Royce & Associates LP trimmed its position in Bazaarvoice, Inc. (NASDAQ:BV) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 478,900 shares of the technology company’s stock after selling 57,500 shares during the quarter. Royce & Associates LP owned 0.62% of Bazaarvoice worth $2,371,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Soros Fund Management LLC grew its holdings in shares of Bazaarvoice by 135.8% during the 1st quarter. Soros Fund Management LLC now owns 1,666,666 shares of the technology company’s stock worth $7,167,000 after purchasing an additional 960,000 shares in the last quarter. Nationwide Fund Advisors grew its holdings in shares of Bazaarvoice by 43.3% during the 1st quarter. Nationwide Fund Advisors now owns 462,097 shares of the technology company’s stock worth $1,987,000 after purchasing an additional 139,717 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of Bazaarvoice during the 1st quarter worth $155,000. American Century Companies Inc. grew its holdings in shares of Bazaarvoice by 7.5% during the 1st quarter. American Century Companies Inc. now owns 300,839 shares of the technology company’s stock worth $1,294,000 after purchasing an additional 20,906 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings in shares of Bazaarvoice by 6.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 204,077 shares of the technology company’s stock worth $878,000 after purchasing an additional 12,406 shares in the last quarter. 77.67% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms have recently issued reports on BV. Northland Securities set a $7.00 target price on Bazaarvoice and gave the stock a “buy” rating in a report on Monday, August 28th. Zacks Investment Research lowered Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Needham & Company LLC reissued a “buy” rating and set a $7.00 target price on shares of Bazaarvoice in a report on Friday, September 8th. BidaskClub raised Bazaarvoice from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, B. Riley reissued a “buy” rating and set a $5.75 target price on shares of Bazaarvoice in a report on Wednesday, June 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $6.25.
Shares of Bazaarvoice, Inc. (BV) opened at 4.95 on Wednesday. The firm’s market capitalization is $419.08 million. Bazaarvoice, Inc. has a 1-year low of $3.80 and a 1-year high of $6.14. The company has a 50-day moving average price of $4.67 and a 200 day moving average price of $4.58.
Bazaarvoice (NASDAQ:BV) last posted its earnings results on Thursday, September 7th. The technology company reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. Bazaarvoice had a negative return on equity of 6.88% and a negative net margin of 6.47%. The business had revenue of $52.20 million during the quarter, compared to analysts’ expectations of $49.83 million. The firm’s revenue was up 4.2% on a year-over-year basis. On average, equities research analysts predict that Bazaarvoice, Inc. will post $0.06 EPS for the current year.
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.
Want to see what other hedge funds are holding BV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bazaarvoice, Inc. (NASDAQ:BV).
Receive News & Ratings for Bazaarvoice Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bazaarvoice Inc. and related companies with MarketBeat.com's FREE daily email newsletter.