1 day Ago By ABMN Staff
StockNews.com started coverage on shares of Bridgeline Digital ( NASDAQ:BLIN – Free Report ) in a report published on Tuesday. The brokerage issued a buy rating on the software maker’s stock.
Separately, Westpark Capital upgraded Bridgeline Digital from a “hold” rating to a “buy” rating and set a $4.62 price objective on the stock in a report on Friday, February 14th. Check Out Our Latest Research Report on Bridgeline Digital Bridgeline Digital Trading Up 2.
4 % Bridgeline Digital ( NASDAQ:BLIN – Get Free Report ) last released its quarterly earnings data on Thursday, February 13th. The software maker reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.
05) by ($0.01). Bridgeline Digital had a negative return on equity of 15.
38% and a negative net margin of 12.82%. On average, research analysts forecast that Bridgeline Digital will post -0.
15 EPS for the current fiscal year. Hedge Funds Weigh In On Bridgeline Digital Several hedge funds and other institutional investors have recently added to or reduced their stakes in BLIN. Geode Capital Management LLC grew its holdings in Bridgeline Digital by 33.
8% during the fourth quarter. Geode Capital Management LLC now owns 90,340 shares of the software maker’s stock valued at $143,000 after purchasing an additional 22,806 shares during the last quarter. Renaissance Technologies LLC raised its stake in Bridgeline Digital by 27.
7% during the 4th quarter. Renaissance Technologies LLC now owns 130,904 shares of the software maker’s stock valued at $207,000 after purchasing an additional 28,375 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Bridgeline Digital during the 4th quarter valued at $31,000.
Institutional investors and hedge funds own 15.08% of the company’s stock. Bridgeline Digital Company Profile ( Get Free Report ) Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally.
The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO. See Also Receive News & Ratings for Bridgeline Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgeline Digital and related companies with MarketBeat.com's FREE daily email newsletter .
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