Insider Selling: Bazaarvoice Director Sells 39,553 Shares of Stock (BV)
Bazaarvoice (NYSE:BV) Director Brett A. Hurt unloaded 39,553 shares of Bazaarvoice stock on the open market in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $7.15, for a total transaction of $282,803.95. Following the sale, the director now directly owns 3,963,395 shares in the company, valued at approximately $28,338,274. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Bazaarvoice (NYSE:BV) traded up 1.96% during mid-day trading on Wednesday, hitting $7.81. 740,063 shares of the company’s stock traded hands. Bazaarvoice has a 52 week low of $6.37 and a 52 week high of $11.50. The stock has a 50-day moving average of $7.62 and a 200-day moving average of $9.34. The company’s market cap is $586.4 million.
Bazaarvoice (NYSE:BV) last posted its quarterly earnings results on Wednesday, November 20th. The company reported ($0.06) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.01. The company had revenue of $45.50 million for the quarter, compared to the consensus estimate of $44.95 million. During the same quarter last year, the company posted ($0.07) earnings per share. Bazaarvoice’s revenue was up 17.9% compared to the same quarter last year. On average, analysts predict that Bazaarvoice will post $-0.26 earnings per share for the current fiscal year.
Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bazaarvoice in a research note to investors on Thursday, November 21st. They now have a $8.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $11.96.
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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