ValuEngine downgraded shares of Bazaarvoice (NASDAQ:BV) from a hold rating to a sell rating in a research report released on Saturday morning.

A number of other equities research analysts have also recently commented on the company. Zacks Investment Research upgraded Bazaarvoice from a hold rating to a strong-buy rating and set a $6.25 target price on the stock in a research report on Monday, December 4th. Northland Securities cut Bazaarvoice to a hold rating and set a $5.50 target price on the stock. in a research report on Tuesday, November 28th. BidaskClub cut Bazaarvoice from a hold rating to a sell rating in a research report on Wednesday, November 1st. Needham & Company LLC cut Bazaarvoice from a buy rating to a hold rating in a research report on Tuesday, November 28th. Finally, Credit Suisse Group cut Bazaarvoice from an outperform rating to a neutral rating and set a $5.50 target price on the stock. in a research report on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Bazaarvoice currently has an average rating of Hold and an average target price of $5.96.

Bazaarvoice (NASDAQ BV) opened at $5.50 on Friday. The firm has a market capitalization of $474.10, a PE ratio of -50.00 and a beta of 0.62. Bazaarvoice has a 52 week low of $3.80 and a 52 week high of $5.50.

Bazaarvoice (NASDAQ:BV) last released its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.04. The business had revenue of $53.40 million during the quarter, compared to analyst estimates of $50.83 million. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $0.02 EPS. analysts expect that Bazaarvoice will post -0.08 earnings per share for the current year.

In other news, insider Kelly Trammell sold 12,607 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $5.45, for a total transaction of $68,708.15. Following the sale, the insider now directly owns 126,290 shares in the company, valued at approximately $688,280.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.64% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC boosted its holdings in Bazaarvoice by 109.1% in the 3rd quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock worth $104,000 after buying an additional 10,967 shares during the last quarter. Cubist Systematic Strategies LLC boosted its holdings in Bazaarvoice by 50.3% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock worth $110,000 after buying an additional 7,430 shares during the last quarter. Jane Street Group LLC boosted its holdings in Bazaarvoice by 111.8% in the 3rd quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock worth $121,000 after buying an additional 12,913 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings in Bazaarvoice by 6.6% in the 2nd 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. Finally, Voya Investment Management LLC boosted its holdings in Bazaarvoice by 20.3% in the 2nd quarter. Voya Investment Management LLC now owns 40,424 shares of the technology company’s stock worth $200,000 after buying an additional 6,819 shares during the last quarter. Institutional investors own 77.33% of the company’s stock.

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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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