BID - Sotheby's

NYSE - NYSE Delayed Price. Currency in USD
58.20
+0.09 (+0.15%)
At close: 4:02PM EDT
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Previous Close58.11
Open58.25
Bid57.01 x 800
Ask58.19 x 800
Day's Range57.90 - 58.30
52 Week Range32.01 - 59.94
Volume322,161
Avg. Volume762,815
Market Cap2.713B
Beta (3Y Monthly)2.01
PE Ratio (TTM)26.48
EPS (TTM)2.20
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-11-27
1y Target Est53.75
Trade prices are not sourced from all markets
  • ACCESSWIRE

    SHAREHOLDER ALERT: Monteverde & Associates PC Launches an Investigation Regarding the Following Buyout

    NEW YORK, NY / ACCESSWIRE / August 16, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...

  • ACCESSWIRE

    Rigrodsky & Long, P.A. Files Class Action Suit Against Sotheby’s

    WILMINGTON, DE / ACCESSWIRE / July 31, 2019 / Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders ...

  • GlobeNewswire

    Shareholder Investigation Alert: Halper Sadeh LLP Reminds Investors That it is Investigating Whether the Sale of These Companies is Fair to Shareholders – CZR, DFRG, BID, LTXB

    NEW YORK, July 31, 2019 -- Halper Sadeh LLP, a global investor rights law firm, reminds investors that it is investigating the following companies: Caesars Entertainment.

  • Classic 1939 Porsche Type 64 - 'The Ancestor of All Porsches' - Goes to Auction
    TheStreet.com

    Classic 1939 Porsche Type 64 - 'The Ancestor of All Porsches' - Goes to Auction

    It might be a little worse for wear, but it comes with spare parts. Take a look at these pictures of the 90-year-old race car that birthed today's Porsches -- and which could fetch millions at auction this month.

  • GlobeNewswire

    Sotheby’s Reports 2019 Second Quarter Financial Results

    NEW YORK, July 30, 2019 -- Sotheby’s (NYSE: BID) today reported its financial results for the second quarter and six months ended June 30, 2019.  For the three months.

  • GuruFocus.com

    Daniel Loeb's Third Point 2nd-Quarter 2019 Investor Letter

    Discussion of markets and holdings Continue reading...

  • One man purchased Nike's 'Moon Shoes' (and 99 other pairs) for an astounding $1,287,500
    Yahoo Finance

    One man purchased Nike's 'Moon Shoes' (and 99 other pairs) for an astounding $1,287,500

    International collector, philanthropist and entrepreneur Miles S. Nada purchases "The Ultimate Sneaker Collection"l for a whopping $1,287,500.

  • Reuters

    UPDATE 1-Nike shoes race to $437,500 world record auction price for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers.

  • Nike shoes race to $437,500 world record auction price for sneakers
    Reuters

    Nike shoes race to $437,500 world record auction price for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers. The buyer was Canadian investor and car collector Miles Nadal, who had previously paid $850,000 for 99 other pairs of rare or limited collection sneakers offered by Sotheby's.

  • Reuters

    At $437,500, Nike running shoes smash auction record for sneakers

    The so-called Nike "Moon Shoe," designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby's auction house in New York. Sotheby's said the price was a world auction record for a pair of sneakers.

  • Original Apollo 11 landing videotapes sell for $1.8M
    TechCrunch

    Original Apollo 11 landing videotapes sell for $1.8M

    VCRs didn't really exist when the first men walked on the moon, but NASA wasahead of the curve and recorded the event for posterity on videotapes — whichjust sold at auction for $1

  • Sotheby's to auction Apollo 11 moon landing tapes
    Yahoo Finance Video

    Sotheby's to auction Apollo 11 moon landing tapes

    Sotheby’s is planning to auction off an out-of-this-world collection on the 50th anniversary of the Apollo 11 moon landing — but owning a piece of space history comes at a hefty price.

  • GlobeNewswire

    Investigation Alert: Halper Sadeh LLP is Investigating Whether the Sale of These Companies is Fair to Shareholders – BKS, BID

    NEW YORK, July 18, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating the following companies: Barnes & Noble, Inc. (NYSE: BKS)The investigation.

