Sohu.com (NASDAQ:SOHU) Trading Up 4.3%

Sohu.com Limited (NASDAQ:SOHU) shares traded up 4.3% on Friday . The company traded as high as $15.72 and last traded at $15.68. 42,420 shares traded hands during trading, a decline of 28% from the average session volume of 58,910 shares. The stock had previously closed at $15.04.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Sohu.com from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th.

Sohu.com Stock Performance

The business has a 50-day moving average of $14.80 and a two-hundred day moving average of $12.42.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings data on Monday, August 5th. The information services provider reported ($1.04) earnings per share for the quarter. Sohu.com had a negative return on equity of 7.34% and a negative net margin of 9.00%. The business had revenue of $172.33 million during the quarter.

Institutional Trading of Sohu.com

Several large investors have recently made changes to their positions in the business. Headlands Technologies LLC acquired a new position in shares of Sohu.com in the 2nd quarter valued at about $36,000. BNP Paribas Financial Markets boosted its stake in shares of Sohu.com by 46.5% during the 1st quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider’s stock worth $33,000 after acquiring an additional 1,000 shares in the last quarter. Blue Trust Inc. grew its position in shares of Sohu.com by 1,973.0% during the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 3,867 shares during the period. Athos Capital Ltd purchased a new position in Sohu.com during the fourth quarter worth approximately $71,000. Finally, Russell Investments Group Ltd. grew its stake in Sohu.com by 31.1% in the 1st quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock valued at $328,000 after acquiring an additional 7,363 shares during the period. 33.02% of the stock is owned by hedge funds and other institutional investors.

Sohu.com Company Profile

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.