Insider Selling: Brett Hurt Unloads 47,463 Shares of Bazaarvoice Stock (BV)
Bazaarvoice (NYSE:BV) Director Brett Hurt sold 47,463 shares of the company’s stock on the open market in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $10.31, for a total value of $489,343.53. Following the completion of the sale, the director now directly owns 4,381,002 shares in the company, valued at approximately $45,168,131. The transaction was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on BV shares. Analysts at Zacks upgraded shares of Bazaarvoice from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, October 10th. They now have a $11.60 price target on the stock. Separately, analysts at TheStreet downgraded shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, August 28th. Finally, analysts at B. Riley initiated coverage on shares of Bazaarvoice 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 equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. Bazaarvoice presently has a consensus rating of “Hold” and a consensus target price of $11.48.
Shares of Bazaarvoice (NYSE:BV) traded up 2.34% on Wednesday, hitting $10.1212. 163,499 shares of the company’s stock traded hands. Bazaarvoice has a one year low of $6.37 and a one year high of $14.87. The stock has a 50-day moving average of $9.79 and a 200-day moving average of $9.04. The company’s market cap is $748.8 million.
Bazaarvoice (NYSE:BV) last released its earnings data on Wednesday, September 4th. The company reported ($0.05) earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that Bazaarvoice will post $-0.24 earnings per share 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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