Sohu.com Inc (NASDAQ:SOHU) posted its earnings results on Monday. The company reported ($0.34) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.44) by $0.10, ARN reports. The firm earned $466 million during the quarter, compared to analyst estimates of $459.37 million. During the same quarter last year, the business posted ($0.51) earnings per share.

In other news, Director Edward B. Roberts sold 42,645 shares of the company’s stock in a transaction on Tuesday, December 8th. The shares were sold at an average price of $49.80, for a total value of $2,123,721.00. Following the sale, the director now directly owns 24,088 shares of the company’s stock, valued at approximately $1,199,582.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Edward B. Roberts sold 1,400 shares of the company’s stock in a transaction on Friday, December 11th. The shares were sold at an average price of $49.05, for a total transaction of $68,670.00. Following the completion of the sale, the director now directly owns 24,088 shares in the company, valued at $1,181,516.40. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in Sohu.com stock. Simplex Trading acquired a new position in shares of Sohu.com Inc (NASDAQ:SOHU) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,056 shares of the company’s stock, valued at approximately $403,000.

SOHU has been the topic of a number of research analyst reports. Goldman Sachs lowered shares of Sohu.com from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $49.00 to $48.00 in a report on Monday, November 30th. Barclays dropped their price objective on shares of Sohu.com from $64.00 to $60.00 and set an “overweight” rating on the stock in a report on Thursday, October 8th. Summit Research restated a “hold” rating and set a $55.00 price objective (up from $50.00) on shares of Sohu.com in a report on Monday, November 2nd. Brean Capital restated a “hold” rating on shares of Sohu.com in a report on Tuesday, October 27th. Finally, HSBC raised their price objective on shares of Sohu.com from $77.00 to $78.00 and gave the stock an “outperform” rating in a report on Monday, November 2nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $62.20.

Sohu.com (NASDAQ:SOHU) opened at 50.39 on Monday. Sohu.com has a 52-week low of $40.20 and a 52-week high of $71.78. The company’s market cap is $1.65 billion. The company has a 50-day moving average of $53.31 and a 200-day moving average of $48.81.

Sohu.com Inc. (NASDAQ:SOHU) is an online media, search and game service company providing online products and services on personal computers (PCs) and mobile devices. The Company operates through four segments: brand advertising segment and the others segment (both operated by Sohu), the Sogou segment and the Changyou segment. Sohu’s main business is the brand advertising business, which offers to users, over its matrices of Chinese language online media, various content, products and services across multiple Internet-enabled devices, such as PCs, mobile phones and tablets. Sohu engages in the others business, which includes mobile-related services and mobile products. Sogou is an online search, client software and mobile Internet product provider. Changyou is an online game developer and operator as measured by its MMOG Tian Long Ba Bu (TLBB) and its mobile game TLBB three-dimensional, and engages in the development, operation and licensing of online games for PCs and mobile devices.

12 Month Chart for NASDAQ:SOHU

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