Fondren Management LP raised its position in Bazaarvoice Inc (NASDAQ:BV) by 30.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,000 shares of the technology company’s stock after purchasing an additional 30,000 shares during the quarter. Fondren Management LP owned about 0.15% of Bazaarvoice worth $709,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in shares of Bazaarvoice by 22.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock worth $9,006,000 after acquiring an additional 339,536 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Bazaarvoice by 12.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,239,036 shares of the technology company’s stock worth $6,132,000 after acquiring an additional 138,541 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of Bazaarvoice in the 3rd quarter worth approximately $441,000. Highbridge Capital Management LLC lifted its holdings in shares of Bazaarvoice by 126.1% in the 3rd quarter. Highbridge Capital Management LLC now owns 87,133 shares of the technology company’s stock worth $431,000 after acquiring an additional 48,590 shares during the last quarter. Finally, Dupont Capital Management Corp acquired a new position in shares of Bazaarvoice in the 4th quarter worth approximately $746,000. Institutional investors own 78.35% of the company’s stock.
BV has been the topic of several recent research reports. Zacks Investment Research downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. BidaskClub downgraded shares of Bazaarvoice from a “sell” rating to a “strong sell” rating in a research note on Friday, January 26th. ValuEngine downgraded shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. Northland Securities downgraded shares of Bazaarvoice to a “hold” rating and set a $5.50 target price on the stock. in a research note on Tuesday, November 28th. Finally, Needham & Company LLC downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $5.96.
Bazaarvoice Inc (NASDAQ BV) opened at $5.50 on Wednesday. The company has a market cap of $473.36, a price-to-earnings ratio of -50.00 and a beta of 0.62. Bazaarvoice Inc has a 52-week low of $3.80 and a 52-week high of $5.50.
In related news, insider Kelly Trammell sold 12,607 shares of the stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $5.45, for a total value of $68,708.15. Following the transaction, the insider now directly owns 126,290 shares of the company’s stock, valued at approximately $688,280.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.64% of the company’s stock.
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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.
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