Gregory Roberts Sells 10,000 Shares of Gold.com (NYSE:GOLD) Stock

by · The Markets Daily

Gold.com Inc. (NYSE:GOLD – Get Free Report) CEO Gregory Roberts sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $45.83, for a total transaction of $458,300.00. Following the completion of the sale, the chief executive officer directly owned 28,202 shares of the company’s stock, valued at $1,292,497.66. The trade was a 26.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Gold.com Stock Up 1.3%

Shares of GOLD opened at $47.94 on Wednesday. The firm has a 50-day moving average price of $43.15 and a 200 day moving average price of $43.92. The firm has a market capitalization of $1.40 billion, a PE ratio of 16.42 and a beta of 0.56. Gold.com Inc. has a 52-week low of $23.00 and a 52-week high of $66.70.

Gold.com (NYSE:GOLD – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.55). The company had revenue of $5.01 billion for 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 last year, the firm posted $0.41 earnings per share. On average, equities analysts expect that Gold.com Inc. will post 3.73 EPS for the current year.

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 given a $0.20 dividend. The ex-dividend date is Wednesday, September 16th. Gold.com’s dividend payout ratio is 27.40%.

Institutional Trading of Gold.com

Several hedge funds and other institutional investors have recently modified their holdings of GOLD. Larson Financial Group LLC acquired a new position in shares of Gold.com in the 4th quarter valued at about $41,000. SkyView Investment Advisors LLC acquired a new stake in shares of Gold.com during the second quarter worth approximately $125,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Gold.com during the fourth quarter worth approximately $129,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Gold.com during the second quarter worth approximately $225,000. Finally, Arizona State Retirement System grew its position in Gold.com by 7.1% during the second quarter. Arizona State Retirement System now owns 5,435 shares of the company’s stock valued at $226,000 after purchasing an additional 359 shares in the last quarter. Institutional investors and hedge funds own 62.85% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on GOLD shares. Wall Street Zen downgraded Gold.com from a “hold” rating to a “sell” rating in a research note on Saturday. DA Davidson reaffirmed a “buy” rating and set a $60.00 target price on shares of Gold.com in a report on Thursday, September 3rd. Canaccord Genuity Group dropped their price target on shares of Gold.com from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. Zacks Research lowered shares of Gold.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Northland Securities set a $55.00 price objective on shares of Gold.com in a research note on Thursday, September 3rd. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $58.00.

Read Our Latest Stock Analysis on GOLD

Key Headlines Impacting 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

About Gold.com

(Get Free Report)

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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