Shares of Blucora Inc. (NASDAQ:BCOR) were down 1.3% during mid-day trading on Thursday . The company traded as low as $10.81 and last traded at $10.84, with a volume of 263,245 shares trading hands. The stock had previously closed at $10.98.

A number of analysts recently issued reports on BCOR shares. Zacks Investment Research raised Blucora from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Friday, July 29th. Benchmark Co. lifted their price objective on Blucora from $13.00 to $14.50 and gave the company a “buy” rating in a research report on Thursday, April 28th. Barrington Research raised Blucora from a “market perform” rating to an “outperform” rating and set a $10.00 price objective for the company in a research report on Monday, May 2nd. Finally, Craig Hallum raised Blucora from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Friday, April 29th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $11.10.

The stock’s 50-day moving average is $11.39 and its 200 day moving average is $8.25. The stock’s market cap is $450.86 million.

Blucora (NASDAQ:BCOR) last released its earnings results on Thursday, July 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. The firm had revenue of $120.10 million for the quarter, compared to the consensus estimate of $123.62 million. Blucora’s revenue for the quarter was up 288.7% on a year-over-year basis. During the same quarter last year, the company posted $0.48 EPS. Equities research analysts anticipate that Blucora Inc. will post $0.90 EPS for the current fiscal year.

In other Blucora news, insider Joann Kintzel sold 3,538 shares of the stock in a transaction dated Tuesday, July 5th. The stock was sold at an average price of $10.54, for a total transaction of $37,290.52. Following the completion of the transaction, the insider now owns 99,932 shares in the company, valued at approximately $1,053,283.28. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

An institutional investor recently raised its position in Blucora stock. Cornerstone Capital Management Holdings LLC. boosted its position in Blucora Inc. (NASDAQ:BCOR) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 268,500 shares of the company’s stock after buying an additional 48,200 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.66% of Blucora worth $2,632,000 as of its most recent filing with the SEC.

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through two segments: the Wealth Management, which consists of the HD Vest, Inc (HD Vest) business, and the Tax Preparation, which consists of the TaxAct, Inc (TaxAct) business.

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