Morgan Stanley Decides to Upgrade Sohu.com (NASDAQ:SOHU) Stock

The information services provider reported ($1.85) earnings per share for the quarter, missing analysts' consensus estimates of ($1.73) by $0.12.

Wang said Sogou is the only company able to challenge and even reshape the search business landscape in China as its second quarter revenue jumped 20 per cent year on year to US$211 million, outpacing the entire industry.

There has been some buying insider activity on Sohu.com Inc.

On 12/8/2015 Edward B Roberts, Director, sold 42,645 with an average share price of $49.80 per share and the total transaction amounting to $2,123,721.00.

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Sohu.com rose the most in nearly five years after its chairman said the Chinese company's search engine subsidiary Sogou is on a "very good trajectory" as it prepares for a public listing in the US. The stock's market capitalization is $2.21 billion. Guggenheim Capital LLC now owns 31,507 shares of the information services provider's stock worth $1,068,000 after buying an additional 13,896 shares in the last quarter. Sohu.com had a negative return on equity of 17.02% and a negative net margin of 16.83%.

Adjusted attributable net loss was $71.76 million or $1.85 per share, compared to net loss of $62.84 million or $1.62 per share a year ago.

Analysts reviewing Sohu.com Inc. have recently updated their recommended buy/sell ratings and price targets on the stock. On average, equities research analysts forecast that Sohu.com Inc. will post ($5.72) EPS for the current year.

Other equities analysts have also recently issued reports about the company. Finally, BidaskClub lowered Sohu.com from a "buy" rating to a "hold" rating in a report on Tuesday, July 25th. Macquarie Research maintained Sohu.com Inc (NASDAQ:SOHU) rating on Monday, October 19. HSBC Holdings plc lowered Sohu.com from a "buy" rating to a "hold" rating and upped their price objective for the stock from $48.00 to $57.00 in a research note on Tuesday, May 23rd. Finally, Benchmark Co. assumed coverage on shares of Sohu.com in a research report on Tuesday, April 18th. They now have a United States dollars 60 price target on the stock. (NASDAQ:SOHU), 1 have Buy rating, 2 Sell and 3 Hold. The company now has a consensus rating of "Hold" and a consensus price target of $50.10.

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Galenao himself has apparently also submitted an affidavit claiming he spent "hundreds of hours" with Iheanacho. But Kelechi, in a pleading he filed for the court, claims he does not know and never spent time with Galeano.

(NASDAQ:SOHU) recently. CEO Charles Zhang acquired 25,000 shares at an average price of $40.06 on Friday the 12th. The shares were purchased at an average cost of $40.06 per share, with a total value of $1,001,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

COPYRIGHT VIOLATION NOTICE: "Sohu.com Inc". As of the end of the quarter Spark Investment Management LLC had bought 48,300 shares growing its holdings by 97.8%. The refreshing reversal at Changyou may be the biggest reason for Sohu landing well ahead of its earlier guidance, but it's the thriving growth at Sogou that has kept the stock near its 52-week highs before Monday's results sent it even higher.

Inc.is an online media, search and game service company, which is engaged in providing online services and products on personal computers (PCs) and mobile devices in the People's Republic of China (the PRC).

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