Bridgeline Digital, Inc. (NASDAQ:BLIN) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Monday.

Separately, Zacks Investment Research downgraded Bridgeline Digital from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st.

Shares of Bridgeline Digital (NASDAQ BLIN) traded up 1.74% on Monday, hitting $2.92. The stock had a trading volume of 13,579 shares. Bridgeline Digital has a 52 week low of $1.86 and a 52 week high of $25.50. The firm has a 50-day moving average price of $2.71 and a 200-day moving average price of $11.79. The stock’s market capitalization is $12.27 million.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Monday, August 14th. The software maker reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.05. Bridgeline Digital had a negative return on equity of 9.85% and a negative net margin of 29.84%. The business had revenue of $4.07 million during the quarter, compared to analysts’ expectations of $4.02 million. Equities analysts expect that Bridgeline Digital will post ($0.43) earnings per share for the current fiscal year.

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In other Bridgeline Digital news, insider Roger E. Kahn acquired 18,975 shares of the company’s stock in a transaction on Monday, August 21st. The stock was acquired at an average cost of $2.63 per share, with a total value of $49,904.25. Following the purchase, the insider now directly owns 659,869 shares of the company’s stock, valued at approximately $1,735,455.47. The purchase was disclosed in a legal filing with the SEC, which is available at 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.

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