Spark Investment Management LLC decreased its position in Bazaarvoice Inc (NASDAQ:BV) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 657,300 shares of the technology company’s stock after selling 33,600 shares during the period. Spark Investment Management LLC’s holdings in Bazaarvoice were worth $3,582,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new stake in shares of Bazaarvoice in the fourth quarter valued at about $1,685,000. BlackRock Inc. increased its position in shares of Bazaarvoice by 4.5% in the fourth quarter. BlackRock Inc. now owns 5,590,433 shares of the technology company’s stock valued at $30,467,000 after acquiring an additional 239,154 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Bazaarvoice by 11.3% in the fourth quarter. Bank of New York Mellon Corp now owns 392,925 shares of the technology company’s stock valued at $2,142,000 after acquiring an additional 40,018 shares during the last quarter. Capital Fund Management S.A. acquired a new stake in shares of Bazaarvoice in the fourth quarter valued at about $4,544,000. Finally, Wells Fargo & Company MN increased its position in shares of Bazaarvoice by 30.1% in the fourth quarter. Wells Fargo & Company MN now owns 125,250 shares of the technology company’s stock valued at $683,000 after acquiring an additional 28,947 shares during the last quarter. 78.35% of the stock is currently owned by hedge funds and other institutional investors.
In other news, insider Kelly Trammell sold 12,607 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $5.45, for a total transaction of $68,708.15. Following the completion of the sale, the insider now owns 126,290 shares in the company, valued at $688,280.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 5.64% of the stock is owned by insiders.
Bazaarvoice Inc (NASDAQ:BV) opened at $5.50 on Wednesday. The firm has a market capitalization of $473.36, a P/E ratio of -50.00 and a beta of 0.62. Bazaarvoice Inc has a 12-month low of $3.80 and a 12-month high of $5.50.
Bazaarvoice (NASDAQ:BV) last announced its quarterly earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $53.40 million for the quarter, compared to the consensus estimate of $50.83 million. Bazaarvoice had a negative return on equity of 0.12% and a negative net margin of 0.10%. The business’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.02 earnings per share. equities research analysts anticipate that Bazaarvoice Inc will post -0.08 earnings per share for the current fiscal year.
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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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