14,000 Shares in Gold.com Inc. $GOLD Acquired by Monaco Asset Management SAM

Monaco Asset Management SAM bought a new position in shares of Gold.com Inc. (NYSE:GOLD) in the fourth quarter, Holdings Channel reports. The fund bought 14,000 shares of the company’s stock, valued at approximately $477,000.

Other large investors have also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL bought a new stake in Gold.com during the fourth quarter worth approximately $1,083,000. Simcoe Capital LLC bought a new stake in Gold.com during the fourth quarter worth approximately $3,134,000. Massachusetts Financial Services Co. MA bought a new stake in Gold.com during the fourth quarter worth approximately $890,000. Evergreen Capital Management LLC bought a new stake in Gold.com during the fourth quarter worth approximately $2,588,000. Finally, Mutual Advisors LLC bought a new stake in Gold.com during the fourth quarter worth approximately $1,027,000. 62.85% of the stock is currently owned by institutional investors.

Insider Activity at Gold.com

In other Gold.com news, CEO Gregory N. Roberts sold 40,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $41.58, for a total value of $1,663,200.00. Following the completion of the sale, the chief executive officer owned 28,202 shares in the company, valued at $1,172,639.16. This represents a 58.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Tether Global Investments Fund bought 58,536 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was bought at an average price of $43.11 per share, with a total value of $2,523,486.96. Following the transaction, the insider owned 200,000 shares in the company, valued at approximately $8,622,000. This represents a 41.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 730,338 shares of company stock worth $31,842,096 and have sold 132,158 shares worth $5,943,061. 23.10% of the stock is currently owned by corporate insiders.

Gold.com Stock Performance

Gold.com stock opened at $42.39 on Monday. The business has a 50 day moving average price of $43.32. Gold.com Inc. has a 52 week low of $19.39 and a 52 week high of $66.70. The company has a quick ratio of 0.29, a current ratio of 1.18 and a debt-to-equity ratio of 0.11. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 14.52 and a beta of 0.53.

Gold.com (NYSE:GOLD) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $1.62. Gold.com had a net margin of 0.35% and a return on equity of 17.82%. The firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $4.81 billion. Equities analysts forecast that Gold.com Inc. will post 5.31 earnings per share for the current fiscal year.

Gold.com announced that its board has initiated a share repurchase program on Wednesday, April 8th that authorizes the company to repurchase 2,000,000,000,000 shares. This repurchase authorization authorizes the company to buy up to 7.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Gold.com Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 20th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.9%. Gold.com’s dividend payout ratio (DPR) is currently 27.40%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GOLD. Weiss Ratings upgraded shares of Gold.com from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 20th. Northland Securities upgraded shares of Gold.com from a “market perform” rating to an “outperform” rating and set a $57.00 target price for the company in a report on Friday, February 6th. Roth Mkm set a $52.00 target price on shares of Gold.com in a report on Thursday, May 7th. Zacks Research cut shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Gold.com in a research note on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $56.33.

About Gold.com

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.