Bazaarvoice, Inc. (NASDAQ:BV) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “Bazaarvoice, Inc. provides social commerce solutions through Bazaarvoice, a Software-as-a-Service platform that enable clients to capture, display, and analyze online word of mouth. It serves clients in the retail, consumer products, travel and leisure, technology, telecommunications, financial services, healthcare, and automotive industries. Bazaarvoice offers its products particularly in the United States, Europe, Singapore, and Australia. The Company’s software builds online communities for the brand names of clients. Bazaarvoice, Inc. is headquartered in Austin, Texas. “

Several other equities analysts have also recently commented on BV. B. Riley restated a “buy” rating and set a $5.75 target price on shares of Bazaarvoice in a research report on Friday, June 2nd. BidaskClub cut Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Northland Securities set a $7.00 target price on Bazaarvoice and gave the stock a “buy” rating in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. Bazaarvoice currently has an average rating of “Hold” and an average target price of $6.05.

Bazaarvoice (BV) traded down 2.17% during mid-day trading on Tuesday, hitting $4.50. The stock had a trading volume of 356,798 shares. Bazaarvoice has a 52 week low of $3.71 and a 52 week high of $6.14. The company’s 50 day moving average is $4.81 and its 200-day moving average is $4.58. The stock’s market capitalization is $350.37 million.

Bazaarvoice (NASDAQ:BV) last announced its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02). The company had revenue of $50.20 million during the quarter, compared to analysts’ expectations of $49.99 million. Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.01) earnings per share. On average, analysts expect that Bazaarvoice will post $0.06 EPS for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of BV. TFS Capital LLC purchased a new position in Bazaarvoice during the first quarter worth about $145,000. Karp Capital Management Corp bought a new stake in Bazaarvoice during the first quarter worth $155,000. KCG Holdings Inc. bought a new stake in Bazaarvoice during the first quarter worth $157,000. Bank of America Corp DE raised its stake in Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after buying an additional 1,469 shares during the period. Finally, Aperio Group LLC raised its stake in Bazaarvoice by 35.4% in the second quarter. Aperio Group LLC now owns 48,723 shares of the technology company’s stock worth $241,000 after buying an additional 12,733 shares during the period. Institutional investors and hedge funds own 80.63% of the company’s stock.

Bazaarvoice Company Profile

Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.

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