New York State Common Retirement Fund decreased its holdings in Bazaarvoice, Inc. (NASDAQ:BV) by 87.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 84,100 shares of the technology company’s stock after selling 590,961 shares during the period. New York State Common Retirement Fund owned approximately 0.11% of Bazaarvoice worth $416,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. KCG Holdings Inc. purchased a new stake in shares of Bazaarvoice in the 1st quarter valued at $157,000. Bank of America Corp DE raised its holdings in Bazaarvoice by 3.2% during the 1st quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock valued at $203,000 after buying an additional 1,469 shares during the last quarter. Aperio Group LLC raised its holdings in Bazaarvoice by 35.4% during the 2nd quarter. Aperio Group LLC now owns 48,723 shares of the technology company’s stock valued at $241,000 after buying an additional 12,733 shares during the last quarter. American International Group Inc. raised its holdings in Bazaarvoice by 7.1% during the 1st quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock valued at $217,000 after buying an additional 3,358 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Bazaarvoice by 89.7% during the 2nd quarter. Alliancebernstein L.P. now owns 64,700 shares of the technology company’s stock valued at $320,000 after buying an additional 30,600 shares during the last quarter. 75.38% of the stock is owned by institutional investors.
Bazaarvoice, Inc. (NASDAQ:BV) opened at $4.37 on Thursday. Bazaarvoice, Inc. has a 12 month low of $3.80 and a 12 month high of $5.40.
Bazaarvoice (NASDAQ:BV) last announced its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 company had revenue of $52.20 million for the quarter, compared to the consensus estimate of $49.83 million. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. equities research analysts predict that Bazaarvoice, Inc. will post -0.13 earnings per share for the current fiscal year.
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BV has been the subject of a number of recent analyst reports. Northland Securities set a $7.00 price target on shares of Bazaarvoice and gave the company a “buy” rating in a report on Saturday, July 22nd. BidaskClub lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Credit Suisse Group upped their price target on shares of Bazaarvoice from $6.00 to $7.00 and gave the company an “outperform” rating in a report on Friday, September 8th. B. Riley reiterated a “buy” rating and set a $5.75 price target on shares of Bazaarvoice in a report on Tuesday, September 5th. Finally, ValuEngine lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.46.
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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