TIAA CREF Investment Management LLC lowered its stake in Bazaarvoice, Inc. (NASDAQ:BV) by 10.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 418,501 shares of the technology company’s stock after selling 50,297 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.54% of Bazaarvoice worth $2,072,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock valued at $203,000 after buying an additional 1,469 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Bazaarvoice by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock valued at $1,667,000 after buying an additional 2,014 shares in the last quarter. American International Group Inc. lifted its stake in Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock valued at $217,000 after buying an additional 3,358 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Bazaarvoice by 1.2% in the second quarter. Bank of New York Mellon Corp now owns 358,680 shares of the technology company’s stock valued at $1,776,000 after buying an additional 4,310 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in Bazaarvoice by 5.7% in the second quarter. Rhumbline Advisers now owns 95,972 shares of the technology company’s stock valued at $475,000 after buying an additional 5,160 shares in the last quarter. 75.07% of the stock is currently owned by hedge funds and other institutional investors.

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BV has been the topic of a number of research reports. Credit Suisse Group lifted their price target on shares of Bazaarvoice from $6.00 to $7.00 and gave the company an “outperform” rating in a research note 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 Saturday, July 22nd. BidaskClub lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Thursday, September 14th. Finally, ValuEngine lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $6.46.

Shares of Bazaarvoice, Inc. (BV) opened at 4.825 on Wednesday. Bazaarvoice, Inc. has a 12 month low of $3.80 and a 12 month high of $5.40. The stock has a 50 day moving average of $4.91 and a 200-day moving average of $4.75. The company’s market cap is $408.50 million.

Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. Bazaarvoice had a negative return on equity of 6.88% and a negative net margin of 6.47%. The firm had revenue of $52.20 million during the quarter, compared to the consensus estimate of $49.83 million. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, analysts forecast that Bazaarvoice, Inc. will post $0.08 EPS for the current year.

Bazaarvoice 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.

Institutional Ownership by Quarter for Bazaarvoice (NASDAQ:BV)

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