Overstock.com, Inc. (OSTK) Reaches $67.55 After 5.00% Up Move; Sharps Compliance Has 1.57 Sentiment

February 20, 2018 - By Clifton Ray

The stock of Overstock.com, Inc. (NASDAQ:OSTK) is a huge mover today! The stock increased 5.30% or $3.4 during the last trading session, reaching $67.55. About 958,296 shares traded. Overstock.com, Inc. (NASDAQ:OSTK) has declined 7.99% since February 20, 2017 and is downtrending. It has underperformed by 24.69% the S&P500.The move comes after 5 months positive chart setup for the $1.69B company. It was reported on Feb, 20 by Barchart.com. We have $70.93 PT which if reached, will make NASDAQ:OSTK worth $84.50 million more.

Sharps Compliance Corp. provides medical, pharmaceutical, and hazardous waste management services in the United States. The company has market cap of $78.74 million. It offers Sharps Recovery System for the containment, transportation, treatment, and tracking of medical waste and used healthcare materials generated outside the hospital and health care facility settings; TakeAway Medication Recovery System, a solution that facilitates the proper disposal of unused medications; MedSafe, a solution for the safe collection, transportation, and proper disposal of unwanted and expired prescription medications; and ComplianceTRAC, a Web compliance and training program. It has a 612.04 P/E ratio. The firm also provides Route-Based Pickup Service, a waste management service, which offers medical and hazardous waste pick-up services; TakeAway Recycle System, a solution for the collection and recycling of single-use medical devices from surgical centers and other healthcare facilities; and Universal Waste Shipback Systems, a solution for the collection, transportation, and recycling of light bulbs, batteries, and other mercury containing devices.

Since September 1, 2017, it had 0 buys, and 4 insider sales for $855,461 activity. JOHNSON JONATHAN E III also sold $120,400 worth of Overstock.com, Inc. (NASDAQ:OSTK) shares.

Among 2 analysts covering Overstock.com (NASDAQ:OSTK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Overstock.com has $85 highest and $20 lowest target. $54’s average target is -20.06% below currents $67.55 stock price. Overstock.com had 5 analyst reports since May 26, 2016 according to SRatingsIntel. DA Davidson maintained the shares of OSTK in report on Friday, December 1 with “Buy” rating. DA Davidson maintained it with “Buy” rating and $85 target in Thursday, November 9 report. The stock of Overstock.com, Inc. (NASDAQ:OSTK) has “Buy” rating given on Wednesday, February 1 by Maxim Group. The stock of Overstock.com, Inc. (NASDAQ:OSTK) has “Buy” rating given on Thursday, May 26 by Maxim Group. The stock of Overstock.com, Inc. (NASDAQ:OSTK) has “Buy” rating given on Wednesday, September 6 by DA Davidson.

Investors sentiment increased to 1.77 in Q3 2017. Its up 0.35, from 1.42 in 2017Q2. It increased, as 13 investors sold Overstock.com, Inc. shares while 18 reduced holdings. 26 funds opened positions while 29 raised stakes. 11.11 million shares or 5.86% more from 10.49 million shares in 2017Q2 were reported. Lee Danner & Bass holds 1.9% or 594,766 shares in its portfolio. Sg Americas Limited Liability holds 0% or 3,669 shares in its portfolio. Kennedy Incorporated holds 0.02% or 38,902 shares. 1,946 are owned by Tower Cap Lc (Trc). Matarin Cap Mngmt holds 119,084 shares. Peak6 Invests Lp has 77,738 shares for 0.01% of their portfolio. Harber Asset Mgmt Ltd reported 28,000 shares. Aperio Grp reported 0% stake. Blackrock Inc holds 0% in Overstock.com, Inc. (NASDAQ:OSTK) or 1.25 million shares. 678,592 are owned by Thomson Horstmann & Bryant. Manufacturers Life The holds 0% or 13,360 shares in its portfolio. Cornerstone Cap Mngmt Ltd Company holds 171,338 shares. Susquehanna International Llp owns 71,180 shares. Tiaa Cref Invest Limited Liability Corp accumulated 120,662 shares or 0% of the stock. Comml Bank Of America Corp De holds 0% or 136,561 shares.

Overstock.com, Inc. operates as an online retailer in the United States. The company has market cap of $1.69 billion. The firm operates through two divisions, Direct and Partner. It currently has negative earnings. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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