Bazaarvoice (BV) Downgraded by ValuEngine to Sell

ValuEngine cut shares of Bazaarvoice (NASDAQ:BV) from a hold rating to a sell rating in a report released on Saturday morning.

BV has been the topic of a number of other research reports. Zacks Investment Research upgraded Bazaarvoice from a hold rating to a strong-buy rating and set a $6.25 target price on the stock in a report on Monday, December 4th. Northland Securities downgraded Bazaarvoice to a hold rating and set a $5.50 target price on the stock. in a report on Tuesday, November 28th. BidaskClub downgraded Bazaarvoice from a hold rating to a sell rating in a report on Wednesday, November 1st. Needham & Company LLC downgraded Bazaarvoice from a buy rating to a hold rating in a report on Tuesday, November 28th. Finally, Credit Suisse Group downgraded Bazaarvoice from an outperform rating to a neutral rating and set a $5.50 target price on the stock. in a report on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Bazaarvoice presently has an average rating of Hold and an average target price of $5.96.

Bazaarvoice (NASDAQ:BV) remained flat at $$5.50 during mid-day trading on Friday. 1,200,000 shares of the stock were exchanged, compared to its average volume of 919,032. Bazaarvoice has a 12-month low of $3.80 and a 12-month high of $5.50.

Bazaarvoice (NASDAQ:BV) last issued its earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $53.40 million for the quarter, compared to the consensus estimate of $50.83 million. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.02 EPS. sell-side analysts predict that Bazaarvoice will post -0.08 EPS for the current fiscal year.

In related 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 value of $68,708.15. Following the transaction, the insider now owns 126,290 shares in the company, valued at $688,280.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.64% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in BV. SG Americas Securities LLC increased its holdings 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 buying an additional 10,967 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings 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 buying an additional 7,430 shares during the last quarter. Jane Street Group LLC increased its holdings in Bazaarvoice by 111.8% in the third quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock worth $121,000 after buying an additional 12,913 shares during the last quarter. Tudor Investment Corp ET AL increased its holdings in Bazaarvoice by 6.6% in the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after buying an additional 1,516 shares during the last quarter. Finally, Voya Investment Management LLC increased its holdings in Bazaarvoice by 20.3% in the second quarter. Voya Investment Management LLC now owns 40,424 shares of the technology company’s stock worth $200,000 after buying an additional 6,819 shares during the last quarter. Hedge funds and other institutional investors own 77.33% of the company’s stock.

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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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