Insider Selling: Brett A. Hurt Sells 47,460 Shares of Bazaarvoice Stock (BV)
Bazaarvoice (NYSE:BV) Director Brett A. Hurt sold 47,460 shares of Bazaarvoice stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $6.95, for a total transaction of $329,847.00. Following the sale, the director now directly owns 3,534,206 shares in the company, valued at approximately $24,562,732. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Bazaarvoice (NYSE:BV) traded up 1.77% during mid-day trading on Friday, hitting $7.195. 669,774 shares of the company’s stock traded hands. Bazaarvoice has a 1-year low of $5.85 and a 1-year high of $11.50. The stock’s 50-day moving average is $6.53 and its 200-day moving average is $7.31. The company’s market cap is $547.3 million.
Bazaarvoice (NYSE:BV) last issued its quarterly earnings data on Wednesday, June 4th. The company reported ($0.11) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.10) by $0.01. The company had revenue of $47.10 million for the quarter, compared to the consensus estimate of $45.45 million. During the same quarter last year, the company posted ($0.12) earnings per share. Bazaarvoice’s revenue was up 21.1% compared to the same quarter last year. On average, analysts predict that Bazaarvoice will post $-0.30 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on BV shares. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Bazaarvoice in a research note on Thursday. They now have a $10.00 price target on the stock, down previously from $11.00. Separately, analysts at Pacific Crest cut their price target on shares of Bazaarvoice from $17.00 to $12.00 in a research note on Thursday. Finally, analysts at Goldman Sachs cut their price target on shares of Bazaarvoice from $8.00 to $7.00 in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $10.18.
Bazaarvoice, Inc, connects businesses together to amplify the authentic voices of people where they shop.
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