Zacks Investment Research downgraded shares of Bazaarvoice, Inc. (NASDAQ:BV) from a buy rating to a hold rating in a report issued on Wednesday morning.

According to Zacks, “Bazaarvoice, Inc. provides social commerce solutions through Bazaarvoice, a Software-as-a-Service platform that enable clients to capture, display, and analyze online word of mouth. It serves clients in the retail, consumer products, travel and leisure, technology, telecommunications, financial services, healthcare, and automotive industries. Bazaarvoice offers its products particularly in the United States, Europe, Singapore, and Australia. The Company’s software builds online communities for the brand names of clients. Bazaarvoice, Inc. is headquartered in Austin, Texas. “

Several other research analysts have also weighed in on BV. Northland Securities set a $7.00 target price on shares of Bazaarvoice and gave the stock a buy rating in a research report on Saturday, July 22nd. BidaskClub lowered shares of Bazaarvoice from a hold rating to a sell rating in a research report on Wednesday, August 2nd. ValuEngine lowered shares of Bazaarvoice from a hold rating to a sell rating in a research report on Friday, September 1st. B. Riley restated a buy rating and set a $5.75 target price on shares of Bazaarvoice in a research report on Tuesday, September 5th. Finally, Needham & Company LLC restated a buy rating and set a $7.00 target price on shares of Bazaarvoice in a research report on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $6.46.

Bazaarvoice (BV) opened at $4.45 on Wednesday. Bazaarvoice has a one year low of $3.80 and a one year high of $5.40.

Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings results on Thursday, September 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $52.20 million for the quarter, compared to analyst estimates of $49.83 million. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. sell-side analysts anticipate that Bazaarvoice will post -0.13 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its holdings in shares of Bazaarvoice by 1.2% in the second quarter. Goldman Sachs Group Inc. now owns 74,874 shares of the technology company’s stock valued at $371,000 after purchasing an additional 866 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock valued at $203,000 after purchasing an additional 1,469 shares in the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Bazaarvoice by 6.6% in the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock valued at $122,000 after purchasing an additional 1,516 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Bazaarvoice by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock valued at $1,667,000 after purchasing an additional 2,014 shares in the last quarter. Finally, American International Group Inc. lifted its holdings in shares of Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock valued at $217,000 after purchasing an additional 3,358 shares in the last quarter. 75.05% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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