7 hours Ago By Defense World Staff
Geode Capital Management LLC raised its position in Brightcove Inc. ( NASDAQ:BCOV – Free Report ) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 490,700 shares of the software maker’s stock after buying an additional 2,425 shares during the period. Geode Capital Management LLC owned approximately 1.08% of Brightcove worth $2,135,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Brightcove by 99.
3% in the third quarter. JPMorgan Chase & Co. now owns 30,689 shares of the software maker’s stock valued at $66,000 after purchasing an additional 15,291 shares during the last quarter.
R Squared Ltd purchased a new position in shares of Brightcove during the 4th quarter valued at approximately $90,000. ABC Arbitrage SA acquired a new stake in shares of Brightcove during the fourth quarter worth approximately $1,038,000. AMH Equity Ltd increased its stake in shares of Brightcove by 1.
5% in the fourth quarter. AMH Equity Ltd now owns 507,513 shares of the software maker’s stock worth $2,208,000 after buying an additional 7,513 shares during the last quarter. Finally, Bailard Inc.
acquired a new stake in Brightcove in the fourth quarter valued at $156,000. 80.12% of the stock is currently owned by institutional investors and hedge funds.
Brightcove Price Performance NASDAQ:BCOV opened at $4.45 on Wednesday. The firm has a market capitalization of $202.
12 million, a P/E ratio of -21.19 and a beta of 1.01.
The business has a 50 day simple moving average of $4.45 and a 200 day simple moving average of $4.02.
Brightcove Inc. has a 12-month low of $1.62 and a 12-month high of $4.
46. Wall Street Analysts Forecast Growth Get Our Latest Research Report on Brightcove Brightcove Profile ( 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. Read More Five stocks we like better than Brightcove What is a Dividend Harvesting Strategy and How Can Investors Profit from it? Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet The Basics of Support and Resistance Coca-Cola Company Stock Can Bubble to New Highs This Year Roth IRA Calculator: Calculate Your Potential Returns 3 Stocks Lifting 2025 Guidance Despite Market Jitters 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.com's FREE daily email newsletter .
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