Blucora Inc. (NASDAQ:BCOR)’s share price shot up 3.2% during mid-day trading on Friday . The company traded as high as $10.90 and last traded at $10.79, with a volume of 142,026 shares. The stock had previously closed at $10.46.

Separately, Zacks Investment Research downgraded Blucora from a “buy” rating to a “hold” rating in a research report on Monday, August 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $11.10.

The firm’s 50-day moving average is $11.17 and its 200-day moving average is $8.46. The stock’s market cap is $445.05 million.

Blucora (NASDAQ:BCOR) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.03. The company earned $120.10 million during the quarter, compared to analyst estimates of $123.62 million. During the same quarter last year, the firm earned $0.48 EPS. The business’s revenue was up 288.7% on a year-over-year basis. Analysts expect that Blucora Inc. will post $0.90 EPS for the current year.

In other Blucora news, insider Joann Kintzel sold 3,538 shares of the business’s stock in a transaction that occurred on Tuesday, July 5th. The stock was sold at an average price of $10.54, for a total transaction of $37,290.52. Following 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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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