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

Key Points

• Director Moorhead John sold 1,000 Gold.com shares at an average price of $47.34, generating $47,340 and reducing his direct holdings by 3.48% to 27,756 shares. He also sold 1,500 shares three days earlier for $72,615.
• Gold.com shares traded at $48.12, with a $1.40 billion market capitalization and a 52-week range of $23.00 to $66.70. The company recently reported quarterly EPS of $0.41, missing the $0.96 consensus estimate, 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 September 16. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $58.00, although some firms recently lowered ratings or targets.

Gold.com Inc. (NYSE:GOLD - Get Free Report) Director Moorhead John sold 1,000 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $47.34, for a total transaction of $47,340.00. Following the completion of the transaction, the director directly owned 27,756 shares of the company's stock, valued at approximately $1,313,969.04. The trade was a 3.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 Stock Performance

GOLD stock traded up $0.80 during midday trading on Tuesday, reaching $48.12. 74,255 shares of the company traded hands, compared to its average volume of 615,011. Gold.com Inc. has a 52-week low of $23.00 and a 52-week high of $66.70. The business has a 50 day moving average of $43.05 and a 200-day moving average of $43.98. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 16.48 and a beta of 0.56.

Gold.com (NYSE:GOLD - Get Free Report) last posted its quarterly earnings data 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). Gold.com had a net margin of 0.32% and a return on equity of 17.22%. The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $5.67 billion. During the same period in the previous year, the business earned $0.41 earnings per share. Research analysts anticipate that Gold.com Inc. will post 3.73 earnings per share for the current year.

Gold.com Dividend Announcement

The company also recently announced 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 of this dividend is Wednesday, September 16th. Gold.com's dividend payout ratio is currently 27.40%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC bought a new stake in Gold.com during the 4th quarter valued at about $41,000. SkyView Investment Advisors LLC bought a new position in Gold.com in the 2nd quarter worth about $125,000. Caitong International Asset Management Co. Ltd bought a new position in Gold.com in the 4th quarter worth about $129,000. Integrated Wealth Concepts LLC purchased a new position in shares of Gold.com during the second quarter worth approximately $225,000. Finally, Arizona State Retirement System increased its position in shares of Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company's stock worth $226,000 after acquiring an additional 359 shares during the period. Hedge funds and other institutional investors own 62.85% of the company's stock.

Analyst Upgrades and Downgrades

GOLD has been the subject of a number of recent analyst reports. Northland Securities set a $55.00 price target on shares of Gold.com in a research note on Thursday, September 3rd. Canaccord Genuity Group decreased their price objective on shares of Gold.com from $70.00 to $65.00 and set a "buy" rating for the company in a research note on Thursday, September 3rd. DA Davidson restated a "buy" rating and set a $60.00 target price on shares of Gold.com in a research report on Thursday, September 3rd. 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 report on Saturday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Gold.com has a consensus rating of "Moderate Buy" and an average price target of $58.00.

Gold.com Company Profile

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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