Zacks Investment Research upgraded shares of Bazaarvoice (NASDAQ:BV) from a sell rating to a hold rating in a report published on Wednesday.
According to Zacks, “BrightView Holdings, Inc. is a provider of commercial landscaping services primarily in the United States. It provides services from landscape maintenance and enhancements to tree care and landscape development for corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail and golf courses. BrightView Holdings, Inc. is based in PA, United States. “
Several other brokerages also recently weighed in on BV. Royal Bank of Canada lowered their target price on Bazaarvoice to $18.00 and set an outperform rating on the stock in a research note on Thursday, November 29th. Robert W. Baird lowered their target price on Bazaarvoice from $22.00 to $18.00 and set an outperform rating on the stock in a research note on Monday, October 15th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of $23.50.
Bazaarvoice (NASDAQ:BV) last announced its earnings results on Tuesday, November 27th. The technology company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. The company had revenue of $581.80 million during the quarter, compared to analysts’ expectations of $584.62 million.
In other Bazaarvoice news, CEO Andrew Masterman purchased 20,000 shares of the firm’s stock in a transaction that occurred on Friday, December 14th. The shares were purchased at an average cost of $11.06 per share, for a total transaction of $221,200.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Thomas C. Donnelly purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 12th. The stock was acquired at an average price of $11.78 per share, for a total transaction of $117,800.00. The disclosure for this purchase can be found here. 5.64% of the stock is owned by insiders.
Several institutional investors have recently bought and sold shares of the stock. Zuckerman Investment Group LLC purchased a new stake in Bazaarvoice during the third quarter worth $7,331,000. Putnam Investments LLC boosted its position in Bazaarvoice by 263.0% during the third quarter. Putnam Investments LLC now owns 470,502 shares of the technology company’s stock worth $7,552,000 after purchasing an additional 340,900 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Bazaarvoice during the third quarter worth $1,060,000. TIAA CREF Investment Management LLC purchased a new stake in Bazaarvoice during the third quarter worth $803,000. Finally, Teachers Advisors LLC purchased a new stake in Bazaarvoice during the third quarter worth $708,000. Hedge funds and other institutional investors own 78.35% of the company’s stock.
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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