Vident Advisory LLC Sells 2,280 Shares of Sohu.com Limited (NASDAQ:SOHU)

Vident Advisory LLC lowered its position in shares of Sohu.com Limited (NASDAQ:SOHU) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,100 shares of the information services provider’s stock after selling 2,280 shares during the period. Vident Advisory LLC’s holdings in Sohu.com were worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Seldon Capital LP bought a new stake in shares of Sohu.com during the fourth quarter valued at approximately $132,000. Two Sigma Advisers LP bought a new stake in Sohu.com in the 4th quarter worth approximately $134,000. Vontobel Holding Ltd. bought a new stake in Sohu.com in the 4th quarter worth approximately $144,000. Man Group plc bought a new stake in Sohu.com in the 4th quarter worth approximately $166,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Sohu.com by 16.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider’s stock worth $181,000 after purchasing an additional 1,899 shares during the period. Institutional investors own 33.02% of the company’s stock.

Sohu.com Price Performance

Shares of Sohu.com stock opened at $10.01 on Tuesday. The company’s fifty day simple moving average is $10.79 and its 200-day simple moving average is $12.41. The stock has a market capitalization of $300.95 million, a PE ratio of -3.20 and a beta of 0.70. Sohu.com Limited has a 1-year low of $7.79 and a 1-year high of $17.24.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Monday, May 19th. The information services provider reported ($0.55) earnings per share for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. The business had revenue of $135.65 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Tuesday, May 20th.

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.