Gold.com (NYSE:GOLD) CEO Sells $458,300.00 in Stock

Gold.com Inc. (NYSE:GOLD) CEO Gregory Roberts sold 10,000 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $45.83, for a total transaction of $458,300.00. Following the sale, the chief executive officer owned 28,202 shares in the company, valued at approximately $1,292,497.66. This trade represents a 26.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Gold.com Price Performance

NYSE:GOLD opened at $46.92 on Thursday. The firm’s 50-day moving average price is $43.26 and its 200-day moving average price is $43.85. The company has a market capitalization of $1.37 billion, a PE ratio of 16.07 and a beta of 0.56. Gold.com Inc. has a 1-year low of $23.00 and a 1-year high of $66.70.

Gold.com (NYSE:GOLD) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.55). Gold.com had a return on equity of 17.22% and a net margin of 0.32%.The business had revenue of $5.01 billion for the quarter, compared to the consensus estimate of $5.67 billion. During the same period in the previous year, the firm earned $0.41 EPS. Equities analysts anticipate that Gold.com Inc. will post 3.73 EPS for the current fiscal year.

Gold.com Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Monday, September 28th. Stockholders 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 dividend payout ratio (DPR) is presently 27.40%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on GOLD shares. Northland Securities set a $55.00 target price on shares of Gold.com in a research note on Thursday, September 3rd. Canaccord Genuity Group lowered their price target on Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gold.com in a research report on Monday, August 17th. Zacks Research downgraded Gold.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen lowered Gold.com from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $58.00.

Institutional Investors Weigh In On Gold.com

A number of hedge funds have recently added to or reduced their stakes in GOLD. Charles Schwab Investment Management Inc. bought a new stake in shares of Gold.com in the fourth quarter worth $32,408,000. Jacobs Asset Management LLC bought a new position in Gold.com in the fourth quarter valued at about $10,215,000. CenterBook Partners LP purchased a new position in Gold.com in the fourth quarter worth about $9,171,000. Pacer Advisors Inc. purchased a new position in Gold.com in the fourth quarter worth about $6,185,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Gold.com during the 2nd quarter valued at about $7,143,000. 62.85% of the stock is currently owned by hedge funds and other institutional investors.

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.