Bigcommerce Holdings, Inc. $BIGC Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC decreased its stake in shares of Bigcommerce Holdings, Inc. (NASDAQ:BIGC) by 34.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 249,517 shares of the company’s stock after selling 128,682 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Bigcommerce were worth $1,245,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. CenterBook Partners LP lifted its stake in shares of Bigcommerce by 82.2% during the second quarter. CenterBook Partners LP now owns 1,288,808 shares of the company’s stock worth $6,444,000 after buying an additional 581,548 shares during the period. Acadian Asset Management LLC raised its stake in Bigcommerce by 82.6% in the 2nd quarter. Acadian Asset Management LLC now owns 1,260,708 shares of the company’s stock worth $6,299,000 after acquiring an additional 570,160 shares during the last quarter. Marshall Wace LLP lifted its position in Bigcommerce by 25.7% during the 2nd quarter. Marshall Wace LLP now owns 2,035,956 shares of the company’s stock worth $10,180,000 after acquiring an additional 416,298 shares during the period. Qube Research & Technologies Ltd lifted its position in Bigcommerce by 167.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 587,883 shares of the company’s stock worth $2,939,000 after acquiring an additional 368,359 shares during the period. Finally, Legal & General Group Plc grew its stake in Bigcommerce by 490.4% during the 2nd quarter. Legal & General Group Plc now owns 395,759 shares of the company’s stock valued at $1,979,000 after purchasing an additional 328,725 shares during the last quarter. Hedge funds and other institutional investors own 79.21% of the company’s stock.

Bigcommerce Price Performance

Shares of BIGC stock opened at $4.19 on Friday. The firm has a market capitalization of $335.61 million, a price-to-earnings ratio of -19.05 and a beta of 1.15. The business has a fifty day moving average price of $4.61.

Bigcommerce Profile

BigCommerce Holdings, Inc (NASDAQ: BIGC) is a software-as-a-service (SaaS) company that provides a cloud-based e-commerce platform designed to help merchants create, manage and scale online stores. Its platform offers a suite of tools including storefront design and customization, shopping cart functionality, payment gateway integrations, order management, shipping and tax solutions, and security features. The open architecture of its API-driven platform enables businesses to connect with a wide range of third-party applications, marketplaces and digital channels.

The company was founded in 2009 by Eddie Machaalani and Mitchell Harper and is headquartered in Austin, Texas, with additional offices in San Francisco and Sydney.