28,450 Baidu, Inc. $BIDU Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its stake in Baidu, Inc. (NASDAQ:BIDU) by 13.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 179,660 shares of the information services provider’s stock after selling 28,450 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Baidu were worth $15,607,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Signature Equity Partners LLC acquired a new position in Baidu during the 1st quarter worth approximately $25,000. Rakuten Securities Inc. boosted its holdings in Baidu by 20.0% in the 2nd quarter. Rakuten Securities Inc. now owns 587 shares of the information services provider’s stock worth $67,000 after acquiring an additional 98 shares during the period. EverSource Wealth Advisors LLC grew its position in Baidu by 17.3% in the first quarter. EverSource Wealth Advisors LLC now owns 1,090 shares of the information services provider’s stock valued at $121,000 after acquiring an additional 161 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in Baidu by 108.6% in the third quarter. TD Waterhouse Canada Inc. now owns 1,414 shares of the information services provider’s stock valued at $121,000 after acquiring an additional 736 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in shares of Baidu during the third quarter valued at approximately $149,000.

Baidu News Roundup

Here are the key news stories impacting Baidu this week:

• Neutral Sentiment: Wall Street analysts’ average brokerage recommendation is equivalent to a Buy, but the report cautions that analyst recommendations can be overly optimistic, making this a limited positive signal. Article: Is Baidu Inc. a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: The securities class action alleges that Baidu’s disclosures about its “Core AI-powered Business” relied on unaudited internal management data and did not adequately warn that declining legacy advertising revenue might outpace AI growth. The repeated law-firm notices highlight litigation risk for investors who bought shares during the alleged class period, November 18, 2025–August 17, 2026. Article: BIDU Shareholder Alert
• Negative Sentiment: A recent Q3 preview from Seeking Alpha flagged rising disintermediation risk and downgraded Baidu to Sell, adding to concerns about competitive pressure on its business. Article: Baidu Q3 2026 Preview

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on BIDU shares. Arete Research cut shares of Baidu from a “buy” rating to a “neutral” rating and set a $108.00 target price on the stock. in a research report on Monday, September 7th. JPMorgan Chase & Co. decreased their target price on shares of Baidu from $175.00 to $145.00 and set an “overweight” rating for the company in a research note on Friday, October 23rd. Zacks Research raised shares of Baidu from a “strong sell” rating to a “hold” rating in a report on Monday, October 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Baidu in a report on Thursday, August 13th. Finally, Bank of America reaffirmed a “buy” rating on shares of Baidu in a research note on Monday, October 26th. Eleven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Baidu has a consensus rating of “Hold” and an average price target of $143.14.

Baidu Trading Down 1.2%

NASDAQ:BIDU opened at $79.48 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.33 and a current ratio of 2.33. Baidu, Inc. has a one year low of $75.80 and a one year high of $165.30. The business’s 50-day simple moving average is $86.22 and its 200 day simple moving average is $113.26. The stock has a market cap of $27.04 billion, a price-to-earnings ratio of -37.67, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60.

Baidu Company Profile

Baidu, Inc (NASDAQ: BIDU) is a Chinese internet and artificial intelligence company founded in 2000 by Robin Li and Eric Xu. The company began as an internet search provider and has expanded into a broad technology platform serving consumers, businesses and public-sector organizations.

Baidu’s consumer products include its search engine, Baidu App, Baidu Baike, Baidu Maps, Baidu Tieba and Baidu Wenku. Its business services include online advertising, cloud computing and AI Cloud offerings.