Blucora Inc (NASDAQ:BCOR) CEO Robert D. Oros sold 6,075 shares of Blucora stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $30.31, for a total transaction of $184,133.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of NASDAQ BCOR opened at $30.42 on Friday. Blucora Inc has a twelve month low of $19.05 and a twelve month high of $41.35. The company has a market capitalization of $1.51 billion, a P/E ratio of 24.93, a PEG ratio of 1.10 and a beta of 0.26. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.42.

Blucora (NASDAQ:BCOR) last announced its quarterly earnings data on Wednesday, October 31st. The information services provider reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.10. Blucora had a net margin of 13.71% and a return on equity of 14.56%. The company had revenue of $95.40 million during the quarter, compared to analyst estimates of $94.36 million. During the same period in the previous year, the business earned ($0.12) EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Sell-side analysts expect that Blucora Inc will post 1.63 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in BCOR. Millennium Management LLC purchased a new position in Blucora in the 1st quarter worth approximately $403,000. Legal & General Group Plc raised its holdings in Blucora by 2.9% in the 1st quarter. Legal & General Group Plc now owns 97,001 shares of the information services provider’s stock worth $2,369,000 after acquiring an additional 2,761 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Blucora by 3.1% in the 1st quarter. Principal Financial Group Inc. now owns 431,545 shares of the information services provider’s stock worth $10,616,000 after acquiring an additional 13,123 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in Blucora by 4.5% in the 1st quarter. Allianz Asset Management GmbH now owns 796,650 shares of the information services provider’s stock worth $19,598,000 after acquiring an additional 34,536 shares during the last quarter. Finally, Xact Kapitalforvaltning AB purchased a new position in Blucora in the 2nd quarter worth approximately $278,000. Institutional investors own 94.94% of the company’s stock.

Several equities analysts have recently issued reports on BCOR shares. Zacks Investment Research upgraded shares of Blucora from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Tuesday. BidaskClub lowered shares of Blucora from a “hold” rating to a “sell” rating in a report on Friday, September 7th. JPMorgan Chase & Co. upgraded shares of Blucora from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $42.00 to $45.00 in a report on Friday, September 28th. ValuEngine lowered shares of Blucora from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 1st. Finally, Barrington Research reiterated a “buy” rating and set a $40.00 target price on shares of Blucora in a report on Monday, October 22nd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $37.54.

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Blucora Company Profile

Blucora, Inc provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

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

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