SG Americas Securities LLC Sells 110,409 Shares of Baidu, Inc. $BIDU

SG Americas Securities LLC lessened its position in shares of Baidu, Inc. (NASDAQ:BIDU) by 28.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 271,319 shares of the information services provider’s stock after selling 110,409 shares during the quarter. SG Americas Securities LLC’s holdings in Baidu were worth $35,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Binnacle Investments Inc bought a new position in Baidu in the second quarter worth $29,000. Winthrop Capital Management LLC acquired a new position in shares of Baidu in the 2nd quarter valued at $39,000. Mizuho Securities Co. Ltd. bought a new position in shares of Baidu during the 2nd quarter worth about $43,000. CX Institutional boosted its position in shares of Baidu by 34.1% during the 2nd quarter. CX Institutional now owns 715 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 182 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of Baidu by 127.6% during the 2nd quarter. Assetmark Inc. now owns 742 shares of the information services provider’s stock valued at $64,000 after acquiring an additional 416 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. The Goldman Sachs Group raised their price target on shares of Baidu from $154.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft raised Baidu from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a report on Thursday, November 6th. Bank of America boosted their price target on Baidu from $100.00 to $151.00 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Macquarie upgraded Baidu from a “neutral” rating to an “outperform” rating and upped their price target for the company from $91.00 to $176.00 in a research report on Friday, October 10th. Finally, Zephirin Group assumed coverage on Baidu in a research note on Monday, September 15th. They set a “sell” rating and a $92.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Baidu has an average rating of “Moderate Buy” and a consensus price target of $149.56.

Baidu Stock Up 0.3%

Shares of BIDU opened at $146.81 on Thursday. The company has a market capitalization of $50.72 billion, a P/E ratio of 48.77 and a beta of 0.30. Baidu, Inc. has a one year low of $74.71 and a one year high of $151.43. The business’s 50 day simple moving average is $124.40 and its 200-day simple moving average is $111.50. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.91 and a quick ratio of 1.91.

More Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Management confidentially filed for an IPO/spin-off of Kunlunxin (AI chip unit), which could unlock hidden value and lead to a re-rating of Baidu as investors can assign a standalone value to the fast-growing hardware business. Retaining ~59% means Baidu keeps upside while unlocking market value. Why Baidu’s Quiet Spin-Off Could Unlock a Major Re-Rating
• Positive Sentiment: Multiple reports say Kunlunxin is preparing a Hong Kong IPO targeting around $2 billion, positioning Baidu to raise external capital for chip R&D while improving Baidu Core margins. This is driving renewed investor interest in BIDU. Benzinga: Baidu’s AI Chip Unit Eyes Hong Kong IPO
• Positive Sentiment: Analysts have reacted by raising targets and ratings (Jefferies upgraded and boosted its target; Nomura raised its target to $178), supporting upward price momentum and expectations of EPS/margin improvement from the spin-off. Jefferies Upgrades Outlook on Baidu After AI Chip Unit Spin-Off Announcement Nomura Raises Price Target
• Neutral Sentiment: Analyst coverage pieces highlight broad Wall Street bullishness but advise investors to weigh valuation and execution risks; consensus is generally constructive (moderate buy). Zacks: Is It Worth Investing in Baidu Based on Wall Street’s Bullish Views?
• Neutral Sentiment: An in-depth valuation piece examines the spin-off and AI optimism, outlining the sum-of-the-parts case and potential margin expansion but also noting competition and execution risk. Useful for investors assessing whether current multiples already reflect the new structure. Assessing Baidu Valuation After Kunlunxin Spin Off Plan And AI Optimism
• Negative Sentiment: Pomerantz has opened an investor investigation into Baidu, flagging potential litigation risk that could create short-term volatility and news-driven downside. Monitor filings and scope of claims. Pomerantz Investor Alert

Baidu Profile

Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.

Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.