Landscape Capital Management L.L.C. Buys New Shares in 1stdibs.Com, Inc. (NASDAQ:DIBS)

Landscape Capital Management L.L.C. purchased a new stake in 1stdibs.Com, Inc. (NASDAQ:DIBS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 284,414 shares of the company's stock, valued at approximately $1,007,000. Landscape Capital Management L.L.C. owned about 0.78% of 1stdibs.Com as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DIBS. State Street Corp increased its position in 1stdibs.Com by 2.1% in the 3rd quarter. State Street Corp now owns 294,330 shares of the company's stock valued at $1,298,000 after acquiring an additional 5,985 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of 1stdibs.Com during the fourth quarter valued at approximately $36,000. Garden State Investment Advisory Services LLC acquired a new stake in shares of 1stdibs.Com in the third quarter valued at approximately $93,000. Barclays PLC increased its holdings in shares of 1stdibs.Com by 286.6% in the third quarter. Barclays PLC now owns 34,182 shares of the company's stock valued at $150,000 after purchasing an additional 25,341 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in 1stdibs.Com by 151.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company's stock worth $469,000 after purchasing an additional 64,107 shares during the last quarter. Institutional investors and hedge funds own 66.97% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. JMP Securities reiterated a "market perform" rating on shares of 1stdibs.Com in a research report on Monday, December 16th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1stdibs.Com in a research note on Tuesday.

1stdibs.Com Price Performance

Shares of NASDAQ DIBS traded up $0.02 during mid-day trading on Friday, hitting $2.42. The company's stock had a trading volume of 108,707 shares, compared to its average volume of 119,364. 1stdibs.Com, Inc. has a one year low of $2.30 and a one year high of $6.20. The company's fifty day simple moving average is $3.35 and its 200-day simple moving average is $3.74. The stock has a market cap of $86.38 million, a price-to-earnings ratio of -5.76 and a beta of 1.01.

1stdibs.Com (NASDAQ:DIBS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.03. The firm had revenue of $22.77 million for the quarter, compared to analysts' expectations of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. On average, sell-side analysts predict that 1stdibs.Com, Inc. will post -0.52 EPS for the current year.

1stdibs.Com Profile

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.