Newport Asia Decreased By $791,300 Its Jd.Com (JD) Position; Overstockcom (OSTK) Has 1.3 Sentiment

May 18, 2018 - By Dolores Ford

JD.com, Inc. (NASDAQ:JD) Logo

Overstockcom Inc (OSTK) investors sentiment decreased to 1.3 in 2017 Q4. It’s down -0.47, from 1.77 in 2017Q3. The ratio is negative, as 78 investment managers started new or increased positions, while 60 decreased and sold their stakes in Overstockcom Inc. The investment managers in our database reported: 16.49 million shares, up from 11.11 million shares in 2017Q3. Also, the number of investment managers holding Overstockcom Inc in top ten positions decreased from 3 to 2 for a decrease of 1. Sold All: 27 Reduced: 33 Increased: 24 New Position: 54.




Newport Asia Llc decreased Jd.Com Inc (JD) stake by 1.48% reported in 2017Q4 SEC filing. Newport Asia Llc sold 19,300 shares as Jd.Com Inc (JD)’s stock declined 3.51%. The Newport Asia Llc holds 1.28M shares with $53.10 million value, down from 1.30 million last quarter. Jd.Com Inc now has $51.14B valuation. The stock decreased 0.36% or $0.13 during the last trading session, reaching $35.83. About 2.26M shares traded. JD.com, Inc. (NASDAQ:JD) has risen 29.73% since May 18, 2017 and is uptrending. It has outperformed by 18.18% the S&P500.

The stock increased 0.13% or $0.05 during the last trading session, reaching $37.4. About 154,516 shares traded. Overstock.com, Inc. (OSTK) has risen 121.14% since May 18, 2017 and is uptrending. It has outperformed by 109.59% the S&P500.

Overstock.com, Inc. operates as an online retailer in the United States. The company has market cap of $1.08 billion. The firm operates through two divisions, Direct and Partner. It currently has negative earnings. It offers 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, among other products; and sells various books, magazines, CDs, DVDs, and video games.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $264,400 activity.

Lee Danner & Bass Inc holds 3.67% of its portfolio in Overstock.com, Inc. for 565,666 shares. Soros Fund Management Llc owns 2.47 million shares or 3.61% of their US portfolio. Moreover, Qcm Cayman Ltd. has 1.21% invested in the company for 4,585 shares. The British Columbia – Canada-based Vertex One Asset Management Inc. has invested 1.03% in the stock. Bennicas & Associates Inc., a California-based fund reported 15,600 shares.

Analysts await Overstock.com, Inc. (NASDAQ:OSTK) to report earnings on August, 2. They expect $-0.86 EPS, down 196.55% or $0.57 from last year’s $-0.29 per share. After $-1.74 actual EPS reported by Overstock.com, Inc. for the previous quarter, Wall Street now forecasts -50.57% EPS growth.

More notable recent Overstock.com, Inc. (NASDAQ:OSTK) news were published by: Globenewswire.com which released: “Overstock.com Introduces 17 Exclusive Private Label Furniture Brands” on May 16, 2018, also Seekingalpha.com with their article: “Overstock Q1 2018 Earnings Preview” published on May 08, 2018, Globenewswire.com published: “Overstock.com Announces Webcast of 2018 Annual Meeting of Stockholders” on April 30, 2018. More interesting news about Overstock.com, Inc. (NASDAQ:OSTK) were released by: Globenewswire.com and their article: “Overstock.com CEO Announces Management Changes to Accelerate tZERO” published on May 07, 2018 as well as Globenewswire.com‘s news article titled: “Overstock.com Reports Q1 2018 Results” with publication date: May 08, 2018.

Analysts await JD.com, Inc. (NASDAQ:JD) to report earnings on August, 13. They expect $-0.04 EPS, down 300.00% or $0.06 from last year’s $0.02 per share. After $0.17 actual EPS reported by JD.com, Inc. for the previous quarter, Wall Street now forecasts -123.53% negative EPS growth.

Overstock.com, Inc. (NASDAQ:OSTK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: