Overstock.com, Inc. (NASDAQ:OSTK) insider Jonathan E. Johnson III sold 17,500 shares of Overstock.com stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $25.00, for a total value of $437,500.00. Following the transaction, the insider now owns 52,092 shares of the company’s stock, valued at approximately $1,302,300. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Overstock.com, Inc. (OSTK) traded down 1.39% during trading on Thursday, hitting $24.75. The company had a trading volume of 255,805 shares. The firm’s market capitalization is $618.75 million. The stock’s 50-day moving average is $19.73 and its 200 day moving average is $17.25. Overstock.com, Inc. has a 52-week low of $13.05 and a 52-week high of $25.10.

Overstock.com (NASDAQ:OSTK) last posted its quarterly earnings results on Thursday, August 3rd. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.32). The firm had revenue of $432.02 million for the quarter. Overstock.com had a negative return on equity of 6.36% and a negative net margin of 0.73%. Equities research analysts predict that Overstock.com, Inc. will post ($0.48) earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio increased its holdings in Overstock.com by 16.2% in the first quarter. Public Employees Retirement System of Ohio now owns 6,124 shares of the company’s stock valued at $105,000 after buying an additional 854 shares in the last quarter. SG Americas Securities LLC purchased a new position in Overstock.com in the first quarter valued at about $122,000. American International Group Inc. increased its holdings in Overstock.com by 7.0% in the first quarter. American International Group Inc. now owns 8,130 shares of the company’s stock valued at $140,000 after buying an additional 535 shares in the last quarter. Nationwide Fund Advisors increased its holdings in Overstock.com by 5.9% in the first quarter. Nationwide Fund Advisors now owns 10,308 shares of the company’s stock valued at $177,000 after buying an additional 571 shares in the last quarter. Finally, AXA purchased a new position in Overstock.com in the second quarter valued at about $176,000. 44.33% of the stock is owned by institutional investors.

OSTK has been the subject of several recent analyst reports. Maxim Group set a $25.00 price target on Overstock.com and gave the company a “buy” rating in a research note on Friday, May 19th. DA Davidson initiated coverage on Overstock.com in a research note on Wednesday, September 6th. They issued a “buy” rating and a $28.00 price target for the company. BidaskClub upgraded Overstock.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 12th. Finally, TheStreet lowered Overstock.com from a “c” rating to a “d+” rating in a research note on Friday, May 26th.

Overstock.com Company Profile

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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