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 value of $47,340.00. Following the completion of the transaction, the director directly owned 27,756 shares in the company, valued at $1,313,969.04. The trade was a 3.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
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 Trading Up 1.3%
Gold.com stock opened at $47.94 on Wednesday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 16.42 and a beta of 0.56. The business has a 50-day moving average of $43.15 and a 200-day moving average of $43.92. Gold.com Inc. has a 1 year low of $23.00 and a 1 year high of $66.70.
Gold.com Dividend Announcement
The company 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 $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com’s dividend payout ratio (DPR) is 27.40%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. Zacks Research lowered shares of Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday. Northland Securities set a $55.00 target price on Gold.com in a report on Thursday, September 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Gold.com in a research note on Monday, August 17th. Finally, Canaccord Genuity Group lowered their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Four 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 stock has an average rating of “Moderate Buy” and an average target price of $58.00.
Get Our Latest Stock Analysis on GOLD
Institutional Investors Weigh In On Gold.com
A number of hedge funds and other institutional investors have recently bought and sold shares of GOLD. Arizona State Retirement System grew its stake in shares of Gold.com by 7.1% during the 2nd quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock worth $226,000 after acquiring an additional 359 shares in the last quarter. Swiss National Bank lifted its position in shares of Gold.com by 1.4% in the first quarter. Swiss National Bank now owns 36,500 shares of the company’s stock worth $1,463,000 after purchasing an additional 500 shares in the last quarter. WINTON GROUP Ltd lifted its position in shares of Gold.com by 7.6% in the second quarter. WINTON GROUP Ltd now owns 9,900 shares of the company’s stock worth $412,000 after purchasing an additional 700 shares in the last quarter. Larson Financial Group LLC acquired a new position in Gold.com during the fourth quarter worth $41,000. Finally, Hsbc Holdings PLC grew its position in Gold.com by 16.9% in the first quarter. Hsbc Holdings PLC now owns 9,593 shares of the company’s stock valued at $384,000 after purchasing an additional 1,390 shares in the last quarter. Institutional investors and hedge funds own 62.85% of the company’s stock.
Trending Headlines about Gold.com
Here are the key news stories impacting Gold.com this week:
- Positive Sentiment: Gold.com declared a $0.20-per-share special dividend, payable September 28 to shareholders of record September 16. The dividend may support investor interest and provides a near-term cash return. Gold Rally Continues: These 3 Mining Stocks Are Likely to Benefit
- Positive Sentiment: Analyst sentiment remains broadly constructive: four analysts rate the stock Buy, two rate it Hold, and the consensus target price is $58, above recent trading levels. DA Davidson maintained a $60 target, while Northland Securities set a $55 target. Institutional ownership is also substantial at approximately 62.85%, with several funds adding or initiating positions. Gold.com analyst and institutional ownership data
- Neutral Sentiment: The stock remains well above its 50-day and 200-day moving averages, indicating strong recent momentum, but it is still below its 12-month high of $66.70. A recent Zacks report noted that GOLD underperformed the broader market during the prior session, highlighting continued volatility. Why Gold.com Dipped More Than Broader Market
- Negative Sentiment: CEO Gregory Roberts sold 10,000 shares for approximately $458,300, reducing his direct ownership by 26.18%. Director John Moorhead also sold 2,500 shares in two transactions for roughly $120,000, cutting his position by about 8.44% overall. Multiple insider sales can weigh on sentiment, although they do not necessarily indicate a change in the company’s fundamentals. Gold.com insider selling report
- Negative Sentiment: Gold.com’s latest quarterly results missed expectations, with EPS of $0.41 versus the $0.96 consensus estimate and revenue of $5.01 billion versus $5.67 billion expected. Zacks previously downgraded the stock to Hold, while Wall Street Zen moved its rating to Sell. Gold.com earnings and analyst data
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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