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Analysis and Weibo Corp (ADR) (WB) Earnings Review

Out of 2 analysts covering Weibo Corp (NASDAQ:WB), 1 rate it “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Weibo Corp was the topic in 2 analyst reports since July 7, 2015 according to StockzIntelligence Inc.

The institutional sentiment increased to 1.89 in Q2 2015. Its up 1.21, from 0.68 in 2015Q1. The ratio is positive, as 9 funds sold all Weibo Corp (ADR) shares owned while 9 reduced positions. 18 funds bought stakes while 16 increased positions. They now own 11.73 million shares or 89.83% more from 6.18 million shares in 2015Q1.

Tcs Capital Management Llc holds 1.24% of its portfolio in Weibo Corp (ADR) for 143,000 shares. Index Management Solutions Llc owns 63,177 shares or 1.01% of their US portfolio. Moreover, Central Asset Investments & Management Holdings (Hk) Ltd has 0.5% invested in the company for 29,600 shares. The California-based Pacific Alternative Asset Management Company Llc has invested 0.48% in the stock. Contrarius Investment Management Ltd, a Jersey-based fund reported 318,653 shares.

Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The company has a market cap of $3.00 billion. The Firm provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It has 153.58 P/E ratio. It operates in two divisions: advertising and marketing services and other services.

The post Analysis and Weibo Corp (ADR) (WB) Earnings Review appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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