E-Commerce China Dangdang: Funds Stocks Sales in Quarterly Release
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of E-Commerce China Dangdang Inc. (NYSE:DANG).
SEC data indicate that these institutions significantly reduced their stock shares of E-Commerce China Dangdang Inc. in Q3 2011:
CITADEL ADVISORS LLC: On 06/30/2011, held 1,614,980 shares, worth $18,717,618. On 09/30/2011, held 0 shares.
MIURA GLOBAL MANAGEMENT, LLC: On 06/30/2011, held 1,190,000 shares, worth $13,792,100. On 09/30/2011, held 0 shares.
D. E. SHAW & CO., INC.: On 06/30/2011, held 275,678 shares, worth $3,195,108. On 09/30/2011, held 0 shares.
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM: On 06/30/2011, held 202,571 shares, worth $2,347,798. On 09/30/2011, held 0 shares.
MAZAMA CAPITAL MANAGEMENT INC: On 06/30/2011, held 183,364 shares, worth $2,125,189. On 09/30/2011, held 0 shares.
About the company: E-Commerce China Dangdang, Inc. is a business-to-consumer Internet retailer. The Company sells books and other media; beauty and personal care; home and lifestyle; baby, children and maternity products; and various apparel including jackets, shoes, and men’s and women’s apparel.
Competitors to Watch: Amazon.com, Inc. (NASDAQ:AMZN), eBay Inc. (NASDAQ:EBAY), Mecox Lane Limited ADR (NASDAQ:MCOX),Youku.com(NYSE:YOKU), Liquidity Services, Inc. (NASDAQ:LQDT), Gaiam, Inc. (NASDAQ:GAIA), PC Connection, Inc. (NASDAQ:PCCC), PC Mall, Inc. (NASDAQ:MALL), Changyou.com (NASDAQ:CYOU), and Renren Inc (NYSE:RENN).
(Note: Data regarding E-Commerce China Dangdang Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)
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