Bazaarvoice, Inc. (BV) Cut to “Sell” at BidaskClub

BidaskClub lowered shares of Bazaarvoice, Inc. (NASDAQ:BV) from a hold rating to a sell rating in a report issued on Wednesday.

Other equities research analysts also recently issued research reports about the stock. 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. Credit Suisse Group increased their target price on shares of Bazaarvoice from $6.00 to $7.00 and gave the stock an outperform rating in a research report on Friday, September 8th. B. Riley reiterated a buy rating and issued a $5.75 target price on shares of Bazaarvoice in a research report on Tuesday, September 5th. ValuEngine downgraded shares of Bazaarvoice from a hold rating to a sell rating in a research report on Friday, September 1st. Finally, Zacks Investment Research upgraded shares of Bazaarvoice from a hold rating to a buy rating and set a $5.75 target price for the company in a research report on Thursday, September 14th. Two analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $6.46.

Bazaarvoice (BV) opened at $4.65 on Wednesday.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Bazaarvoice had a negative net margin of 6.47% and a negative return on equity of 6.88%. The firm had revenue of $52.20 million during the quarter, compared to analyst estimates of $49.83 million. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. analysts anticipate that Bazaarvoice will post -0.13 earnings per share for the current fiscal year.

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A number of hedge funds have recently added to or reduced their stakes in BV. Vanguard Group Inc. raised its holdings in shares of Bazaarvoice by 7.8% during the 2nd quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock valued at $32,432,000 after purchasing an additional 471,644 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Bazaarvoice by 8.8% during the 2nd quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock valued at $16,405,000 after purchasing an additional 267,500 shares in the last quarter. Boston Partners raised its holdings in shares of Bazaarvoice by 6.3% during the 3rd quarter. Boston Partners now owns 2,236,420 shares of the technology company’s stock valued at $11,070,000 after purchasing an additional 132,630 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Bazaarvoice by 22.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock valued at $9,006,000 after purchasing an additional 339,536 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of Bazaarvoice by 11.5% during the 2nd quarter. State Street Corp now owns 1,431,241 shares of the technology company’s stock valued at $7,084,000 after purchasing an additional 147,096 shares in the last quarter. Institutional investors own 75.07% of the company’s stock.

Bazaarvoice Company Profile

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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