Weibo (WB) News Today

Millennium Management LLC raised its stake in Weibo Co. (NASDAQ:WB - Free Report) by 56.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 726,940 shares of the information services provider's stock after ac

Squarepoint Ops LLC cut its stake in shares of Weibo Co. (NASDAQ:WB - Free Report) by 95.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 52,193 shares of the information services provider's stock after selling 1,039,346 shares

StockNews.com raised Weibo from a "hold" rating to a "buy" rating in a research report on Wednesday.

Weibo (NASDAQ:WB) Shares Gap Down - Here's Why

Dimensional Fund Advisors LP reduced its holdings in Weibo Co. (NASDAQ:WB - Free Report) by 10.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 855,126 shares of the information services provider's stock after selling 1

Renaissance Technologies LLC reduced its holdings in Weibo Co. (NASDAQ:WB - Free Report) by 72.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,600 shares of the information services provider's stock after selling 2

Weibo Co. (NASDAQ:WB - Get Free Report) was the target of unusually large options trading on Monday. Traders purchased 7,582 call options on the company. This is an increase of 80% compared to the typical volume of 4,211 call options.

Weibo (NASDAQ:WB) Shares Gap Down to $11.20

Citigroup boosted their target price on Weibo from $11.00 to $12.00 and gave the company a "buy" rating in a report on Monday.

Weibo (NASDAQ:WB) Shares Gap Up to $9.91

Shares of Weibo Co. (NASDAQ:WB - Get Free Report) have been assigned a consensus rating of "Reduce" from the six ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has

Canada Pension Plan Investment Board boosted its position in shares of Weibo Co. (NASDAQ:WB - Free Report) by 64.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,309,385 shares of the information services provider's stock after acquiring an

Weibo (NASDAQ:WB) Trading Up 3.9%

Federated Hermes Inc. lessened its stake in Weibo Co. (NASDAQ:WB - Free Report) by 9.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,766,161 shares of the information services provider's stock after selling 510,534 shar

Krane Funds Advisors LLC increased its position in Weibo Co. (NASDAQ:WB - Free Report) by 17.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,803,752 shares of the information services provider's stock after buying an additional 564,068 share

Headlands Technologies LLC purchased a new stake in shares of Weibo Co. (NASDAQ:WB - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 182,013 shares of the information services provider's stock, valued at appro

Acadian Asset Management LLC increased its position in shares of Weibo Co. (NASDAQ:WB - Free Report) by 204.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,433,509 shares of the information services provider

Weibo (NASDAQ:WB) Reaches New 1-Year Low at $7.16

Shares of Weibo Co. (NASDAQ:WB - Get Free Report) have been given an average rating of "Reduce" by the six brokerages that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one h

Nomura Securities raised Weibo to a "hold" rating in a research note on Monday.

Allspring Global Investments Holdings LLC lessened its holdings in shares of Weibo Co. (NASDAQ:WB - Free Report) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,207,046 shares of the informati

Weibo (NASDAQ:WB - Get Free Report) announced its quarterly earnings data on Thursday. The information services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.38 by $0.10. The company had revenue of $437.90 million for the quarter, compared to the consensus estimate of $437.97 million. Weibo had a net margin of 16.74% and a return on equity of 10.92%. Weibo's revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 EPS.

Morgan Stanley decreased their price objective on shares of Weibo from $8.00 to $7.50 and set an "underweight" rating for the company in a research note on Friday.

Weibo (NASDAQ:WB) Shares Gap Up to $7.89