Russell Investments Group Ltd. increased its holdings in shares of Bazaarvoice, Inc. (NASDAQ:BV) by 12.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,239,036 shares of the technology company’s stock after purchasing an additional 138,541 shares during the quarter. Russell Investments Group Ltd. owned approximately 1.44% of Bazaarvoice worth $6,132,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Bazaarvoice by 7.8% during the second quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock worth $32,432,000 after purchasing an additional 471,644 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Bazaarvoice by 8.8% during the second quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock worth $16,405,000 after purchasing an additional 267,500 shares during the last quarter. Boston Partners lifted its stake in Bazaarvoice by 6.3% during the third quarter. Boston Partners now owns 2,236,420 shares of the technology company’s stock worth $11,070,000 after purchasing an additional 132,630 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Bazaarvoice by 22.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock worth $9,006,000 after purchasing an additional 339,536 shares during the last quarter. Finally, State Street Corp increased its position in Bazaarvoice by 11.5% during the second quarter. State Street Corp now owns 1,431,241 shares of the technology company’s stock worth $7,084,000 after buying an additional 147,096 shares during the period. Hedge funds and other institutional investors own 77.82% of the company’s stock.
Several research firms have commented on BV. Zacks Investment Research raised Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price target on the stock in a research report on Monday, December 4th. Northland Securities lowered Bazaarvoice to a “hold” rating and set a $5.50 price target on the stock. in a research report on Tuesday, November 28th. Needham & Company LLC lowered Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, November 28th. Credit Suisse Group lowered Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 price target on the stock. in a research report on Tuesday, November 28th. Finally, B. Riley lowered Bazaarvoice from a “buy” rating to a “neutral” rating and cut their price target for the stock from $6.00 to $5.50 in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Bazaarvoice has a consensus rating of “Hold” and an average price target of $5.96.
Bazaarvoice (NASDAQ:BV) last released its quarterly earnings results on Monday, November 27th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The company had revenue of $53.40 million for the quarter, compared to analyst estimates of $50.83 million. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 earnings per share. equities analysts predict that Bazaarvoice, Inc. will post -0.08 EPS for the current year.
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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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