Insider Selling: Gold.com (NYSE:GOLD) Director Sells $72,615.00 in Stock

Gold.com Inc. (NYSE:GOLD) Director Moorhead John sold 1,500 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of $48.41, for a total transaction of $72,615.00. Following the completion of the transaction, the director owned 28,756 shares of the company’s stock, valued at approximately $1,392,077.96. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Moorhead John also recently made the following trade(s):

• On Monday, September 14th, Moorhead John sold 1,000 shares of Gold.com stock. The stock was sold at an average price of $47.34, for a total transaction of $47,340.00.

Gold.com Price Performance

Shares of GOLD stock traded up $0.80 on Tuesday, reaching $48.12. 74,255 shares of the stock were exchanged, compared to its average volume of 615,011. The stock has a 50 day moving average price of $43.05 and a 200 day moving average price of $43.98. The stock has a market cap of $1.40 billion, a PE ratio of 16.42 and a beta of 0.56. Gold.com Inc. has a one year low of $23.00 and a one year high of $66.70.

Gold.com (NYSE:GOLD) last posted its quarterly earnings results 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). The company had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $5.67 billion. Gold.com had a return on equity of 17.22% and a net margin of 0.32%.During the same quarter in the prior year, the business earned $0.41 earnings per share. On average, research analysts expect that Gold.com Inc. will post 3.73 earnings per share for the current fiscal year.

Gold.com Announces Dividend

The firm also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.20 per share. The ex-dividend date is Wednesday, September 16th. Gold.com’s payout ratio is currently 27.40%.

Institutional Investors Weigh In On Gold.com

A number of hedge funds and other institutional investors have recently bought and sold shares of GOLD. Jacobs Asset Management LLC acquired a new position in Gold.com in the 4th quarter valued at approximately $10,215,000. Bard Associates Inc. bought a new position in shares of Gold.com during the 4th quarter worth approximately $3,078,000. Gamco Investors INC. ET AL bought a new position in Gold.com during the fourth quarter worth $1,083,000. Y Intercept Hong Kong Ltd acquired a new stake in Gold.com in the first quarter worth $2,618,000. Finally, Bank of New York Mellon Corp bought a new stake in Gold.com in the second quarter valued at $7,143,000. Institutional investors own 62.85% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on GOLD shares. Wall Street Zen lowered shares of Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday. DA Davidson reiterated a “buy” rating and set a $60.00 price target on shares of Gold.com in a report on Thursday, September 3rd. Northland Securities set a $55.00 price objective on shares of Gold.com in a research report on Thursday, September 3rd. Zacks Research downgraded shares of Gold.com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, Canaccord Genuity Group dropped their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.