Insider Selling: Gold.com (NYSE:GOLD) COO Sells 6,667 Shares of Stock

Key Points

• Gold.com COO Brian Aquilino sold 6,667 shares at an average price of $47.02, totaling $313,482.34 and reducing his ownership by 50% to 6,667 shares.
• Gold.com shares traded at $49.23, near the midpoint of their $22.00–$66.70 52-week range. The company recently reported quarterly EPS of $0.41, missing the $0.96 analyst consensus, and revenue of $5.01 billion versus expectations of $5.67 billion.
• The company declared a $0.20 special dividend, payable September 28 to shareholders of record on September 16. Analysts maintain a “Moderate Buy” consensus with an average price target of $58.00.

Gold.com Inc. (NYSE:GOLD - Get Free Report) COO Brian Aquilino sold 6,667 shares of the company's stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $47.02, for a total value of $313,482.34. Following the sale, the chief operating officer owned 6,667 shares of the company's stock, valued at approximately $313,482.34. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Gold.com Price Performance

Shares of GOLD traded up $1.75 during trading hours on Wednesday, hitting $49.23. 511,903 shares of the company were exchanged, compared to its average volume of 614,620. The company has a quick ratio of 0.29, a current ratio of 1.18 and a debt-to-equity ratio of 0.11. Gold.com Inc. has a fifty-two week low of $22.00 and a fifty-two week high of $66.70. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 16.83 and a beta of 0.56. The firm's fifty day moving average is $42.73 and its 200 day moving average is $44.27.

Gold.com (NYSE:GOLD - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.55). Gold.com had a return on equity of 18.15% and a net margin of 0.32%.The firm had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.67 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. On average, equities analysts anticipate that Gold.com Inc. will post 3.73 earnings per share for the current fiscal year.

Gold.com Announces Dividend

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

Institutional Investors Weigh In On Gold.com

A number of large investors have recently bought and sold shares of GOLD. CWM LLC acquired a new position in shares of Gold.com during the fourth quarter valued at about $35,000. Larson Financial Group LLC acquired a new stake in shares of Gold.com in the 4th quarter valued at about $41,000. Caitong International Asset Management Co. Ltd bought a new stake in Gold.com in the 4th quarter valued at about $42,000. New York State Teachers Retirement System bought a new stake in Gold.com in the 4th quarter valued at about $55,000. Finally, CANADA LIFE ASSURANCE Co acquired a new position in Gold.com during the 4th quarter worth approximately $76,000. 62.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group dropped their price objective on shares of Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a report on Thursday, September 3rd. Northland Securities set a $55.00 price target on shares of Gold.com in a research report on Thursday, September 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Gold.com in a research note 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. Finally, DA Davidson restated a "buy" rating and issued a $60.00 price objective on shares of Gold.com in a report on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $58.00.

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.

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