  • GlobeNewswire

    SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of the Following Mergers

    WILMINGTON, Del., July 18, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Carolina Trust BancShares, Inc. (NASDAQ CM: CART) regarding possible breaches.

  • Exclusive: Here’s why one of S.F.’s top real estate agents left Compass for Sotheby’s
    American City Business Journals

    Exclusive: Here’s why one of S.F.’s top real estate agents left Compass for Sotheby’s

    Real estate duel between Compass and Sotheby's is growing after Compass ruffled feathers by buying up longtime local real estate companies.

  • ACCESSWIRE

    SHAREHOLDER ALERT: Halper Sadeh LLP Reminds Investors it is Investigating Whether the Sale of These Companies is Fair to Shareholders - BID, CZR, DFRG

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Halper Sadeh LLP, a global investor rights law firm, reminds investors that it is investigating the following companies: Sotheby’s (NYSE: BID) The investigation ...

  • GlobeNewswire

    CZR, LTXB, CJ and BID SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

    WILMINGTON, Del., July 15, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Caesars Entertainment Corporation (NASDAQ GS: CZR) regarding possible.

  • Facebook's Watchdog Has a Chance to Follow the Money
    Bloomberg

    Facebook's Watchdog Has a Chance to Follow the Money

    (Bloomberg Opinion) -- Google and Facebook Inc. are in regulators’ sights again. Britain’s monopolies watchdog is gathering input for its “Online Platforms and the Digital Advertising Market” study.Behind this seemingly nebulous title lies a golden opportunity to make Big Tech face some hard questions about its control over digital advertising. This could be a first, since no-one has as yet managed successfully to unpick the workings of the ad tech market. The answers could steer the conversation about a breakup of the two behemoths to their digital advertising assets, rather than their consumer-facing offerings – something that both companies would desperately like to avoid.The Competition and Markets Authority’s investigation will span data collection, the firms’ dominant consumer-facing platforms and competition in online ads. Officials should focus their limited resources on the last of those three. Data and platform dominance feed the advertising model, and privacy is of course an important concern. But the regulator needs to follow the money.Between them, Google and Facebook secured 56% of all global internet ad dollars in 2018, according to the World Advertising Research Council. That should rise to 61% this year.A close examination of the two firms’ earnings demonstrates how they’ve managed to consolidate their dominance. In North America, the growth in the number of active Facebook users has slowed to a crawl over the past two years. Yet the average revenue per user has continued to grow exponentially.Meanwhile at Google, the number of impressions from its network members (i.e. websites where Google is responsible for placing the ads) also grew more slowly last year. To offset that, the cost-per-impression grew by 12%, up from 8% a year earlier.This points towards the power both firms have to squeeze money out of advertisers. Brands can and do complain about Google and Facebook till they’re blue in the face, but if they want to advertise online they have little choice but to still send ever more ad dollars their way.The British study explicitly cites Google and Facebook's control over multiple important stages in the programmatic advertising process, what’s known as the “advertising stack.” That’s noteworthy. Other studies in Germany, France, Australia and elsewhere have more broadly tackled the use of data. Britain should avoid starting on a path that may just replicate their findings. Concentrating on the ad stack gets right to the heart of the firms’ business models.The issue with the modern competitive landscape is that the distinction between the various roles in programmatic ad categories is blurring. The competition lawyer Damien Geradin, who has long been critical of Google, likens it to the sale of a painting where Sotheby’s is the auctioneer, the buyer’s agent and the seller’s agent. When you buy a painting, you tell the Sotheby’s buying agent your maximum budget is $100,000. A day later, you’re told you were the winning bidder, and paid just $75,000.The problem is, you’ve no idea how high the next bid was. Nor does the seller know how much was offered. Maybe both got a good deal, but it’s hard to tell. You simply have to take the auction house’s word for it.Now substitute ad views or clicks for the painting, and Google for Sotheby’s, and you get a sense of some of the problems in online advertising. Walled gardens have developed where money goes in, and results come out, but brands and publishers have little visibility on everything that happened in between.It won’t be easy to disentangle the workings of this industry. The CMA has just 25 people dedicated staff to the study – Facebook and Google meanwhile have thousands of employees in the U.K. alone.When Australia published the preliminary report of its Digital Platforms Inquiry in December, it admitted it was “difficult to estimate with precision whether the pricing for search or display advertising may be considered excessive.” That’s a serious problem. If the regulator, with its legal authority, can’t ascertain the truth, then brands themselves have even less of a chance.It’s all but impossible to reach an independent evaluation of the price and effectiveness offered by the duopoly against competing platforms. Britain’s competition cops would do well to embed themselves deeply in the firms’ operations, rather than simply seeking written responses and interviews. The CMA is accepting comments until the end of July, and in six months will decide whether to turn the study into an investigation. At the end of the study phase, the regulator can only make recommendations to lawmakers. An investigation would allow it to seek remedies to fix what it might deem an imbalanced situation. And Britain has clout. It’s likely Facebook and Google’s biggest market in Europe: the U.K. digital ads market is almost three times as big as France’s.There are already heavy hints about what remedies might entail. The CMA’s announcement at the start of this month went so far as to moot “the separation between certain activities in the digital advertising value chain.” That might be a more astute way to tackle Google and Facebook, than, for instance, making them hive off YouTube or WhatsApp respectively.If the CMA has the same difficulties that the Australian Competition & Consumer Commission had, then suggesting standardized measures to evaluate the cost and effectiveness of online ads would be a sensible first step. That would at least help us understand whether a deeper breakup of the firms’ advertising operations is necessary.\--With assistance from Elaine He.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Jennifer Ryan at jryan13@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • GlobeNewswire

