Jeffrey Benjamin Sells 25,000 Shares of Gold.com (NYSE:GOLD) Stock

Gold.com Inc. (NYSE:GOLD) Director Jeffrey Benjamin sold 25,000 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $57.10, for a total value of $1,427,500.00. Following the completion of the sale, the director directly owned 569,664 shares in the company, valued at approximately $32,527,814.40. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Gold.com Stock Down 1.8%

Shares of NYSE:GOLD traded down $1.00 during midday trading on Tuesday, reaching $55.86. The company’s stock had a trading volume of 359,939 shares, compared to its average volume of 881,845. The company has a market capitalization of $1.41 billion, a PE ratio of 118.85 and a beta of 0.41. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 0.66. Gold.com Inc. has a 12-month low of $19.39 and a 12-month high of $66.70.

Gold.com (NYSE:GOLD) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.91 EPS for the quarter, topping 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 business had revenue of $6.48 billion for the quarter, compared to analyst estimates of $3.41 billion.

Gold.com Announces Dividend

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

Analyst Upgrades and Downgrades

GOLD has been the subject of several recent analyst reports. Weiss Ratings began coverage on Gold.com in a research report on Wednesday, January 14th. They issued a “hold (c-)” rating for the company. Zacks Research upgraded shares of Gold.com from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Roth Mkm set a $60.00 price target on shares of Gold.com in a research report on Wednesday, January 28th. DA Davidson boosted their price objective on shares of Gold.com from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Northland Securities upgraded Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 target price on the stock in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average 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 business. Dimensional Fund Advisors LP purchased a new stake in Gold.com in the 4th quarter worth $40,273,000. Charles Schwab Investment Management Inc. bought a new stake in Gold.com during the 4th quarter valued at approximately $32,408,000. Jacobs Levy Equity Management Inc. purchased a new position in Gold.com in the 4th quarter worth approximately $17,971,000. Geode Capital Management LLC bought a new position in Gold.com in the 4th quarter worth approximately $15,790,000. Finally, State Street Corp purchased a new stake in Gold.com during the 4th quarter valued at approximately $15,019,000. 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.