Gold.com director Moorhead sells $114k in shares
Director John Moorhead of Gold.com, Inc. (NASDAQ:GOLD) sold 2,000 shares of common stock on March 4, 2026, for approximately $114,103.
The shares were sold at a weighted average price of $57.0516, in multiple transactions ranging from $56.985 to $57.19. Following the transaction, Moorhead directly owns 30,256 shares of Gold.com.
In other recent news, Gold.com, Inc. announced a $150 million private placement with TPM, S.A. de C.V., an affiliate of Tether Global Investments Fund. This agreement involves TPM acquiring 3,370,787 shares of Gold.com’s common stock at $44.50 per share, which is an 11.9% discount to the 10-day volume-weighted average price. Meanwhile, DA Davidson raised its price target on Gold.com to $53.00 from $45.00, maintaining a Buy rating. The increase in the price target is attributed to rising spot prices for both silver and gold and increased market volatility.
Additionally, DA Davidson raised its price target on Barrick Gold Corp. to $60.00 from $53.00, following the company’s strong second-quarter performance, which exceeded consensus estimates for revenues, EBIT, and EBITDA. The revenue outperformance was driven by increased unit demand and higher prices. DA Davidson also reiterated its Buy rating on Barrick Gold, noting the benefits from widening spreads between retail and wholesale pricing for gold and silver. These developments reflect significant movements in the precious metals market, impacting both Gold.com and Barrick Gold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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