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Overstock.com (NASDAQ:OSTK) Chairman Jonathan Johnson III sold 2,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $30.51, for a total value of $61,020.00. Following the transaction, the chairman now directly owns 39,519 shares in the company, valued at approximately $1,205,725. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Overstock.com (NASDAQ:OSTK) traded down 3.96% on Thursday, hitting $29.57. 239,638 shares of the company’s stock traded hands. Overstock.com has a 1-year low of $10.80 and a 1-year high of $35.60. The stock’s 50-day moving average is $27.49 and its 200-day moving average is $28.38. The company has a market cap of $703.0 million and a P/E ratio of 31.61.

Overstock.com (NASDAQ:OSTK) last released its earnings data on Thursday, October 17th. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.15 by $0.01. The company had revenue of $301.40 million for the quarter, compared to the consensus estimate of $255.40 million. During the same quarter last year, the company posted ($0.15) earnings per share. Overstock.com’s revenue was up 18.0% compared to the same quarter last year.

Separately, analysts at B. Riley initiated coverage on shares of Overstock.com in a research note to investors on Tuesday, December 10th. They set a “neutral” rating and a $28.00 price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $28.65.

Overstock.com, Inc (NASDAQ:OSTK) is an online retailer offering discount brand name, non-brand name and closeout merchandise, including bed-and-bath goods, home decor, kitchenware, furniture, watches and jewelry, apparel, electronics and computers, sporting goods, and designer accessories, among other products.

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