Insider Selling: Bazaarvoice Inc (BV) Insider Sells 12,607 Shares of Stock

Bazaarvoice Inc (NASDAQ:BV) insider Kelly Trammell sold 12,607 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $5.45, for a total transaction of $68,708.15. Following the transaction, the insider now owns 126,290 shares in the company, valued at approximately $688,280.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bazaarvoice Inc (NASDAQ BV) opened at $5.50 on Friday. Bazaarvoice Inc has a fifty-two week low of $3.80 and a fifty-two week high of $5.50.

Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $53.40 million during 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%. Bazaarvoice’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the company earned $0.02 earnings per share. equities analysts forecast that Bazaarvoice Inc will post -0.08 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of Bazaarvoice by 1.2% during the second quarter. Goldman Sachs Group Inc. now owns 74,874 shares of the technology company’s stock worth $371,000 after purchasing an additional 866 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Bazaarvoice by 3.2% during the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after purchasing an additional 1,469 shares during the last quarter. Tudor Investment Corp ET AL lifted its position in shares of Bazaarvoice by 6.6% during the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after purchasing an additional 1,516 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Bazaarvoice by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock worth $1,667,000 after purchasing an additional 2,014 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Bazaarvoice by 5.8% during the second quarter. The Manufacturers Life Insurance Company now owns 69,770 shares of the technology company’s stock worth $346,000 after purchasing an additional 3,835 shares during the last quarter. Institutional investors and hedge funds own 77.33% of the company’s stock.

BV has been the topic of several recent research reports. Credit Suisse Group cut shares of Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 price objective on the stock. in a research note on Tuesday, November 28th. Zacks Investment Research upgraded shares of Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective on the stock in a research note on Monday, December 4th. ValuEngine cut shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Saturday. B. Riley lowered shares of Bazaarvoice from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $6.00 to $5.50 in a report on Tuesday, November 28th. Finally, Needham & Company LLC lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $5.96.

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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.

Insider Buying and Selling by Quarter for Bazaarvoice (NASDAQ:BV)

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