10,032 Shares of Baidu, Inc. $BIDU Bought by Chicago Partners Investment Group LLC

by · The Markets Daily

Chicago Partners Investment Group LLC bought a new stake in Baidu, Inc. (NASDAQ:BIDU – Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,032 shares of the information services provider’s stock, valued at approximately $774,000.

Other large investors have also modified their holdings of the company. WCM Investment Management LLC boosted its holdings in Baidu by 967.3% in the 1st quarter. WCM Investment Management LLC now owns 454,295 shares of the information services provider’s stock worth $48,428,000 after acquiring an additional 411,731 shares during the period. Handelsbanken Fonder AB raised its stake in shares of Baidu by 110.9% during the second quarter. Handelsbanken Fonder AB now owns 246,789 shares of the information services provider’s stock valued at $28,206,000 after purchasing an additional 129,789 shares during the period. NewEdge Advisors LLC lifted its position in shares of Baidu by 39.7% during the first quarter. NewEdge Advisors LLC now owns 47,855 shares of the information services provider’s stock worth $5,332,000 after purchasing an additional 13,598 shares in the last quarter. Amundi lifted its position in shares of Baidu by 16.3% during the second quarter. Amundi now owns 92,993 shares of the information services provider’s stock worth $10,628,000 after purchasing an additional 13,015 shares in the last quarter. Finally, Corecam Pte. Ltd. lifted its position in shares of Baidu by 69.0% during the third quarter. Corecam Pte. Ltd. now owns 67,614 shares of the information services provider’s stock worth $5,874,000 after purchasing an additional 27,606 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Baidu from $175.00 to $145.00 and set an “overweight” rating for the company in a report on Friday, October 23rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Baidu in a research note on Thursday, August 13th. Arete Research lowered shares of Baidu from a “buy” rating to a “neutral” rating and set a $108.00 price objective on the stock. in a report on Monday, September 7th. Benchmark decreased their price objective on shares of Baidu from $215.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Finally, Bank of America reissued a “buy” rating on shares of Baidu in a research report on Monday, October 26th. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Baidu presently has an average rating of “Hold” and an average target price of $143.14.

Check Out Our Latest Stock Report on BIDU

More Baidu News

Here are the key news stories impacting Baidu this week:

  • Negative Sentiment: Several law firms issued reminders about a securities class action against Baidu, covering investors who bought shares from November 18, 2025, through August 17, 2026. The complaint alleges Baidu overstated how its AI business was offsetting weakness in legacy search advertising; it cites AI-business growth of 49% year over year in Q1 2026 followed by an 8% quarter-over-quarter contraction three months later. These are allegations, not proven findings, but the litigation creates legal and reputational uncertainty. SueWallSt lawsuit notice
  • Neutral Sentiment: The notices emphasize a November 13 deadline to seek lead-plaintiff status. This is a procedural milestone rather than a new company operating update; the repeated alerts largely concern the same lawsuit. Rosen Law Firm deadline notice

Baidu Stock Performance

Shares of BIDU opened at $79.71 on Wednesday. The business’s 50 day moving average is $85.29 and its two-hundred day moving average is $112.10. Baidu, Inc. has a 52-week low of $75.80 and a 52-week high of $165.30. The firm has a market cap of $27.24 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 4.25 and a beta of 0.60. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.28.

Baidu Company Profile

(Free Report)

Baidu, Inc. is a Chinese technology company best known for its internet search engine and related online services. Founded in 2000 by Robin Li and Eric Xu, the company is headquartered in Beijing and primarily serves users and business customers in China. Its offerings include Baidu Search, the Baidu mobile app and Baidu Maps, as well as online marketing services. Baidu also develops cloud computing and artificial intelligence technologies, including generative AI products and services for businesses and consumers.

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