Overstock.com, Inc. (NASDAQ:OSTK) insider Jonathan E. Johnson III sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $46.80, for a total transaction of $187,200.00. Following the completion of the transaction, the insider now directly owns 44,092 shares in the company, valued at $2,063,505.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Overstock.com (NASDAQ:OSTK) last released its quarterly earnings data on Thursday, August 3rd. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.32). Overstock.com had a negative return on equity of 6.36% and a negative net margin of 0.73%. The business had revenue of $432.02 million during the quarter.

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A number of equities analysts recently weighed in on OSTK shares. DA Davidson boosted their price target on shares of Overstock.com from $28.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, September 28th. BidaskClub raised shares of Overstock.com from a “hold” rating to a “buy” rating in a report on Saturday, August 12th.

A number of large investors have recently made changes to their positions in OSTK. Public Employees Retirement System of Ohio boosted its position 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 worth $105,000 after purchasing an additional 854 shares during the last quarter. SG Americas Securities LLC purchased a new position in Overstock.com in the first quarter worth about $122,000. American International Group Inc. boosted its position in Overstock.com by 7.0% in the first quarter. American International Group Inc. now owns 8,130 shares of the company’s stock worth $140,000 after purchasing an additional 535 shares during the last quarter. SpiderRock Advisors LLC purchased a new position in Overstock.com in the third quarter worth about $145,000. Finally, AXA purchased a new position in Overstock.com in the second quarter worth about $176,000. 43.51% of the stock is currently owned by institutional investors and hedge funds.

About Overstock.com

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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