Inside Purchase: Charles Zhang Paid for 20,000 Shares of Sohu.com Inc. (SOHU); Calamos Convertible Opportunities & Income Fund (CHI) Has 1.25 Sentiment

May 26, 2018 - By Vivian Park

Sohu.com Inc. (NASDAQ:SOHU) Logo

Calamos Convertible Opportunities & Income Fund (CHI) investors sentiment is 1.25 in Q4 2017. It’s the same as in 2017Q3. The ratio is neither positive nor negative, as only 30 active investment managers started new or increased positions, while 24 sold and reduced holdings in Calamos Convertible Opportunities & Income Fund. The active investment managers in our database now possess: 8.55 million shares, down from 8.91 million shares in 2017Q3. Also, the number of active investment managers holding Calamos Convertible Opportunities & Income Fund in top ten positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 17 Increased: 21 New Position: 9.

Sohu.com Inc. provides online media, search, and game services on personal computers , mobile devices, and tablets in the People's Republic of China. The company has market cap of $1.45 billion. The firm operates sohu.com, which provides online news and information; Sohu News APP, a mobile phone application, as well as m.sohu.com mobile portal; tv.sohu.com that offers online video content and service, as well as Sohu Video APP, a mobile phone application; and focus.cn, which provides online real estate information and services. It currently has negative earnings. It also offers paid subscription services, interactive broadcasting services, and sub-licensing of purchased video content to third parties.

The stock increased 2.64% or $0.96 during the last trading session, reaching $37.37. About 308,333 shares traded. Sohu.com Inc. (NASDAQ:SOHU) has declined 20.58% since May 26, 2017 and is downtrending. It has underperformed by 32.13% the S&P500.

Investors sentiment increased to 1.69 in Q4 2017. Its up 0.22, from 1.47 in 2017Q3. It increased, as 13 investors sold Sohu.com Inc. shares while 22 reduced holdings. 27 funds opened positions while 32 raised stakes. 19.75 million shares or 4.76% more from 18.85 million shares in 2017Q3 were reported. J Goldman Company L P invested 0.2% in Sohu.com Inc. (NASDAQ:SOHU). D E Shaw & invested 0.01% in Sohu.com Inc. (NASDAQ:SOHU). Invesco Limited invested 0.01% in Sohu.com Inc. (NASDAQ:SOHU). Barclays Public Ltd Company owns 32,544 shares. Goldman Sachs Group Inc holds 263,291 shares. Cubist Systematic Strategies Ltd Liability Company stated it has 43,637 shares or 0.1% of all its holdings. Ionic Management Lc, a New York-based fund reported 30,805 shares. Engineers Gate Manager Limited Partnership invested in 0.15% or 48,865 shares. Sg Americas Secs Ltd Liability Co reported 4,074 shares. Axa has invested 0% in Sohu.com Inc. (NASDAQ:SOHU). Spark Management Lc invested 0.36% of its portfolio in Sohu.com Inc. (NASDAQ:SOHU). Aqr Capital Mgmt Ltd Liability Corp invested 0% of its portfolio in Sohu.com Inc. (NASDAQ:SOHU). Vanguard Group has invested 0% in Sohu.com Inc. (NASDAQ:SOHU). Neuberger Berman Gp Lc has 20,700 shares for 0% of their portfolio. 33,830 were accumulated by Northern Tru.

Company insider, Charles Zhang, CEO of Sohu Com Inc purchased a total of 20,000 shares of the corporation, based on $37.1 for each share . He also bought 345,440 shares worth approximately $11.76 million USD in the last 30 days. This shares acquisition was made on May 25, 2018 and is freely obtainable on the D.C. based-SEC’s website. Charles Zhang currently owns 8.16 million shares which are equivalent to roughly 20.96% of the China-based company’s total market cap.

Since April 30, 2018, it had 14 insider purchases, and 0 insider sales for $22.06 million activity. 20,000 shares valued at $720,600 were bought by ZHANG CHARLES on Thursday, May 10. The insider PHOTON GROUP LTD bought 20,000 shares worth $720,600.

Analysts await Sohu.com Inc. (NASDAQ:SOHU) to report earnings on July, 30. They expect $-0.75 EPS, up 67.11% or $1.53 from last year’s $-2.28 per share. After $-2.39 actual EPS reported by Sohu.com Inc. for the previous quarter, Wall Street now forecasts -68.62% EPS growth.

More recent Sohu.com Inc. (NASDAQ:SOHU) news were published by: Prnewswire.com which released: “Sohu.com Inc. Chairman and CEO Issues Letter to Stockholders Regarding Special Meeting” on May 17, 2018. Also Gurufocus.com published the news titled: “Sohu.com Inc (SOHU) CEO Charles Zhang Bought $369300 of Shares” on May 22, 2018. Benzinga.com‘s news article titled: “Benzinga’s Insider Buys Of The Week: Alexion Pharmaceuticals, Sohu.com And More” with publication date: May 06, 2018 was also an interesting one.

Among 7 analysts covering Sohu.com Inc. (NASDAQ:SOHU), 1 have Buy rating, 3 Sell and 3 Hold. Therefore 14% are positive. Sohu.com Inc. has $60 highest and $3500 lowest target. $46’s average target is 23.09% above currents $37.37 stock price. Sohu.com Inc. had 8 analyst reports since October 8, 2015 according to SRatingsIntel. The stock of Sohu.com Inc. (NASDAQ:SOHU) earned “Underweight” rating by JP Morgan on Wednesday, August 31. Deutsche Bank downgraded the stock to “Hold” rating in Monday, October 30 report. Citigroup downgraded the stock to “Neutral” rating in Friday, July 22 report. The firm earned “Equal-Weight” rating on Tuesday, August 1 by Morgan Stanley. On Monday, November 30 the stock rating was downgraded by Goldman Sachs to “Sell”. The firm earned “Neutral” rating on Monday, October 19 by Macquarie Research.

Another recent and important Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) news was published by Prnewswire.com which published an article titled: “Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW and CCD) Announce Monthly Distributions and …” on May 01, 2018.

Sohu.com Inc. (NASDAQ:SOHU) Institutional Positions Chart

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