Yesterday, a Director at Overstockcom (OSTK), Joseph Tabacco, bought shares of OSTK for $90.95K.
Following this transaction Joseph Tabacco’s holding in the company was increased by 9.8% to a total of $946.4K.
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Based on Overstockcom’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $453 million and GAAP net loss of $41.69 million. In comparison, last year the company earned revenue of $445 million and had a GAAP net loss of $49.72 million. Currently, Overstockcom has an average volume of 3.47M.
Starting in September 2018, OSTK received 11 Buy ratings in a row.
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Overstock.com, Inc. operates on online shopping commercial site. The firm also sells these products through www.overstock.com, www.o.com, and www.o.biz. It operates through the following business segments: Retail, tZERO, and Other. The Retail Segment engages in e-commerce sales through its website.
