Overstock.com Inc (NASDAQ:OSTK)’s share price traded down 8% on Thursday . The company traded as low as $24.94 and last traded at $25.18. 1,472,095 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 2,431,603 shares. The stock had previously closed at $27.36.

A number of equities analysts have recently weighed in on the company. GARP Research raised Overstock.com from a “neutral” rating to a “buy” rating in a research note on Thursday, October 4th. BidaskClub raised Overstock.com from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 18th. Maxim Group assumed coverage on Overstock.com in a research note on Monday, September 17th. They issued a “buy” rating and a $75.00 price objective for the company. ValuEngine lowered Overstock.com from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. Finally, DA Davidson upped their price objective on Overstock.com from $90.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, August 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $75.00.

The company has a market cap of $730.47 million, a P/E ratio of -12.82 and a beta of 1.38. The company has a quick ratio of 0.85, a current ratio of 0.91 and a debt-to-equity ratio of 0.02.

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

In related news, SVP John Paul Knab sold 2,000 shares of the stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $39.75, for a total transaction of $79,500.00. Following the completion of the transaction, the senior vice president now directly owns 6,689 shares of the company’s stock, valued at $265,887.75. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Carter Paul Lee sold 1,300 shares of the stock in a transaction that occurred on Wednesday, August 29th. The shares were sold at an average price of $30.15, for a total value of $39,195.00. Following the transaction, the senior vice president now directly owns 4,835 shares of the company’s stock, valued at $145,775.25. The disclosure for this sale can be found here. Over the last three months, insiders have sold 927,102 shares of company stock valued at $23,964,391. 28.90% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in OSTK. BlueMountain Capital Management LLC raised its position in Overstock.com by 564.3% during the second quarter. BlueMountain Capital Management LLC now owns 23,143 shares of the company’s stock valued at $779,000 after purchasing an additional 19,659 shares during the period. Rhumbline Advisers raised its position in Overstock.com by 19.1% during the second quarter. Rhumbline Advisers now owns 19,816 shares of the company’s stock valued at $667,000 after purchasing an additional 3,175 shares during the period. Verition Fund Management LLC purchased a new stake in Overstock.com during the second quarter valued at approximately $274,000. Wells Fargo & Company MN raised its position in Overstock.com by 22.1% during the first quarter. Wells Fargo & Company MN now owns 37,616 shares of the company’s stock valued at $1,364,000 after purchasing an additional 6,813 shares during the period. Finally, Fox Run Management L.L.C. purchased a new stake in Overstock.com during the third quarter valued at approximately $433,000. 56.77% of the stock is owned by institutional investors.

About Overstock.com (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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