Dimensional Fund Advisors LP increased its position in Bazaarvoice, Inc. (NASDAQ:BV) by 50.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,479,855 shares of the technology company’s stock after buying an additional 494,737 shares during the period. Dimensional Fund Advisors LP owned approximately 1.78% of Bazaarvoice worth $6,364,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of the company. TFS Capital LLC acquired a new stake in Bazaarvoice during the first quarter worth approximately $145,000. Karp Capital Management Corp acquired a new stake in Bazaarvoice during the first quarter worth approximately $155,000. American International Group Inc. increased its stake in Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock worth $217,000 after buying an additional 3,358 shares during the last quarter. Conservest Capital Advisors Inc. acquired a new stake in Bazaarvoice during the first quarter worth approximately $234,000. Finally, Alambic Investment Management L.P. increased its stake in Bazaarvoice by 138.2% in the first quarter. Alambic Investment Management L.P. now owns 66,700 shares of the technology company’s stock worth $287,000 after buying an additional 38,700 shares during the last quarter. 80.06% of the stock is owned by institutional investors.
Bazaarvoice, Inc. (NASDAQ BV) traded down 0.538% during midday trading on Friday, hitting $4.625. 52,857 shares of the stock were exchanged. The company has a 50 day moving average price of $4.70 and a 200 day moving average price of $4.58. The firm’s market capitalization is $360.10 million. Bazaarvoice, Inc. has a one year low of $3.80 and a one year high of $6.14.
Bazaarvoice (NASDAQ:BV) last released its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The business had revenue of $50.20 million during the quarter, compared to analyst estimates of $49.99 million. Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. Bazaarvoice’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.01) EPS. Equities analysts anticipate that Bazaarvoice, Inc. will post $0.06 EPS for the current year.
A number of analysts recently commented on the stock. Zacks Investment Research downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. B. Riley reiterated a “buy” rating and issued a $5.75 target price on shares of Bazaarvoice in a report on Wednesday, June 7th. BidaskClub downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a 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 report on Saturday, July 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average 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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