Bazaarvoice, Inc. (NASDAQ:BV) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday.

Other equities analysts have also issued reports about the company. B. Riley reaffirmed a “buy” rating and issued a $5.75 price objective on shares of Bazaarvoice in a research note on Monday, June 12th. BidaskClub lowered Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Northland Securities set a $7.00 target price on Bazaarvoice and gave the stock a “buy” rating in a research report on Monday. Finally, Zacks Investment Research lowered Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $6.05.

Shares of Bazaarvoice (BV) traded up 1.05% on Friday, reaching $4.80. 84,356 shares of the company traded hands. The company’s market capitalization is $373.72 million. Bazaarvoice has a one year low of $3.80 and a one year high of $6.14. The firm’s 50 day moving average is $4.69 and its 200 day moving average is $4.57.

Bazaarvoice (NASDAQ:BV) last released its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02). The company had revenue of $50.20 million for the quarter, compared to analysts’ expectations of $49.99 million. Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.01) earnings per share. Analysts expect that Bazaarvoice will post $0.06 earnings per share for the current fiscal year.

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Institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in Bazaarvoice by 1.2% in the second quarter. Goldman Sachs Group Inc. now owns 74,874 shares of the technology company’s stock valued at $371,000 after buying an additional 866 shares during the last quarter. Bank of America Corp DE boosted its position in Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after buying an additional 1,469 shares during the last quarter. Tudor Investment Corp ET AL boosted its position 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. Schwab Charles Investment Management Inc. boosted its position in Bazaarvoice by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock worth $1,667,000 after buying an additional 2,014 shares during the last quarter. Finally, American International Group Inc. boosted its position in Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock worth $217,000 after buying an additional 3,358 shares during the last quarter. Hedge funds and other institutional investors own 77.51% of the company’s stock.

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.

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