Insider Selling: Brett Hurt Sells 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 dated Monday, September 23rd. The stock was sold at an average price of $9.84, for a total transaction of $467,035.92. Following the transaction, the director now directly owns 4,488,387 shares in the company, valued at approximately $44,165,728. The sale was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on BV shares. 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 analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Bazaarvoice presently has an average rating of “Hold” and a consensus target price of $11.45.
Shares of Bazaarvoice (NYSE:BV) traded down 1.93% on Tuesday, hitting $9.64. 642,036 shares of the company’s stock traded hands. Bazaarvoice has a 1-year low of $6.37 and a 1-year high of $15.99. The stock has a 50-day moving average of $10. and a 200-day moving average of $8.79. The company’s market cap is $713.2 million.
Bazaarvoice (NYSE:BV) last issued its quarterly earnings data 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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