Cape Investment Advisory Inc. lifted its holdings in shares of Baidu, Inc. (NASDAQ:BIDU – Free Report) by 16,537.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,331 shares of the information services provider’s stock after buying an additional 1,323 shares during the period. Cape Investment Advisory Inc.’s holdings in Baidu were worth $140,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Crossmark Global Holdings Inc. raised its position in shares of Baidu by 0.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 29,375 shares of the information services provider’s stock worth $3,498,000 after purchasing an additional 99 shares during the period. Kingsview Wealth Management LLC boosted its holdings in shares of Baidu by 5.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 2,005 shares of the information services provider’s stock valued at $239,000 after acquiring an additional 110 shares during the period. Beacon Financial Group grew its position in shares of Baidu by 7.2% during the fourth quarter. Beacon Financial Group now owns 1,894 shares of the information services provider’s stock worth $226,000 after acquiring an additional 128 shares during the last quarter. Ignite Planners LLC increased its holdings in shares of Baidu by 3.8% in the 1st quarter. Ignite Planners LLC now owns 3,791 shares of the information services provider’s stock worth $411,000 after acquiring an additional 139 shares during the period. Finally, Advisors Asset Management Inc. lifted its position in Baidu by 8.2% in the 1st quarter. Advisors Asset Management Inc. now owns 2,583 shares of the information services provider’s stock valued at $272,000 after purchasing an additional 196 shares during the last quarter.
Baidu Price Performance
Shares of NASDAQ BIDU traded down $1.93 during mid-day trading on Friday, reaching $84.49. The company had a trading volume of 3,226,305 shares, compared to its average volume of 4,829,994. The company has a current ratio of 2.79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.25. Baidu, Inc. has a 1-year low of $82.91 and a 1-year high of $151.55. The stock has a market cap of $29.63 billion, a PE ratio of 11.31 and a beta of 0.49. The company has a 50-day moving average price of $92.10 and a two-hundred day moving average price of $100.34.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on BIDU
Baidu Company Profile
Baidu, Inc engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.
See Also
- Five stocks we like better than Baidu
- Overbought Stocks Explained: Should You Trade Them?
- Market Crash? No Problem for DoorDash Stock’s Impressive Earnings
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- Investing In Preferred Stock vs. Common Stock
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
Want to see what other hedge funds are holding BIDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Baidu, Inc. (NASDAQ:BIDU – Free Report).
Receive News & Ratings for Baidu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baidu and related companies with MarketBeat.com's FREE daily email newsletter.