Insider Selling: Brett Hurt Unloads 47,463 Shares of Bazaarvoice Stock (BV)
Bazaarvoice (NYSE:BV) Director Brett Hurt sold 47,463 shares of Bazaarvoice stock on the open market in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $8.90, for a total transaction of $422,420.70. Following the completion of the sale, the director now directly owns 4,559,977 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on BV. Analysts at TheStreet downgraded shares of Bazaarvoice (NYSE:BV) from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, August 28th. Separately, analysts at B. Riley initiated coverage on shares of Bazaarvoice (NYSE:BV) in a research note to investors on Thursday, August 15th. They set a “buy” rating and a $15.25 price target on the stock.
One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Bazaarvoice presently has a consensus rating of “Hold” and a consensus price target of $11.45.
Bazaarvoice (NYSE:BV) traded up 0.66% on Friday, hitting $9.19. 302,901 shares of the company’s stock traded hands. Bazaarvoice has a 52-week low of $6.37 and a 52-week high of $15.99. The stock’s 50-day moving average is $10.54 and its 200-day moving average is $8.62. The company’s market cap is $679.9 million.
Bazaarvoice (NYSE:BV) last posted its quarterly earnings results on Wednesday, September 4th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.08) by $0.03. The company had revenue of $44.60 million for the quarter, compared to the consensus estimate of $44.12 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 25.3% on a year-over-year basis. Analysts expect that Bazaarvoice will post $-0.24 EPS for the current fiscal year.
Bazaarvoice, Inc (NYSE:BV) is provider of social commerce solutions that help its clients capture, display and analyze online word of mouth, including consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos and other content about its clients’ brands, products or services.
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