Bridgeline Digital, Inc. (NASDAQ:BLIN - Get Free Report) Director Joni Kahn purchased 6,579 shares of the company's stock in a transaction on Wednesday, March 26th. The stock was purchased at an average price of $1.52 per share, for a total transaction of $10,000.08. Following the purchase, the director now directly owns 6,579 shares of the company's stock, valued at $10,000.08. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Bridgeline Digital Trading Up 0.7 %
Bridgeline Digital stock opened at $1.47 on Friday. Bridgeline Digital, Inc. has a 12-month low of $0.76 and a 12-month high of $2.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $15.35 million, a PE ratio of -7.74 and a beta of 1.85. The firm has a 50 day simple moving average of $1.62 and a 200-day simple moving average of $1.40.
Bridgeline Digital (NASDAQ:BLIN - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.01). Bridgeline Digital had a negative net margin of 12.82% and a negative return on equity of 15.38%. As a group, equities research analysts expect that Bridgeline Digital, Inc. will post -0.15 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts have weighed in on BLIN shares. StockNews.com raised Bridgeline Digital from a "hold" rating to a "buy" rating in a research note on Wednesday, February 19th. Westpark Capital upgraded shares of Bridgeline Digital from a "hold" rating to a "buy" rating and set a $4.62 price objective on the stock in a research note on Friday, February 14th.
Get Our Latest Report on BLIN
Institutional Investors Weigh In On Bridgeline Digital
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of Bridgeline Digital during the 4th quarter valued at about $31,000. Geode Capital Management LLC lifted its stake 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. Finally, Renaissance Technologies LLC boosted its holdings in Bridgeline Digital by 27.7% during the fourth quarter. Renaissance Technologies LLC now owns 130,904 shares of the software maker's stock worth $207,000 after buying an additional 28,375 shares in the last quarter. 15.08% of the stock is currently owned by institutional investors.
About Bridgeline Digital
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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.
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