Overstock.com, Inc. (NASDAQ:OSTK) insider Jonathan E. Johnson III sold 4,000 shares of Overstock.com stock in a transaction on Friday, December 1st. The stock was sold at an average price of $48.75, for a total value of $195,000.00. Following the transaction, the insider now directly owns 42,092 shares of the company’s stock, valued at $2,051,985. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Overstock.com, Inc. (NASDAQ:OSTK) opened at $45.85 on Wednesday. Overstock.com, Inc. has a 1-year low of $13.75 and a 1-year high of $65.70. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 0.33.

Overstock.com (NASDAQ:OSTK) last released its quarterly earnings results on Wednesday, November 8th. The company reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.06. Overstock.com had a negative return on equity of 4.95% and a negative net margin of 0.61%. The company had revenue of $424.00 million during the quarter, compared to analysts’ expectations of $452.60 million. Overstock.com’s revenue for the quarter was down 4.0% on a year-over-year basis. equities analysts anticipate that Overstock.com, Inc. will post -0.47 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OSTK. Dimensional Fund Advisors LP raised its holdings in shares of Overstock.com by 205.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,540,722 shares of the company’s stock worth $26,500,000 after acquiring an additional 1,036,847 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Overstock.com by 16.9% in the second quarter. Renaissance Technologies LLC now owns 934,000 shares of the company’s stock worth $15,224,000 after acquiring an additional 135,200 shares during the last quarter. FNY Managed Accounts LLC raised its holdings in shares of Overstock.com by 500.0% in the third quarter. FNY Managed Accounts LLC now owns 120,000 shares of the company’s stock worth $3,564,000 after acquiring an additional 100,000 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Overstock.com by 447.2% in the second quarter. Penserra Capital Management LLC now owns 106,888 shares of the company’s stock worth $1,742,000 after acquiring an additional 87,353 shares during the last quarter. Finally, EAM Investors LLC acquired a new position in shares of Overstock.com in the third quarter worth $1,991,000. 47.74% of the stock is owned by institutional investors.

OSTK has been the subject of several research reports. DA Davidson lifted their price objective on Overstock.com from $57.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. They noted that the move was a valuation call. BidaskClub raised Overstock.com from a “hold” rating to a “buy” rating in a report on Saturday, August 12th.

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About Overstock.com

Overstock.com, Inc is an online retailer and incubator of blockchain technology. Through its online retail business, the Company offers a range of price-competitive 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.

Insider Buying and Selling by Quarter for Overstock.com (NASDAQ:OSTK)

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