ValuEngine upgraded shares of Bridgeline Digital, Inc. (NASDAQ:BLIN) from a sell rating to a hold rating in a research report released on Tuesday.

Separately, Zacks Investment Research upgraded Bridgeline Digital from a hold rating to a buy rating and set a $3.75 price target on the stock in a report on Monday, June 5th.

Bridgeline Digital (BLIN) traded down 5.0332% during mid-day trading on Tuesday, hitting $2.9472. 31,790 shares of the stock were exchanged. Bridgeline Digital has a 1-year low of $2.39 and a 1-year high of $28.75. The company’s market capitalization is $12.36 million. The stock has a 50 day moving average price of $12.51 and a 200 day moving average price of $16.86.

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In other news, insider Roger E. Kahn bought 62,730 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average cost of $0.60 per share, for a total transaction of $37,638.00. Following the acquisition, the insider now directly owns 605,574 shares in the company, valued at $363,344.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 33.83% of the stock is owned by company insiders.

About Bridgeline Digital

Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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