Blucora, Inc. (BCOR) Files Form 4 Insider Selling : Joann Kintzel Sells 3,538 Shares

Blucora, Inc. (BCOR): Joann Kintzel , President, TaxAct, Inc. of Blucora, Inc. sold 3,538 shares on Jul 5, 2016. The Insider selling transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were sold at $10.54 per share for a total value of $37,284.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 24, 2016, Joann Kintzel (President, TaxAct, Inc.) sold 6,431 shares at $9.50 per share price.On Nov 20, 2015, Peter Mansour (President, Infospace LLC) sold 3,813 shares at $10.49 per share price.Also, On Nov 12, 2015, Lance G Dunn (director) purchased 10,000 shares at $10.08 per share price.On Nov 12, 2015, William J Ruckelshaus (CEO) purchased 7,230 shares at $10.36 per share price.

Blucora Inc: On Tuesday, Jul 6, 2016 heightened volatility was witnessed in Blucora Inc which led to swings in the share price. The shares opened for trading at $11.02 and hit $11.37 on the upside , eventually ending the session at $11.05, with a gain of 3.27% or 0.35 points. The heightened volatility saw the trading volume jump to 12,12,198 shares. The 52-week high of the share price is $16.3 and the company has a market cap of $457 M . The 52-week low of the share price is at $4.69.

Blucora Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Blucora Inc is Upgraded by Barrington Research to Outperform and the brokerage firm has set the Price Target at $10. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on May 2, 2016.Blucora Inc is Upgraded by Craig Hallum to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 29, 2016.Blucora Inc is Reiterated by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 14.50 from a previous price target of $13 .The Rating was issued on Apr 28, 2016.

Blucora Inc. is an operator of a portfolio of Internet businesses. The Company operates through three segments: Search and Content Tax Preparation and E-Commerce. Its Search and Content business operates through its InfoSpace LLC subsidiary (InfoSpace) and provides search services to users of the Company owned and operated and distribution partners’ Web properties as well as online content. Its Tax Preparation business consists of the operations of TaxACT Inc. (TaxACT) and provides online tax preparation service for individuals tax preparation software for individuals and professional tax preparers and ancillary services. Its E-Commerce business consists of the operations of Monoprice Inc. (Monoprice) and sells self-branded electronics and accessories to both consumers and businesses.

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