Blucora Inc (BCOR) CMO Mathieu Frederic Stevenson Sells 33,572 Shares

Blucora Inc (NASDAQ:BCOR) CMO Mathieu Frederic Stevenson sold 33,572 shares of Blucora stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $24.03, for a total transaction of $806,735.16. Following the completion of the transaction, the chief marketing officer now directly owns 58,882 shares in the company, valued at $1,414,934.46. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Blucora Inc (NASDAQ:BCOR) opened at $24.65 on Friday. The company has a market cap of $1,135.97, a price-to-earnings ratio of 42.50, a PEG ratio of 0.74 and a beta of -0.17. Blucora Inc has a 1-year low of $15.30 and a 1-year high of $26.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.92 and a quick ratio of 2.23.

Blucora (NASDAQ:BCOR) last announced its earnings results on Thursday, February 15th. The information services provider reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.13. The business had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $91.99 million. Blucora had a net margin of 5.31% and a return on equity of 11.22%. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.18) EPS. analysts predict that Blucora Inc will post 1.65 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on the stock. TheStreet raised shares of Blucora from a “c” rating to a “b” rating in a report on Thursday, February 15th. Benchmark reaffirmed a “buy” rating and issued a $32.00 target price on shares of Blucora in a report on Friday, February 16th. BidaskClub raised shares of Blucora from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. ValuEngine raised shares of Blucora from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Zacks Investment Research cut shares of Blucora from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $27.50.

A number of institutional investors and hedge funds have recently made changes to their positions in BCOR. Vanguard Group Inc. increased its stake in Blucora by 28.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,629,622 shares of the information services provider’s stock valued at $98,148,000 after buying an additional 1,013,363 shares during the period. Park West Asset Management LLC increased its stake in Blucora by 57.1% in the 4th quarter. Park West Asset Management LLC now owns 1,490,500 shares of the information services provider’s stock valued at $32,940,000 after buying an additional 541,900 shares during the period. First Trust Advisors LP increased its stake in Blucora by 28.4% in the 4th quarter. First Trust Advisors LP now owns 2,354,491 shares of the information services provider’s stock valued at $52,034,000 after buying an additional 520,957 shares during the period. Glenmede Trust Co. NA acquired a new position in Blucora in the 4th quarter valued at $8,486,000. Finally, BlackRock Inc. increased its stake in Blucora by 4.8% in the 4th quarter. BlackRock Inc. now owns 5,826,130 shares of the information services provider’s stock valued at $128,756,000 after buying an additional 268,791 shares during the period. 94.43% of the stock is currently owned by institutional investors.

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Blucora Company Profile

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

Insider Buying and Selling by Quarter for Blucora (NASDAQ:BCOR)

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