Bridgeline Digital, Inc. (NASDAQ:BLIN) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Bridgeline Digital, Inc. is a digital engagement company. The Company’s Bridgeline’s iAPPS platform integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics. The iAPPS suite of products include iAPPS Content Manager, iAPPS Commerce, iAPPS Marketier, iAPPS Analyzer, iAPPSds and iAPPS Social. Bridgeline Digital, Inc., formerly known as Bridgeline Software, Inc., is based in Burlington, Massachusetts. “

Separately, ValuEngine raised Bridgeline Digital from a “strong sell” rating to a “sell” rating in a report on Monday, October 2nd.

Bridgeline Digital (NASDAQ BLIN) traded up 1.40% during trading on Wednesday, hitting $2.89. The stock had a trading volume of 13,742 shares. The company’s 50 day moving average is $2.79 and its 200-day moving average is $9.77. The company’s market cap is $12.14 million. Bridgeline Digital has a 12 month low of $1.86 and a 12 month high of $5.10.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Monday, August 14th. The software maker reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.05. Bridgeline Digital had a negative return on equity of 9.85% and a negative net margin of 29.84%. The firm had revenue of $4.07 million during the quarter, compared to analysts’ expectations of $4.02 million. On average, equities research analysts predict that Bridgeline Digital will post ($0.43) earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This story was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at

In related news, insider Roger E. Kahn purchased 18,975 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average price of $2.63 per share, with a total value of $49,904.25. Following the completion of the acquisition, the insider now owns 659,869 shares in the company, valued at $1,735,455.47. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 33.83% of the stock is currently owned by company insiders.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.

Get a free copy of the Zacks research report on Bridgeline Digital (BLIN)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Bridgeline Digital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgeline Digital Inc. and related companies with's FREE daily email newsletter.