Swiss National Bank maintained its stake in Bazaarvoice, Inc. (NASDAQ:BV) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,350 shares of the technology company’s stock at the end of the first quarter. Swiss National Bank owned about 0.13% of Bazaarvoice worth $470,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the company. Boston Partners increased its stake in Bazaarvoice by 19.7% in the first quarter. Boston Partners now owns 2,190,636 shares of the technology company’s stock worth $9,420,000 after buying an additional 361,017 shares in the last quarter. Whetstone Capital Advisors LLC bought a new stake in Bazaarvoice during the first quarter worth approximately $994,000. American Century Companies Inc. increased its stake in Bazaarvoice by 7.5% in the first quarter. American Century Companies Inc. now owns 300,839 shares of the technology company’s stock worth $1,294,000 after buying an additional 20,906 shares in the last quarter. Nationwide Fund Advisors increased its stake in Bazaarvoice by 43.3% in the first quarter. Nationwide Fund Advisors now owns 462,097 shares of the technology company’s stock worth $1,987,000 after buying an additional 139,717 shares in the last quarter. Finally, Edge Wealth Management LLC boosted its position in shares of Bazaarvoice by 1.9% in the first quarter. Edge Wealth Management LLC now owns 54,695 shares of the technology company’s stock worth $242,000 after buying an additional 1,000 shares during the last quarter. 80.98% of the stock is currently owned by hedge funds and other institutional investors.
Bazaarvoice, Inc. (BV) opened at 4.75 on Friday. The firm’s market cap is $369.83 million. Bazaarvoice, Inc. has a 52-week low of $3.71 and a 52-week high of $6.14. The stock has a 50 day moving average of $4.83 and a 200-day moving average of $4.58.
Bazaarvoice (NASDAQ:BV) last announced its earnings results on Tuesday, June 6th. The technology company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). Bazaarvoice had a negative net margin of 7.92% and a negative return on equity of 8.34%. The company had revenue of $50.20 million during the quarter, compared to analysts’ expectations of $49.99 million. During the same period last year, the company posted ($0.01) earnings per share. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. On average, analysts expect that Bazaarvoice, Inc. will post $0.06 EPS for the current year.
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BV has been the subject of a number of research reports. Zacks Investment Research cut shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. B. Riley restated a “buy” rating and set a $5.75 target price on shares of Bazaarvoice in a research report on Friday, June 2nd. BidaskClub cut shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Northland Securities set a $7.00 target price on shares of Bazaarvoice and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Bazaarvoice has an average rating of “Buy” and a consensus price target of $6.05.
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.
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