BidaskClub cut shares of Bazaarvoice, Inc. (NASDAQ:BV) from a hold rating to a sell rating in a research note issued to investors on Wednesday.

BV has been the subject of several other research reports. B. Riley reissued a buy rating and set a $5.75 price objective on shares of Bazaarvoice in a report on Tuesday, September 5th. Needham & Company LLC reissued a buy rating and set a $7.00 price objective on shares of Bazaarvoice in a report on Friday, September 8th. ValuEngine downgraded shares of Bazaarvoice from a hold rating to a sell rating in a report on Friday, September 1st. Zacks Investment Research downgraded shares of Bazaarvoice from a buy rating to a hold rating in a report on Tuesday, August 8th. Finally, Northland Securities set a $7.00 price objective on shares of Bazaarvoice and gave the company a buy rating in a report on Monday, August 28th. Two analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $6.46.

Bazaarvoice (BV) opened at $4.65 on Wednesday. Bazaarvoice has a 1-year low of $3.80 and a 1-year high of $5.40.

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

WARNING: This news story was first reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/bazaarvoice-inc-bv-downgraded-by-bidaskclub-to-sell/1679448.html.

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Bazaarvoice by 7.8% in the 2nd quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock valued at $32,432,000 after acquiring an additional 471,644 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Bazaarvoice by 8.8% in the 2nd quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock valued at $16,405,000 after acquiring an additional 267,500 shares during the last quarter. Boston Partners lifted its holdings in shares of Bazaarvoice by 6.3% in the 3rd quarter. Boston Partners now owns 2,236,420 shares of the technology company’s stock valued at $11,070,000 after acquiring an additional 132,630 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Bazaarvoice by 22.9% in 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 acquiring an additional 339,536 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Bazaarvoice by 11.5% in the 2nd quarter. State Street Corp now owns 1,431,241 shares of the technology company’s stock valued at $7,084,000 after acquiring an additional 147,096 shares during the last quarter. 75.07% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

Receive News & Ratings for Bazaarvoice Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bazaarvoice Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.