Rice Hall James & Associates LLC Lowers Position in Bigcommerce Holdings, Inc. $BIGC

Rice Hall James & Associates LLC decreased its holdings in shares of Bigcommerce Holdings, Inc. (NASDAQ:BIGC) by 34.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 249,517 shares of the company’s stock after selling 128,682 shares during the period. Rice Hall James & Associates LLC owned 0.31% of Bigcommerce worth $1,245,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. P.A.W. Capital Corp boosted its position in Bigcommerce by 114.3% during the 2nd quarter. P.A.W. Capital Corp now owns 300,000 shares of the company’s stock valued at $1,500,000 after acquiring an additional 160,000 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Bigcommerce by 82.6% in the 2nd quarter. Acadian Asset Management LLC now owns 1,260,708 shares of the company’s stock worth $6,299,000 after acquiring an additional 570,160 shares in the last quarter. S Squared Technology LLC lifted its stake in shares of Bigcommerce by 29.0% during the 2nd quarter. S Squared Technology LLC now owns 798,142 shares of the company’s stock worth $3,991,000 after purchasing an additional 179,480 shares during the last quarter. CenterBook Partners LP boosted its position in Bigcommerce by 82.2% during the second quarter. CenterBook Partners LP now owns 1,288,808 shares of the company’s stock valued at $6,444,000 after purchasing an additional 581,548 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in Bigcommerce by 8.7% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,178,413 shares of the company’s stock valued at $5,892,000 after purchasing an additional 94,448 shares during the last quarter. Institutional investors own 79.21% of the company’s stock.

Bigcommerce Price Performance

Shares of Bigcommerce stock opened at $4.19 on Friday. The firm has a market capitalization of $335.61 million, a P/E ratio of -19.05 and a beta of 1.15. The stock’s 50 day simple moving average is $4.61.

Bigcommerce Profile

BigCommerce Holdings, Inc (NASDAQ: BIGC) is a software-as-a-service (SaaS) company that provides a cloud-based e-commerce platform designed to help merchants create, manage and scale online stores. Its platform offers a suite of tools including storefront design and customization, shopping cart functionality, payment gateway integrations, order management, shipping and tax solutions, and security features. The open architecture of its API-driven platform enables businesses to connect with a wide range of third-party applications, marketplaces and digital channels.

The company was founded in 2009 by Eddie Machaalani and Mitchell Harper and is headquartered in Austin, Texas, with additional offices in San Francisco and Sydney.