<div id="readability-page-1"><p>Arrowstreet Capital Limited Partnership cut its stake in  Weibo Corporation (NASDAQ:WB - Free Report) by 19.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 751,806 shares of the information services provider's stock after selling 177,020 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.31% of Weibo worth $7,165,000 at the end of the most recent quarter.</p><ul><li>Netflix Wins the Streaming Wars: The $82B Warner Bros. Deal</li></ul><p>A number of other large investors have also recently modified their holdings of WB. AQR Capital Management LLC bought a new position in  Weibo in the first quarter worth about $117,000.  Fox Run Management L.L.C. purchased a new position in shares of  Weibo during the 2nd quarter worth approximately $136,000.  Vanguard Personalized Indexing Management LLC grew its holdings in shares of  Weibo by 85.9% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,815 shares of the information services provider's stock worth $179,000 after acquiring an additional 8,694 shares during the period.  Vise Technologies Inc. bought a new position in shares of  Weibo in the 2nd quarter worth approximately $179,000.  Finally, Kathmere Capital Management LLC lifted its stake in shares of  Weibo by 31.7% in the 2nd quarter. Kathmere Capital Management LLC now owns 20,455 shares of the information services provider's stock valued at $195,000 after purchasing an additional 4,928 shares during the period. Institutional investors own  68.77% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities analysts have issued reports on the company. Wall Street Zen downgraded Weibo from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 25th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Weibo in a research note on Wednesday, October 8th. Finally, Citigroup lifted their price target on shares of Weibo from $12.00 to $14.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, August 15th. One research analyst  has rated the stock with a Buy rating and one  has given a Hold rating to the company's stock. According to data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $14.00.</p><ul><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><b>Check Out Our Latest Report on WB</b></p><h2>Weibo Price Performance</h2><p>Shares of NASDAQ:WB opened at $10.23 on Thursday. The business has a fifty day moving average price of $10.84 and a 200-day moving average price of $10.65. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.35 and a quick ratio of 3.35. The company has a market capitalization of $2.50 billion, a PE ratio of 5.81, a PEG ratio of 4.85 and a beta of 0.13. Weibo Corporation has a 1-year low of $7.10 and a 1-year high of $12.96. </p><ul><li>Netflix Goes All In: The $70B Play to End the Streaming Wars</li></ul><p>Weibo (NASDAQ:WB - Get Free Report) last announced its quarterly earnings results on Tuesday, November 18th. The information services provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by ($0.03). The firm had revenue of $442.31 million during the quarter, compared to the consensus estimate of $447.88 million. Weibo had a return on equity of 11.79% and a net margin of 26.58%.The business's revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 EPS.  As a group, equities analysts expect that  Weibo Corporation will post 1.62 EPS for the current fiscal year. </p><h2>Weibo Company Profile</h2> (Free Report)<p>Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Weibo</li><li>3 Grocery Stocks That Can Help Take a Bite Out of Inflation </li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>How to Invest in the Best Canadian Stocks </li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>How to Calculate Stock Profit </li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0I?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0I"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Weibo Right Now?</h2><p>Before you consider Weibo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Weibo wasn't on the list.</p><p>While Weibo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

09898

<p>Arrowstreet Capital Limited Partnership reduced its stake in Weibo Corporation by 19.1% in Q2, selling 177,020 shares. The firm now owns 751,806 shares worth $7,165,000. Other investors also adjusted their holdings. Analysts have mixed ratings on Weibo, with a consensus rating of 'Moderate Buy' and an average target price of $14.00. Weibo's Q3 earnings missed estimates, with revenue down 4.8% year-over-year. The company operates as a social media platform in China, offering advertising, marketing, and value-added services.</p>

Arrowstreet Capital Limited Partnership Trims Stock Position in Weibo Corporation $WB