    INVESTOR RIGHTS ALERT: Halper Sadeh LLP Continues Investigating Whether the Sale of These Companies is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – LTXB, CJ, BID, CZR

    The investigation concerns whether LegacyTexas and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of LegacyTexas to Prosperity Bancshares, Inc. Pursuant to the proposed transaction, LegacyTexas shareholders will receive 0.5280 shares of Prosperity common stock and $6.28 in cash for each share of LegacyTexas. If you are a LegacyTexas shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/legacytexas-financial-group-inc-ltxb-prosperity-bank-merger-stock/.

  • Reuters

    Sneakers give art a run for its money at first-of-a-kind Sotheby's auction

    Nike is hot on your heels. Sotheby's in New York announced on Thursday its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars. Sotheby's is teaming up with streetwear marketplace Stadium Goods to auction 100 pairs of the rarest sneakers ever produced, including a sample of one of the first Nike Inc running shoes with a pre-sale high estimate of $160,000.

  • Bob's Watches and Sotheby's Collaborate on Rare Driving Watch Auction
    Yahoo Finance Video

    Bob's Watches and Sotheby's Collaborate on Rare Driving Watch Auction

    It's classic car week at Monterey, leading up to Sunday's big show at Pebble Beach. But - it's not just classic cars that fans are flocking to see -- rare watches are in the spotlight as well. Inspired by a group of classic cars highlighting RM Sotheby’s auction, each of the 18 watches on offer in "Watches Online: The Driver’s Collection" were selected by Jonathan Burford, Sotheby’s Watches and Clocks Specialist in Los Angeles, along with partner Bob’s Watches, to pair with a car on offer in the auction. Jonathan Burford joined The Final Round to discuss.

  • James Bond Aston Martin DB5 now up for auction
    Yahoo Finance Video

    James Bond Aston Martin DB5 now up for auction

    It's considered one of the most famous cars in the world; the James Bond's Aston Martin DB5, that is. And it's up for auction and could sell for $6 million dollars. Barney Ruprecht who is RM Sotheby's Senior Car Specialist, joins 'On the Move' to discuss more.

  • Sotheby's celebrates 50th anniversary of Apollo 11 with memorabilia auction
    Yahoo Finance Video

    Sotheby's celebrates 50th anniversary of Apollo 11 with memorabilia auction

    Sotheby's is auctioning off memorabilia from Apollo 11 on the 50th anniversary of the historic moon landing, including three reels of video tape of the event expected to go for as much as $2 million. Vice President and Senior Specialist at Sotheby’s Cassandra Hatton joins Yahoo Finance's Zack Guzman and Sibile Marcellus, along with Thornton McEnery, Dealbreaker Executive Editor, to discuss.