Blucora (NASDAQ:BCOR) shares reached a new 52-week high and low during trading on Thursday . The stock traded as low as $27.10 and last traded at $27.00, with a volume of 113774 shares traded. The stock had previously closed at $26.80.

Several research firms recently commented on BCOR. Barrington Research reiterated a “buy” rating on shares of Blucora in a research report on Tuesday, April 3rd. ValuEngine raised shares of Blucora from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 2nd. BidaskClub raised shares of Blucora from a “hold” rating to a “buy” rating in a research note on Thursday, March 29th. William Blair began coverage on shares of Blucora in a research note on Tuesday, March 20th. They issued an “outperform” rating and a $16.23 price objective for the company. Finally, Zacks Investment Research downgraded shares of Blucora from a “hold” rating to a “sell” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $25.31.

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market capitalization of $1,266.68, a PE ratio of 21.93, a PEG ratio of 0.91 and a beta of -0.12.

Blucora (NASDAQ:BCOR) last announced its quarterly earnings data on Thursday, February 15th. The information services provider reported ($0.12) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.13. The business had revenue of $97.85 million during the quarter, compared to the consensus estimate of $91.99 million. Blucora had a net margin of 5.31% and a return on equity of 11.22%. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.18) earnings per share. equities analysts anticipate that Blucora will post 1.48 earnings per share for the current fiscal year.

In other news, insider John S. Clendening sold 28,800 shares of Blucora stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $24.85, for a total transaction of $715,680.00. Following the completion of the sale, the insider now owns 645,548 shares of the company’s stock, valued at $16,041,867.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Mathieu Frederic Stevenson sold 33,572 shares of Blucora stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $24.03, for a total transaction of $806,735.16. Following the sale, the chief marketing officer now directly owns 58,882 shares of the company’s stock, valued at approximately $1,414,934.46. The disclosure for this sale can be found here. In the last three months, insiders sold 210,789 shares of company stock valued at $5,213,266. 14.10% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its stake in shares of Blucora by 12.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 625,603 shares of the information services provider’s stock valued at $13,826,000 after acquiring an additional 69,344 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Blucora by 3.3% during the third quarter. Ameriprise Financial Inc. now owns 347,372 shares of the information services provider’s stock valued at $8,789,000 after acquiring an additional 11,251 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Blucora by 9.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 265,238 shares of the information services provider’s stock valued at $6,711,000 after acquiring an additional 22,443 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Blucora by 29.5% during the third quarter. Wells Fargo & Company MN now owns 237,450 shares of the information services provider’s stock valued at $6,007,000 after acquiring an additional 54,021 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Blucora by 18.8% during the third quarter. Legal & General Group Plc now owns 85,656 shares of the information services provider’s stock valued at $2,167,000 after acquiring an additional 13,547 shares in the last quarter. 96.80% of the stock is owned by hedge funds and other institutional investors.

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About Blucora

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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