Sohu.com (NASDAQ:SOHU) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Sohu.com Inc. (NASDAQ:SOHU) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.60 and traded as high as $16.60. Sohu.com shares last traded at $16.48, with a volume of 28,551 shares trading hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on SOHU. Jefferies Financial Group upped their price objective on Sohu.com from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Wall Street Zen raised shares of Sohu.com from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Sohu.com in a research note on Thursday, January 22nd. Finally, Citigroup reissued a “buy” rating on shares of Sohu.com in a report on Monday, November 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.00.

Sohu.com Trading Up 1.9%

The firm has a 50 day moving average price of $16.21 and a 200-day moving average price of $15.60. The firm has a market cap of $495.55 million, a price-to-earnings ratio of 1.17 and a beta of 0.45.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Headlands Technologies LLC grew its holdings in Sohu.com by 369.9% during the 2nd quarter. Headlands Technologies LLC now owns 2,016 shares of the information services provider’s stock valued at $27,000 after buying an additional 1,587 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Sohu.com by 75.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,993 shares of the information services provider’s stock valued at $27,000 after acquiring an additional 860 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Sohu.com by 180.2% during the second quarter. New York State Common Retirement Fund now owns 4,383 shares of the information services provider’s stock valued at $58,000 after acquiring an additional 2,819 shares during the last quarter. Athos Capital Ltd purchased a new stake in Sohu.com during the 3rd quarter worth about $138,000. Finally, Numerai GP LLC acquired a new position in Sohu.com in the 3rd quarter valued at about $175,000. 33.02% of the stock is currently owned by institutional investors and hedge funds.

Sohu.com Company Profile

Sohu.com Inc (NASDAQ: SOHU) is a Beijing-based technology and media company that operates one of China’s earliest and most comprehensive online portals. Established in 1996 by Charles Zhang, the company provides a diverse array of internet services including news, entertainment, video streaming and UGC (user-generated content) platforms. Over the years, Sohu.com has expanded its content offerings to cover topics such as finance, sports, automotive news and lifestyle, catering primarily to users across Mainland China.

In addition to its content portal, Sohu.com is active in the online advertising market, leveraging its high-traffic websites and mobile apps to deliver targeted ads for brand marketers.