Bazaarvoice (NASDAQ:BV) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective for the company in a research note on Monday, December 4th. BidaskClub cut shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Credit Suisse Group cut shares of Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 price objective for the company. in a research note on Tuesday, November 28th. B. Riley cut shares of Bazaarvoice from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $6.00 to $5.50 in a research note on Tuesday, November 28th. Finally, Northland Securities cut shares of Bazaarvoice to a “hold” rating and set a $5.50 price objective for the company. in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $5.96.

Shares of Bazaarvoice (NASDAQ:BV) remained flat at $$5.50 during midday trading on Friday. 1,196,924 shares of the stock were exchanged, compared to its average volume of 919,032. Bazaarvoice has a fifty-two week low of $3.80 and a fifty-two week high of $5.50. The company has a market cap of $474.10, a PE ratio of -50.00 and a beta of 0.62.

Bazaarvoice (NASDAQ:BV) last announced its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. Bazaarvoice had a negative net margin of 4.40% and a negative return on equity of 4.42%. The company had revenue of $53.40 million during the quarter, compared to analysts’ expectations of $50.83 million. During the same quarter in the prior year, the company earned $0.02 EPS. Bazaarvoice’s revenue was up 6.0% compared to the same quarter last year. sell-side analysts expect that Bazaarvoice will post -0.08 EPS for the current fiscal year.

In other news, insider Kelly Trammell sold 12,607 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $5.45, for a total value of $68,708.15. Following the completion of the sale, the insider now owns 126,290 shares of the company’s stock, valued at approximately $688,280.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 5.64% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its holdings in shares of Bazaarvoice by 1.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 74,874 shares of the technology company’s stock worth $371,000 after acquiring an additional 866 shares during the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Bazaarvoice by 6.6% in the 2nd quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after acquiring an additional 1,516 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Bazaarvoice by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock worth $1,667,000 after acquiring an additional 2,014 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Bazaarvoice by 5.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 69,770 shares of the technology company’s stock worth $346,000 after acquiring an additional 3,835 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Bazaarvoice by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 358,680 shares of the technology company’s stock worth $1,776,000 after acquiring an additional 4,310 shares during the last quarter. Hedge funds and other institutional investors own 77.33% of the company’s stock.

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About Bazaarvoice

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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