2nd quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after purchasing an additional 359 shares in the last quarter. Hedge funds and other 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.