OxFORD Asset Management LLP Acquires 262,459 Shares of Bazaarvoice, Inc. (BV)
OxFORD Asset Management LLP grew its holdings in shares of Bazaarvoice, Inc. (NASDAQ:BV) by 72.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 623,859 shares of the technology company’s stock after purchasing an additional 262,459 shares during the quarter. OxFORD Asset Management LLP owned approximately 0.80% of Bazaarvoice worth $3,088,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. RGM Capital LLC increased its holdings in shares of Bazaarvoice by 10.7% in 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. lifted 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 worth $32,432,000 after buying an additional 471,644 shares in the last quarter. Renaissance Technologies LLC lifted 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 worth $16,405,000 after buying an additional 267,500 shares in the last quarter. Dimensional Fund Advisors LP lifted 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 worth $9,006,000 after buying an additional 339,536 shares in the last quarter. Finally, Soros Fund Management LLC lifted its position in Bazaarvoice by 135.8% during the first quarter. Soros Fund Management LLC now owns 1,666,666 shares of the technology company’s stock worth $7,167,000 after buying an additional 960,000 shares in the last quarter. 75.67% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have commented on the stock. B. Riley reaffirmed a “buy” rating and set a $6.00 target price on shares of Bazaarvoice in a research note on Sunday, September 10th. Needham & Company LLC reiterated a “buy” rating and issued a $7.00 target price on shares of Bazaarvoice in a report on Friday, September 8th. Northland Securities set a $7.00 price target on shares of Bazaarvoice and gave the company a “buy” rating in a research note on Monday, August 28th. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a research note on Thursday, September 14th. Finally, BidaskClub downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Friday, July 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $6.46.
Bazaarvoice, Inc. (BV) opened at 5.00 on Tuesday. The stock’s market capitalization is $423.32 million. The stock’s 50 day moving average price is $4.78 and its 200-day moving average price is $4.65. Bazaarvoice, Inc. has a 12-month low of $3.80 and a 12-month high of $6.14.
Bazaarvoice (NASDAQ:BV) last announced its earnings results on Thursday, September 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.04. Bazaarvoice had a negative net margin of 6.47% and a negative return on equity of 6.88%. The firm had revenue of $52.20 million for the quarter, compared to analyst estimates of $49.83 million. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. Analysts expect that Bazaarvoice, Inc. will post $0.08 earnings per share for the current year.
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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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