- The stock was sold by five insiders within one month.
- The stock was not purchased by any insiders in the month of intensive selling.
- All five of these insiders decreased their holdings by more than 10%.
Sohu.com (NASDAQ:SOHU) provides online media, search, gaming, community, and mobile services in the People's Republic of China.
Insider selling during the last 30 days
Here is a table of Sohu's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Sold||Rule 10b5-1||Current Ownership||Decrease In Ownership|
|Edward Roberts||Director||March 6||52,500||No||287,732 shares||15.4%|
|Carol Yu||CFO||March 6||10,000||No||35,000 shares||22.2%|
|Dave Qi||Director||March 6||10,000||No||24,073 shares||29.3%|
|Xin Wang||COO||Feb 19||10,000||No||80,000 shares||11.1%|
|John Deng||Director||Feb 21||5,693||No||11,266 shares||33.6%|
There have been 88,193 shares sold by insiders during the last 30 days.
Insider selling by calendar month
Here is a table of Sohu's insider activity by calendar month.
|Month||Insider selling / shares||Insider buying / shares|
There have been 101,875 shares sold, and there have been zero shares purchased by insiders since January 2013. The month of March 2014 has seen the most insider selling.
Sohu reported the full-year 2013 financial results on February 10 with the following highlights:
|Net loss||$15.3 million|
The five insiders sold their shares after these results.
Sohu's first-quarter 2014 guidance is as follows:
|Non-GAAP net loss||$42-$46 million|
|Qtrly Rev Growth (yoy):||0.29||0.42||0.07||0.50|
|PEG (5 yr expected):||-1.92||1.81||0.96||1.60|
Sohu has the highest short float among these four companies.
There have been five different insiders selling Sohu, and there have not been any insiders buying Sohu during the last 30 days. All five of these insiders decreased their holdings by more than 10%. Sohu has an insider ownership of 2.40%.
There are eight analyst buy ratings, 11 neutral ratings, and one sell rating with an average price target of $75.73. Before going short Sohu, I would like to get a bearish confirmation from the Point and Figure chart. The three main reasons for the proposed short entry are bearish analyst price targets, negative earnings, and the intensive insider-selling activity.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.