BLUCORA INC Common Stock (NASDAQ:BCOR) insider John David Palmer sold 3,753 shares of the company’s stock in a transaction on Thursday, August 23rd. The stock was sold at an average price of $36.00, for a total value of $135,108.00. Following the sale, the insider now owns 8,375 shares of the company’s stock, valued at approximately $301,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NASDAQ:BCOR traded up $0.30 during trading on Friday, reaching $36.10. The company’s stock had a trading volume of 329,844 shares, compared to its average volume of 400,868. The company has a market capitalization of $1.70 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 1.27 and a beta of -0.14. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.99 and a quick ratio of 2.99. BLUCORA INC Common Stock has a 12 month low of $19.05 and a 12 month high of $40.60.

BLUCORA INC Common Stock (NASDAQ:BCOR) last announced its quarterly earnings data on Wednesday, August 1st. The information services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.11. The firm had revenue of $157.80 million during the quarter, compared to the consensus estimate of $154.46 million. BLUCORA INC Common Stock had a return on equity of 14.82% and a net margin of 13.31%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.70 EPS. sell-side analysts anticipate that BLUCORA INC Common Stock will post 1.61 earnings per share for the current year.

Large investors have recently made changes to their positions in the business. BlackRock Inc. lifted its position in shares of BLUCORA INC Common Stock by 7.7% during the 2nd quarter. BlackRock Inc. now owns 6,428,125 shares of the information services provider’s stock valued at $237,841,000 after buying an additional 457,598 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of BLUCORA INC Common Stock by 8.6% during the 2nd quarter. Renaissance Technologies LLC now owns 2,452,600 shares of the information services provider’s stock valued at $90,746,000 after buying an additional 193,600 shares during the last quarter. Glenmede Trust Co. NA lifted its position in shares of BLUCORA INC Common Stock by 209.5% during the 2nd quarter. Glenmede Trust Co. NA now owns 1,188,640 shares of the information services provider’s stock valued at $43,980,000 after buying an additional 804,545 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in shares of BLUCORA INC Common Stock by 13.0% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 814,391 shares of the information services provider’s stock valued at $30,132,000 after buying an additional 94,003 shares during the last quarter. Finally, Harvest Capital Strategies LLC lifted its position in shares of BLUCORA INC Common Stock by 54.8% during the 1st quarter. Harvest Capital Strategies LLC now owns 800,000 shares of the information services provider’s stock valued at $19,680,000 after buying an additional 283,354 shares during the last quarter. Hedge funds and other institutional investors own 97.19% of the company’s stock.

Several equities research analysts recently issued reports on BCOR shares. BidaskClub downgraded BLUCORA INC Common Stock from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 17th. Craig Hallum set a $35.00 price objective on BLUCORA INC Common Stock and gave the company a “buy” rating in a research note on Thursday, May 10th. Benchmark restated a “buy” rating and issued a $42.00 price objective on shares of BLUCORA INC Common Stock in a research note on Thursday, May 10th. Zacks Investment Research upgraded BLUCORA INC Common Stock from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Tuesday, May 22nd. Finally, Sidoti downgraded BLUCORA INC Common Stock from a “buy” rating to a “neutral” rating in a research note on Friday, June 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. BLUCORA INC Common Stock presently has an average rating of “Buy” and an average target price of $37.71.

BLUCORA INC Common Stock Company Profile

Blucora, Inc provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

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Insider Buying and Selling by Quarter for BLUCORA INC Common Stock (NASDAQ:BCOR)

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