Shareholder Diker Management LLC Decreased Sothebys (BID) Stake

Sotheby's (NYSE:BID) Corporate LogoBig Money Sentiment decreased to 0.76 in Q4 2018. It has change of 0.01, from 2018Q3’s 0.77. The ratio worsened due to BID positioning: 35 sold and 55 reduced. 29 funds amassed holdings and 39 increased holdings. Investors holded 43.40 million in 2018Q3 but now own 43.66 million shares or 0.60% more. Manufacturers Life Insurance Communications The accumulated 82,267 shs. Geode Cap Mgmt invested 0% of its capital in Sotheby's (NYSE:BID). Principal Group reported 149,727 shs or 0.01% of all its holdings. Morgan Stanley invested in 0% or 134,966 shs. Moreover, Ls Invest Advisors Limited Liability Com has 0.01% invested in Sotheby's (NYSE:BID). Diker Limited Liability holds 0.49% or 28,415 shs in its capital. Brown Brothers Harriman And accumulated 20 shs. Gemmer Asset Mgmt Ltd Llc holds 0% or 227 shs. Price T Rowe Assocs Md stated it has 0% of its capital in Sotheby's (NYSE:BID). Fuller Thaler Asset Mngmt Incorporated, California-based fund reported 653,323 shs. Tower Rech Lc (Trc) has 121 shs. 620,677 are held by Northern Trust. California State Teachers Retirement Sys stated it has 0% in Sotheby's (NYSE:BID). Hsbc Public Ltd Com accumulated 0% or 6,484 shs. 6,132 are owned by Guggenheim Capital Ltd Com.

BID had 0 selling transactions and 1 insider purchase since November 28, 2018. This’s net activity of $624,616.

Based on the latest 2018Q4 regulatory filing with the SEC, Diker Management Llc reduced its stake in Sothebys (BID) by 80.67%. The company’s stock sank 2.32% while Diker Management Llc sold 118,604 shares. At the end of 2018Q4, the 28,415 shares of the business services company held by the hedge fund were valued at $1.13M, down from 147,019 at the end of the previous reported quarter. Diker Management Llc has risen its stake in and also increased its holding in Grubhub Inc (NYSE:GRUB) by 70,581 shares in the quarter, for a total of 73,081 shares.

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Sotheby's (NYSE:BID) Ratings Coverage

A total of 2 analysts rate Sotheby (NYSE:BID) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 50% are bullish. The firm has $50 highest and $44 lowest target. The avg target $47 is 19.41% above the last ($39.36) price. (NYSE:BID) has 3 ratings reports on Mar 23, 2019 according to StockzIntelligence. On Thursday, January 24 the firm has “Market Perform” rating given by Cowen & Co. On Tuesday, November 27 the rating was upgraded by Sidoti to “Buy”.

Sotheby's (NYSE:BID) Institutional Investors Chart

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