Bridgeline Digital (BLIN) Getting Somewhat Favorable Press Coverage, Study Shows

Press coverage about Bridgeline Digital (NASDAQ:BLIN) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bridgeline Digital earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 45.4570860619867 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

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Shares of Bridgeline Digital (BLIN) traded down 10.58% during trading on Thursday, hitting $2.45. The stock had a trading volume of 98,065 shares. The company’s market cap is $10.27 million. The stock has a 50 day moving average of $11.82 and a 200 day moving average of $16.63. Bridgeline Digital has a 12 month low of $2.39 and a 12 month high of $28.75.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered Bridgeline Digital from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine lowered Bridgeline Digital from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 28th.

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In other news, insider Roger E. Kahn bought 62,730 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average cost of $0.60 per share, for a total transaction of $37,638.00. Following the completion of the transaction, the insider now owns 605,574 shares of the company’s stock, valued at $363,344.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 33.83% of the stock is currently owned by insiders.

About Bridgeline Digital

Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.