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

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

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Sohu.com from a "buy" rating to a "hold" rating in a report on Tuesday, August 6th.

Sohu.com Trading Up 4.9 %

The stock has a fifty day simple moving average of $14.75 and a 200-day simple moving average of $12.36. The stock has a market cap of $521.53 million, a price-to-earnings ratio of -13.70 and a beta of 1.19.

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

Institutional Trading of Sohu.com

Hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets raised its stake in shares of Sohu.com by 46.5% in the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider's stock valued at $33,000 after purchasing an additional 1,000 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Sohu.com in the 2nd quarter valued at $36,000. Blue Trust Inc. lifted its holdings 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 worth $57,000 after acquiring an additional 3,867 shares during the period. Athos Capital Ltd acquired a new stake in shares of Sohu.com during the 4th quarter valued at about $71,000. Finally, Russell Investments Group Ltd. increased its stake in Sohu.com by 31.1% in the first 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. Institutional investors own 33.02% of the company's stock.

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.

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