Overstock.com, Inc. (NASDAQ:OSTK) registered a 5.42% increase, still its new closing price is 70.73% up from the company’s 1 year high of 19.70.It posted 7.36% gains in previous 5 sessions and is now the subject of 0 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 1 stock analysts following this company have an average price target at $20.00, with individual PT in the $20.00-$20.00 range. The shares moved at $17.50, implying that brokerage firms see shares gaining about 63.25% in twelve months time.
Overstock.com, Inc. (OSTK) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.00% rise year to date. A 10% Owner at Overstock.com, Inc. (OSTK) offloaded shares in a transaction closed on Friday January 27, 2017. FAIRFAX FINANCIAL HOLDINGS LTD sold 808,326 shares in the company at $18.84 each and collected $15,228,001 in proceeds. FAIRFAX FINANCIAL HOLDINGS LTD now owns 2,580,448 shares in the company after this transaction. A SVP, Customer & Partner Care in the company, Popelka Brian L., disclosed a transaction on Friday November 18, 2016 that ended up generating $26,000 from the sale of 1,500 shares at $17.62 per share.
Overstock.com, Inc. (NASDAQ:OSTK) Upcoming Results on Tap
Overstock.com, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.60 in that period. Sales during the quarter are predicted to arrive at $1.94 billion.
Earnings surprise history: Last quarter, the company posted approximately $526.18 million in revenue and EPS of $0.12. The mean forecast was for $523.49 million and $-0.04 a share, respectively. One quarter earlier, revenue for the stock was at $441.56 million, with earnings at $0.03/share.
Overstock.com, Inc. (OSTK) Brokerage Update
Overstock.com, Inc. (OSTK) is in Standpoint Research’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Standpoint Research, according to news reported on Wednesday October 31, 2012.Another important research note was issued by The Benchmark Company on Thursday October 27, 2011.The firm downgraded OSTK to Hold from Buy. Over the last six months and over the last three months, the shares of Overstock.com, Inc. (OSTK), have changed 6.19% and 19.45%, respectively.