Bazaarvoice Inc (BV) Receives $5.63 Consensus PT from Brokerages

Shares of Bazaarvoice Inc (NASDAQ:BV) have been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $5.63.

A number of research analysts have commented on BV shares. Northland Securities cut shares of Bazaarvoice to a “hold” rating and set a $5.50 price target on the stock. in a research report on Tuesday, November 28th. Zacks Investment Research cut shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. BidaskClub cut shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. Needham & Company LLC cut shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, November 28th. Finally, B. Riley cut shares of Bazaarvoice from a “buy” rating to a “neutral” rating and reduced their price target for the company from $6.00 to $5.50 in a research report on Tuesday, November 28th.

In other news, insider Kelly Trammell sold 12,607 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $5.45, for a total transaction of $68,708.15. Following the completion of the sale, the insider now owns 126,290 shares of the company’s stock, valued at $688,280.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 5.64% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Fox Run Management L.L.C. purchased a new stake in Bazaarvoice in the fourth quarter worth $101,000. SG Americas Securities LLC lifted its stake in Bazaarvoice by 109.1% in the third quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock worth $104,000 after acquiring an additional 10,967 shares during the period. Cubist Systematic Strategies LLC lifted its stake in Bazaarvoice by 50.3% in the second quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock worth $110,000 after acquiring an additional 7,430 shares during the period. MetLife Investment Advisors LLC purchased a new stake in Bazaarvoice in the fourth quarter worth $127,000. Finally, Koch Industries Inc. purchased a new stake in Bazaarvoice in the fourth quarter worth $128,000. 78.35% of the stock is owned by hedge funds and other institutional investors.

Bazaarvoice (NASDAQ:BV) remained flat at $$5.50 during mid-day trading on Friday. The company had a trading volume of 1,117,600 shares, compared to its average volume of 1,187,105. The company has a market capitalization of $473.36, a P/E ratio of -50.00 and a beta of 0.62. Bazaarvoice has a one year low of $3.80 and a one year high of $5.50.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The company had revenue of $53.40 million for the quarter, compared to analysts’ expectations of $50.83 million. Bazaarvoice had a negative net margin of 4.40% and a negative return on equity of 4.42%. Bazaarvoice’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.02 earnings per share. analysts expect that Bazaarvoice will post -0.08 EPS for the current fiscal year.

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About Bazaarvoice

Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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