Fisher Asset Management LLC Purchases 4,344 Shares of Baidu, Inc. $BIDU

Fisher Asset Management LLC lifted its stake in Baidu, Inc. (NASDAQ:BIDU) by 32.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,903 shares of the information services provider’s stock after buying an additional 4,344 shares during the period. Fisher Asset Management LLC’s holdings in Baidu were worth $2,359,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. boosted its holdings in Baidu by 2.0% during the 3rd quarter. Blue Trust Inc. now owns 4,378 shares of the information services provider’s stock valued at $577,000 after acquiring an additional 85 shares during the period. State of Wyoming grew its position in Baidu by 13.2% during the 3rd quarter. State of Wyoming now owns 857 shares of the information services provider’s stock worth $113,000 after acquiring an additional 100 shares during the last quarter. Silver Oak Securities Incorporated increased its stake in Baidu by 4.0% in the 3rd quarter. Silver Oak Securities Incorporated now owns 2,969 shares of the information services provider’s stock worth $391,000 after purchasing an additional 114 shares during the period. UMB Bank n.a. increased its stake in Baidu by 65.0% in the 3rd quarter. UMB Bank n.a. now owns 340 shares of the information services provider’s stock worth $45,000 after purchasing an additional 134 shares during the period. Finally, Guinness Asset Management LTD lifted its position in Baidu by 5.1% in the third quarter. Guinness Asset Management LTD now owns 2,904 shares of the information services provider’s stock valued at $392,000 after purchasing an additional 142 shares during the last quarter.

Baidu Stock Performance

Shares of Baidu stock opened at $119.05 on Friday. Baidu, Inc. has a 12 month low of $74.71 and a 12 month high of $165.30. The firm has a market capitalization of $41.13 billion, a P/E ratio of 74.87 and a beta of 0.32. The company has a current ratio of 1.76, a quick ratio of 1.91 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $141.64 and a two-hundred day simple moving average of $127.12.

More Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Major brokers keep backing Baidu and some trim targets but remain constructive — Nomura maintained a “buy” while lowering its target to $186, and J.P. Morgan and Citi reiterated buy ratings, supporting demand from institutional investors. Nomura Adjusts Baidu Price Target J.P. Morgan Sticks to Its Buy Rating Baidu Gets a Buy from Citi
• Positive Sentiment: Active investor interest and momentum flows — recent coverage highlights a large $32M bet and trending stock chatter that can amplify short‑term buying. What’s Behind This $32 Million Bet on Baidu
• Neutral Sentiment: Analyst target tweaks are mixed — Susquehanna raised its target modestly to $120 with a “neutral” rating, which is more of a technical adjustment than a strong directional signal. Susquehanna Raises Target to $120
• Neutral Sentiment: Coverage and trending pieces (Zacks, Benzinga analyst roundup) increase visibility but do not change fundamentals immediately; useful to gauge sentiment. Baidu Is a Trending Stock (Zacks) Expert Outlook: Baidu (Benzinga)
• Positive Sentiment: Short-term technical bounce — Baidu reversed a long losing streak recently, which can attract momentum traders. Baidu Gains After Nine-Session Losing Streak
• Negative Sentiment: New securities‑fraud investigation announced by the Portnoy Law Firm — potential for litigation, distraction, and legal costs if a class action proceeds. Portnoy Law Firm Investigation
• Negative Sentiment: Reports that a $16.2B charge highlights risks in Baidu’s AI investments have pressured sentiment and contributed to recent large declines. That raises execution and capital‑allocation concerns for investors. Baidu Stock Drops as $16.2B Charge Exposes AI Gamble
• Negative Sentiment: Broader China macro weakness — coverage noting China’s lower growth target keeps pressure on Chinese tech multiples and investor appetite. Alibaba, NIO, and Other Chinese Stocks Fall (Barron’s)

Analysts Set New Price Targets

BIDU has been the topic of several recent analyst reports. Jefferies Financial Group raised their target price on shares of Baidu from $159.00 to $181.00 and gave the stock a “buy” rating in a report on Friday, January 2nd. Citigroup reiterated a “buy” rating on shares of Baidu in a report on Tuesday, January 13th. Benchmark reissued a “buy” rating on shares of Baidu in a research report on Friday, February 20th. Zacks Research lowered shares of Baidu from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. upgraded shares of Baidu from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $110.00 to $188.00 in a research report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $157.89.

Baidu Company Profile

Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.

Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.