Blucora Inc (NASDAQ:BCOR) Director Andrew Miles Snyder sold 27,100 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $20.67, for a total value of $560,157.00. Following the sale, the director now directly owns 55,010 shares of the company’s stock, valued at $1,137,056.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Andrew Miles Snyder also recently made the following trade(s):

  • On Tuesday, May 16th, Andrew Miles Snyder sold 79,030 shares of Blucora stock. The shares were sold at an average price of $21.24, for a total value of $1,678,597.20.
  • On Monday, May 8th, Andrew Miles Snyder sold 60,000 shares of Blucora stock. The shares were sold at an average price of $19.89, for a total value of $1,193,400.00.
  • On Wednesday, May 3rd, Andrew Miles Snyder sold 46,195 shares of Blucora stock. The shares were sold at an average price of $18.85, for a total value of $870,775.75.
  • On Friday, April 28th, Andrew Miles Snyder sold 45,000 shares of Blucora stock. The shares were sold at an average price of $18.24, for a total value of $820,800.00.
  • On Tuesday, April 25th, Andrew Miles Snyder sold 45,000 shares of Blucora stock. The shares were sold at an average price of $17.67, for a total value of $795,150.00.
  • On Thursday, April 20th, Andrew Miles Snyder sold 42,500 shares of Blucora stock. The shares were sold at an average price of $17.13, for a total value of $728,025.00.
  • On Monday, April 17th, Andrew Miles Snyder sold 30,000 shares of Blucora stock. The shares were sold at an average price of $17.05, for a total value of $511,500.00.
  • On Wednesday, April 12th, Andrew Miles Snyder sold 28,700 shares of Blucora stock. The shares were sold at an average price of $17.02, for a total value of $488,474.00.
  • On Monday, April 10th, Andrew Miles Snyder sold 42,500 shares of Blucora stock. The shares were sold at an average price of $17.28, for a total value of $734,400.00.
  • On Wednesday, April 5th, Andrew Miles Snyder sold 40,800 shares of Blucora stock. The shares were sold at an average price of $17.40, for a total value of $709,920.00.

Blucora Inc (NASDAQ:BCOR) traded down 0.71% during mid-day trading on Wednesday, reaching $20.85. The company’s stock had a trading volume of 510,329 shares. Blucora Inc has a 12-month low of $8.11 and a 12-month high of $21.75. The company has a 50-day moving average price of $18.90 and a 200-day moving average price of $16.19. The firm’s market cap is $896.11 million.

Blucora (NASDAQ:BCOR) last released its quarterly earnings data on Thursday, May 4th. The information services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.09. The business had revenue of $182.40 million for the quarter, compared to analysts’ expectations of $179.29 million. Blucora had a positive return on equity of 3.38% and a negative net margin of 27.61%. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 EPS. On average, equities research analysts expect that Blucora Inc will post $1.38 earnings per share for the current year.

Insider Buying and Selling by Quarter for Blucora (NASDAQ:BCOR)

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A number of analysts recently commented on the company. Craig Hallum reaffirmed a “buy” rating on shares of Blucora in a research report on Thursday, May 4th. Benchmark Co. increased their price target on Blucora from $19.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, May 5th. Barrington Research increased their price target on Blucora from $20.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, May 5th. Zacks Investment Research raised Blucora from a “strong sell” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Tuesday, April 25th. Finally, Standpoint Research downgraded Blucora from a “buy” rating to a “hold” rating in a research report on Friday, March 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $23.00.

Institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Blucora during the fourth quarter valued at about $16,561,000. HAP Trading LLC boosted its position in Blucora by 16.2% in the third quarter. HAP Trading LLC now owns 98,225 shares of the information services provider’s stock valued at $1,100,000 after buying an additional 13,662 shares during the period. State Street Corp boosted its position in Blucora by 7.0% in the fourth quarter. State Street Corp now owns 1,099,120 shares of the information services provider’s stock valued at $16,212,000 after buying an additional 71,971 shares during the period. Dimensional Fund Advisors LP boosted its position in Blucora by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,534,829 shares of the information services provider’s stock valued at $52,140,000 after buying an additional 11,561 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Blucora by 26.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 198,116 shares of the information services provider’s stock valued at $2,219,000 after buying an additional 41,041 shares during the period. 82.04% of the stock is currently owned by institutional investors and hedge funds.

Blucora Company Profile

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

12 Month Chart for NASDAQ:BCOR

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