Overstock.com Inc (NASDAQ:OSTK) Director Barclay F. Corbus sold 750 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $18.35, for a total transaction of $13,762.50. Following the completion of the sale, the director now owns 43,226 shares of the company’s stock, valued at $793,197.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Overstock.com stock opened at $16.64 on Thursday. Overstock.com Inc has a 1 year low of $12.33 and a 1 year high of $48.00. The company has a market capitalization of $531.16 million, a P/E ratio of -2.68 and a beta of 2.09. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 0.01.

Overstock.com (NASDAQ:OSTK) last released its quarterly earnings data on Monday, March 18th. The company reported ($1.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.67) by ($0.48). Overstock.com had a negative return on equity of 86.04% and a negative net margin of 11.31%. The business had revenue of $452.50 million for the quarter, compared to analysts’ expectations of $483.20 million. During the same quarter in the prior year, the firm earned ($3.72) earnings per share. Overstock.com’s quarterly revenue was down .8% compared to the same quarter last year. On average, research analysts predict that Overstock.com Inc will post -2.54 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Bancorp grew its stake in Overstock.com by 250.0% during the third quarter. Fifth Third Bancorp now owns 7,000 shares of the company’s stock worth $194,000 after buying an additional 5,000 shares during the period. Metropolitan Life Insurance Co. NY grew its stake in Overstock.com by 303.6% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,168 shares of the company’s stock worth $97,000 after buying an additional 5,392 shares during the period. InterOcean Capital LLC purchased a new stake in Overstock.com during the third quarter worth approximately $212,000. Rafferty Asset Management LLC purchased a new stake in Overstock.com during the third quarter worth approximately $299,000. Finally, Townsquare Capital LLC purchased a new stake in Overstock.com during the fourth quarter worth approximately $254,000. Institutional investors own 63.36% of the company’s stock.

A number of equities research analysts recently issued reports on OSTK shares. BidaskClub downgraded shares of Overstock.com from a “hold” rating to a “sell” rating in a report on Saturday, March 16th. DA Davidson downgraded shares of Overstock.com to a “buy” rating and set a $58.00 target price for the company. in a report on Tuesday, December 18th. They noted that the move was a valuation call. Maxim Group restated a “buy” rating on shares of Overstock.com in a report on Tuesday, December 18th. ValuEngine downgraded shares of Overstock.com from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, Zacks Investment Research upgraded shares of Overstock.com from a “sell” rating to a “hold” rating in a report on Thursday, January 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Overstock.com has a consensus rating of “Hold” and an average target price of $54.67.

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About Overstock.com

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; artisan-crafted products; and other products.

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

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