Bazaarvoice (BV) Downgraded by ValuEngine

Bazaarvoice (NASDAQ:BV) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, January 13th.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 target price on the stock in a research note on Monday, December 4th. BidaskClub downgraded shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Credit Suisse Group downgraded shares of Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 target price on the stock. in a research note on Tuesday, November 28th. B. Riley downgraded shares of Bazaarvoice from a “buy” rating to a “neutral” rating and cut their target price for the company from $6.00 to $5.50 in a research note on Tuesday, November 28th. Finally, 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. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Bazaarvoice currently has a consensus rating of “Hold” and a consensus price target of $5.96.

Bazaarvoice (NASDAQ BV) traded up $0.03 during trading hours on Friday, reaching $5.50. 1,404,068 shares of the company’s stock were exchanged, compared to its average volume of 763,140. The stock has a market capitalization of $474.10, a P/E ratio of -50.00 and a beta of 0.62. Bazaarvoice has a 12 month low of $3.80 and a 12 month high of $5.50.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 net margin of 4.40% and a negative return on equity of 4.42%. Bazaarvoice’s revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 earnings per share. analysts forecast that Bazaarvoice will post -0.08 EPS for the current year.

In related news, insider Kelly Trammell sold 12,607 shares of the firm’s stock in a transaction on Friday, December 22nd. The shares were 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 directly owns 126,290 shares of the company’s stock, valued at approximately $688,280.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 5.64% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BV. Fox Run Management L.L.C. acquired a new stake in Bazaarvoice during the 4th quarter valued at $101,000. SG Americas Securities LLC grew its holdings in Bazaarvoice by 109.1% during the 3rd 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 in the last quarter. Cubist Systematic Strategies LLC grew its holdings in Bazaarvoice by 50.3% during the 2nd 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 in the last quarter. Jane Street Group LLC grew its holdings in Bazaarvoice by 111.8% during the 3rd quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock worth $121,000 after acquiring an additional 12,913 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its holdings in Bazaarvoice by 6.6% during the 2nd quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after acquiring an additional 1,516 shares in the last quarter. 77.33% of the stock is owned by institutional investors and hedge funds.

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Bazaarvoice Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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