1 week Ago By Defense World Staff
Brightcove Inc. ( NASDAQ:BCOV – Get Free Report ) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 200,100 shares, a drop of 5.
1% from the November 30th total of 210,900 shares. Based on an average daily trading volume, of 499,100 shares, the days-to-cover ratio is presently 0.4 days.
Brightcove Stock Down 0.2 % BCOV stock opened at $4.35 on Thursday.
The business has a 50 day moving average price of $3.59 and a two-hundred day moving average price of $2.71.
The company has a market cap of $196.34 million, a price-to-earnings ratio of -20.71 and a beta of 1.
02. Brightcove has a twelve month low of $1.55 and a twelve month high of $4.
40. Analyst Ratings Changes A number of equities research analysts recently issued reports on the company. StockNews.
com assumed coverage on Brightcove in a research report on Thursday, December 26th. They issued a “buy” rating on the stock. Rosenblatt Securities reissued a “neutral” rating and issued a $4.
45 target price (down previously from $5.00) on shares of Brightcove in a research report on Monday, November 25th. Finally, Lake Street Capital lowered Brightcove from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th.
Institutional Inflows and Outflows Hedge funds have recently bought and sold shares of the stock. First Eagle Investment Management LLC grew its stake in Brightcove by 81.4% in the second quarter.
First Eagle Investment Management LLC now owns 600,334 shares of the software maker’s stock valued at $1,423,000 after purchasing an additional 269,302 shares in the last quarter. Edenbrook Capital LLC boosted its stake in shares of Brightcove by 1.8% during the 3rd quarter.
Edenbrook Capital LLC now owns 6,651,535 shares of the software maker’s stock worth $14,367,000 after acquiring an additional 120,121 shares during the period. P.A.
W. Capital Corp bought a new position in shares of Brightcove during the 3rd quarter worth approximately $540,000. Point72 Asia Singapore Pte.
Ltd. bought a new position in shares of Brightcove during the 2nd quarter worth approximately $142,000. Finally, Nantahala Capital Management LLC bought a new position in shares of Brightcove during the 2nd quarter worth approximately $3,114,000.
80.12% of the stock is currently owned by institutional investors. Brightcove Company Profile ( Get Free Report ) Brightcove Inc provides cloud-based streaming services the Americas, Europe, the Asia Pacific, Japan, India, and the Middle East.
It offers Video Cloud, an online video streaming platform that enables its customers to publish, deliver, and distribute high-quality video to internet-connected devices. The company’s solutions and products comprise Brightcove Marketing Studio, a video streaming solution; Brightcove Communications Studio for marketers and corporate communications professionals; Brightcove Media Studio, a solution for over-the-top (OTT) video services, media publishers, and leading broadcasters to monetize their media, live stream at scale, and nurture their audience lifecycle; Brightcove Audience Insights, a customer data platform for video streaming businesses; Zencoder, a cloud-based video encoding service; and Brightcove Beacon, a platform that enables its customers to launch premium OTT video streaming experiences, as well as Brightcove Marketplace. Featured Articles Five stocks we like better than Brightcove Stock Splits, Do They Really Impact Investors? Work and Play: Investing in the Rise of Bleisure Travel How to Calculate Retirement Income: MarketBeat’s Calculator Top Dividend Stocks to Buy Now as Bond Yields Could Lower What is a Bond Market Holiday? How to Invest and Trade SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Brightcove Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brightcove and related companies with MarketBeat.
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