Institutional Investor Sentiment About Overstockcom Inc (NASDAQ:OSTK) Improved

June 15, 2018 - By Clifton Ray

Overstock.com, Inc. (NASDAQ:OSTK) Logo

Sentiment for Overstockcom Inc (NASDAQ:OSTK)

Overstockcom Inc (NASDAQ:OSTK) institutional sentiment decreased to 1.07 in Q1 2018. Its down -0.23, from 1.3 in 2017Q4. The ratio dived, as 78 investment professionals opened new and increased stock positions, while 73 reduced and sold their holdings in Overstockcom Inc. The investment professionals in our partner’s database now hold: 16.23 million shares, down from 16.49 million shares in 2017Q4. Also, the number of investment professionals holding Overstockcom Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 39 Reduced: 34 Increased: 33 New Position: 45.

Overstock.com, Inc. operates as an online retailer in the United States. The company has market cap of $1.14 billion. The firm operates through two divisions, Direct and Partner. It currently has negative earnings. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

The stock increased 3.27% or $1.25 during the last trading session, reaching $39.45. About 2.44 million shares traded or 31.09% up from the average. Overstock.com, Inc. (NASDAQ:OSTK) has risen 132.87% since June 15, 2017 and is uptrending. It has outperformed by 120.30% the S&P500.

Analysts await Overstock.com, Inc. (NASDAQ:OSTK) to report earnings on August, 2. They expect $-0.86 EPS, down 196.55 % or $0.57 from last year’s $-0.29 per share. After $-1.74 actual EPS reported by Overstock.com, Inc. for the previous quarter, Wall Street now forecasts -50.57 % EPS growth.

Passport Capital Llc holds 25.12% of its portfolio in Overstock.com, Inc. for 520,498 shares. Lee Danner & Bass Inc owns 553,539 shares or 2.09% of their US portfolio. Moreover, Firsthand Capital Management Inc. has 0.81% invested in the company for 40,000 shares. The Switzerland-based Jabre Capital Partners S.A. has invested 0.78% in the stock. Sumitomo Mitsui Asset Management Company Ltd, a Japan-based fund reported 1.45 million shares.

Since January 1, 0001, it had 0 insider buys, and 2 sales for $321,325 activity.

More notable recent Overstock.com, Inc. (NASDAQ:OSTK) news were published by: Nasdaq.com which released: “Research Report Identifies Aetna, Square, Overstock, INTL FCStone, Arista Networks, and Hanesbrands with Renewed …” on June 11, 2018, also Seekingalpha.com with their article: “Overstock And tZERO: The ICO Drags On” published on May 30, 2018, Globenewswire.com published: “Overstock.com to Deliver Keynote at Spark + AI Summit” on May 30, 2018. More interesting news about Overstock.com, Inc. (NASDAQ:OSTK) were released by: Profitconfidential.com and their article: “Another Bearish Shoe Is Set to Drop on OSTK Stock” published on May 29, 2018 as well as Schaeffersresearch.com‘s news article titled: “Bullish Options Hot as Overstock Races Higher” with publication date: June 12, 2018.

Overstock.com, Inc. (NASDAQ:OSTK) Institutional Positions Chart

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