BidaskClub upgraded shares of Bazaarvoice, Inc. (NASDAQ:BV) from a sell rating to a hold rating in a report released on Wednesday morning.

Several other research firms have also recently weighed in on BV. ValuEngine cut Bazaarvoice from a hold rating to a sell rating in a research report on Friday, September 1st. Zacks Investment Research cut Bazaarvoice from a buy rating to a hold rating in a research report on Tuesday, August 8th. Northland Securities set a $7.00 price objective on Bazaarvoice and gave the stock a buy rating in a research report on Saturday, July 22nd. Finally, B. Riley reaffirmed a buy rating and set a $5.75 price objective on shares of Bazaarvoice in a research report on Tuesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Bazaarvoice has a consensus rating of Buy and an average price target of $6.21.

Shares of Bazaarvoice (NASDAQ:BV) opened at 4.95 on Wednesday. The firm’s 50-day moving average price is $4.67 and its 200-day moving average price is $4.58. Bazaarvoice has a 12 month low of $3.80 and a 12 month high of $6.14. The firm’s market capitalization is $385.40 million.

Bazaarvoice (NASDAQ:BV) last posted its earnings results on Thursday, September 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Bazaarvoice had a negative return on equity of 6.92% and a negative net margin of 6.47%. The firm had revenue of $52.20 million during the quarter, compared to analysts’ expectations of $49.83 million. The firm’s revenue was up 4.2% on a year-over-year basis. On average, equities analysts anticipate that Bazaarvoice will post $0.06 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. RGM Capital LLC boosted its position in Bazaarvoice by 10.7% during the first quarter. RGM Capital LLC now owns 7,622,761 shares of the technology company’s stock valued at $32,778,000 after purchasing an additional 737,665 shares during the last quarter. Vanguard Group Inc. boosted its position in Bazaarvoice by 7.8% during the second quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock valued at $32,432,000 after purchasing an additional 471,644 shares during the last quarter. Renaissance Technologies LLC boosted its position in Bazaarvoice by 8.8% during the second quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock valued at $16,405,000 after purchasing an additional 267,500 shares during the last quarter. Boston Partners boosted its position in Bazaarvoice by 19.7% during the first quarter. Boston Partners now owns 2,190,636 shares of the technology company’s stock valued at $9,420,000 after purchasing an additional 361,017 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Bazaarvoice by 22.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock valued at $9,006,000 after purchasing an additional 339,536 shares during the last quarter. 77.67% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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