Bazaarvoice (NASDAQ:BV) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Saturday.

A number of other brokerages have also weighed in on BV. Credit Suisse Group lowered Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 target price on the stock. in a research note on Tuesday, November 28th. 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 note on Monday, December 4th. B. Riley lowered Bazaarvoice from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $6.00 to $5.50 in a research note on Tuesday, November 28th. Needham & Company LLC lowered Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Finally, BidaskClub raised Bazaarvoice from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $5.96.

Shares of Bazaarvoice (BV) opened at $5.50 on Friday. The stock has a market capitalization of $474.10, a P/E 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 (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. The firm had revenue of $53.40 million for 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 business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.02 earnings per share. equities analysts forecast that Bazaarvoice will post -0.08 earnings per share for the current fiscal year.

In other Bazaarvoice news, insider Kelly Trammell sold 12,607 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $5.45, for a total value of $68,708.15. Following the sale, the insider now owns 126,290 shares of the company’s stock, valued at approximately $688,280.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 5.64% of the company’s stock.

Hedge funds have recently modified their holdings of the business. SG Americas Securities LLC boosted its holdings in shares of Bazaarvoice by 109.1% during the 3rd quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock valued at $104,000 after acquiring an additional 10,967 shares in the last quarter. Cubist Systematic Strategies LLC boosted its holdings in shares of Bazaarvoice by 50.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock valued at $110,000 after acquiring an additional 7,430 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Bazaarvoice by 111.8% during the 3rd quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock valued at $121,000 after acquiring an additional 12,913 shares in the last quarter. Tudor Investment Corp ET AL boosted its holdings in shares of Bazaarvoice by 6.6% during the 2nd quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock valued at $122,000 after acquiring an additional 1,516 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in shares of Bazaarvoice by 20.3% during the 2nd quarter. Voya Investment Management LLC now owns 40,424 shares of the technology company’s stock valued at $200,000 after acquiring an additional 6,819 shares in the last quarter. 77.33% of the stock is currently owned by hedge funds and other institutional investors.

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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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