Overstock.com Inc (NASDAQ:OSTK) reached a new 52-week low during trading on Friday . The company traded as low as $23.91 and last traded at $23.99, with a volume of 24843 shares trading hands. The stock had previously closed at $25.18.

A number of equities research analysts have commented on OSTK shares. DA Davidson increased their price target on Overstock.com from $90.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, August 10th. Maxim Group started coverage on Overstock.com in a research note on Monday, September 10th. They issued a “buy” rating and a $75.00 price target for the company. Zacks Investment Research upgraded Overstock.com from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Thursday, July 5th. GARP Research raised Overstock.com from a “neutral” rating to a “buy” rating in a report on Thursday, October 4th. Finally, BidaskClub raised Overstock.com from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Overstock.com has a consensus rating of “Hold” and an average target price of $75.00.

The company has a quick ratio of 0.85, a current ratio of 0.91 and a debt-to-equity ratio of 0.02. The firm has a market cap of $793.71 million, a price-to-earnings ratio of -13.13 and a beta of 1.38.

Overstock.com (NASDAQ:OSTK) last announced its quarterly earnings data on Thursday, August 9th. The company reported ($2.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.82) by ($1.38). The firm had revenue of $483.10 million during the quarter, compared to analyst estimates of $474.15 million. Overstock.com had a negative net margin of 11.74% and a negative return on equity of 95.14%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.29) earnings per share. Research analysts anticipate that Overstock.com Inc will post -5.43 EPS for the current fiscal year.

In related news, SVP Carter Paul Lee sold 2,000 shares of the firm’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $31.05, for a total transaction of $62,100.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Patrick Byrne sold 774,303 shares of the firm’s stock in a transaction dated Monday, September 10th. The stock was sold at an average price of $25.83, for a total value of $20,000,246.49. Following the sale, the chief executive officer now directly owns 1,050,023 shares in the company, valued at $27,122,094.09. The disclosure for this sale can be found here. Insiders sold 927,102 shares of company stock worth $23,964,391 over the last three months. Corporate insiders own 28.90% of the company’s stock.

A number of institutional investors have recently bought and sold shares of OSTK. Wells Fargo & Company MN grew its holdings in Overstock.com by 22.1% during the first quarter. Wells Fargo & Company MN now owns 37,616 shares of the company’s stock worth $1,364,000 after acquiring an additional 6,813 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Overstock.com by 8.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 84,106 shares of the company’s stock worth $3,049,000 after acquiring an additional 6,594 shares during the period. JPMorgan Chase & Co. grew its holdings in Overstock.com by 2,197.4% during the first quarter. JPMorgan Chase & Co. now owns 105,770 shares of the company’s stock worth $3,834,000 after acquiring an additional 101,166 shares during the period. GSA Capital Partners LLP acquired a new stake in Overstock.com during the first quarter worth about $364,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in Overstock.com by 662.6% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,801 shares of the company’s stock worth $826,000 after acquiring an additional 19,811 shares during the period. 56.77% of the stock is currently owned by hedge funds and other institutional investors.

Overstock.com Company Profile (NASDAQ:OSTK)

Overstock.com, Inc operates as an online retailer in the United States. It operates in two segments, Direct and Partner. The company offers home and garden products, including furniture, home decor, garden and patio, kitchen and dining, bedding, home improvement, housewares, and other related products; jewelry and watches; clothing and accessories; electronics and computers; and other products.

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