Sqn Investors Lp buys $20,879,376 stake in Bazaarvoice Inc (BV)

Bazaarvoice Inc (BV) : Sqn Investors Lp scooped up 1,059,102 additional shares in Bazaarvoice Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 4,995,066 shares of Bazaarvoice Inc which is valued at $20,879,376.Bazaarvoice Inc makes up approximately 12.16% of Sqn Investors Lp’s portfolio.

Other Hedge Funds, Including , Jacobs Levy Equity Management Inc reduced its stake in BV by selling 89,862 shares or 24.35% in the most recent quarter. The Hedge Fund company now holds 279,135 shares of BV which is valued at $1,166,784. Bazaarvoice Inc makes up approx 0.02% of Jacobs Levy Equity Management Inc’s portfolio.Dimensional Fund Advisors Lp boosted its stake in BV in the latest quarter, The investment management firm added 19,384 additional shares and now holds a total of 234,621 shares of Bazaarvoice Inc which is valued at $980,716. Salient Capital Advisors sold out all of its stake in BV during the most recent quarter. The investment firm sold 65,731 shares of BV which is valued $265,553. Stoneridge Investment Partners sold out all of its stake in BV during the most recent quarter. The investment firm sold 109,814 shares of BV which is valued $459,023.

Bazaarvoice Inc opened for trading at $4 and hit $4.07 on the upside on Thursday, eventually ending the session at $4.045, with a gain of 1.13% or 0.045 points. The heightened volatility saw the trading volume jump to 2,41,731 shares. Company has a market cap of $332 M.

On the company’s financial health, Bazaarvoice Inc reported $-0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jun 2, 2016. Analyst had a consensus of $-0.04. The company had revenue of $50.71 million for the quarter, compared to analysts expectations of $48.87 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.06 EPS.

Bazaarvoice Inc. is a network that connects brands and retailers to the authentic voices of people where they shop. The Company’s technology platform collects and displays ratings and reviews questions and answers and stories from customers along with visual commerce capabilities that collectively amplify the voices of the consumers into the shopping. The Company’s platforms and solutions include Bazaarvoice Conversations Platform which provides capabilities to capture manage and display online consumer-generated content; Bazaarvoice Connections Solutions which offers network syndication and brand engagement solutions; Bazaarvoice Local which helps clients gather and promote reviews of local service affiliates; Bazaarvoice Curations which pulls in content from across a range of social platforms including Instagram Facebook and Twitter and Bazaarvoice Media which sells advertising on behalf of retailers thereby helping brands and agencies market to shopper audiences.

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