Sogou Inc. (NYSE:SOGO) produced a 7.07% rally since recording the worst price of $7.21. Thanks to the latest 2.52% increase, it now trades at $7.72. Throughout the trading on September 13, 2018, the share price floated between $7.71 and $8.1. This company shares are 39.51% off its target price of $10.77 and the current market capitalization stands at $3.06B. The recent change has given its price a -18.53% deficit over SMA 50 and -50.19% deficit over its 52-week high. The stock witnessed -9.81% declines, -42.3% declines and -18.65% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SOGO’s volatility during a week at 5.8% and during a month it has been found around 4.9%.Sogou Inc. (SOGO) Top Holders
Institutional investors currently hold around $173 million or 23.2% in SOGO stock. Look at its top three institutional owners. Morgan Stanley owns $36.32 million in Sogou Inc., which represents roughly 1.19% of the company’s market cap and approximately 20.99% of the institutional ownership. Similar statistics are true for the second largest owner, Ubs Asset Management Americas Inc, which owns 3,805,207 shares of the stock are valued at $28.65 million. The third largest holder is Macquarie Group Ltd, which currently holds $10 million worth of this stock and that ownership represents nearly 0.33% of its market capitalization.
At the end of June reporting period, 49 institutional holders increased their position in Sogou Inc. (NYSE:SOGO) by some 9,630,643 shares, 23 decreased positions by 8,984,862 and 9 held positions by 4,328,920. That puts total institutional holdings at 22,944,425 shares, according to SEC filings. The stock grabbed 24 new institutional investments totaling 4,198,637 shares while 13 institutional investors sold out their entire positions totaling 3,767,417 shares.Sogou Inc. (SOGO) Analyst Guide
Several analysts have released their opinion on Sogou Inc. (NYSE:SOGO), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.