Somewhat Favorable Press Coverage Somewhat Unlikely to Impact BLUCORA INC Common Stock (BCOR) Share Price
Headlines about BLUCORA INC Common Stock (NASDAQ:BCOR) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BLUCORA INC Common Stock earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 47.3870335710486 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
BCOR has been the topic of several analyst reports. BidaskClub lowered BLUCORA INC Common Stock from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 30th. Craig Hallum set a $47.00 target price on BLUCORA INC Common Stock and gave the stock a “buy” rating in a report on Thursday, June 7th. Zacks Investment Research upgraded BLUCORA INC Common Stock from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Tuesday, May 22nd. Sidoti downgraded BLUCORA INC Common Stock from a “buy” rating to a “neutral” rating in a research report on Friday, June 8th. Finally, JPMorgan Chase & Co. assumed coverage on BLUCORA INC Common Stock in a research report on Thursday, July 12th. They set a “neutral” rating and a $42.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $37.71.
NASDAQ BCOR traded down $0.30 during trading on Friday, reaching $34.85. 185,917 shares of the company’s stock were exchanged, compared to its average volume of 261,619. The company has a market cap of $1.67 billion, a PE ratio of 28.57, a price-to-earnings-growth ratio of 1.25 and a beta of -0.15. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 0.41. BLUCORA INC Common Stock has a fifty-two week low of $19.05 and a fifty-two week high of $40.60.
In other news, insider John S. Clendening sold 79,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 17th. The stock was sold at an average price of $37.66, for a total value of $2,975,140.00. Following the transaction, the insider now owns 672,564 shares of the company’s stock, valued at $25,328,760.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John David Palmer sold 3,753 shares of the company’s stock in a transaction that occurred on Thursday, August 23rd. The shares were sold at an average price of $36.00, for a total value of $135,108.00. Following the completion of the transaction, the insider now directly owns 8,375 shares in the company, valued at approximately $301,500. The disclosure for this sale can be found here. In the last three months, insiders have sold 91,128 shares of company stock worth $3,400,731. Company insiders own 2.91% of the company’s stock.
About BLUCORA INC Common Stock
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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