Are Analysts Bullish Brightcove Inc. (NASDAQ:BCOV) After Last Week?

May 26, 2018 - By Hazel Jackson

Brightcove Inc. (NASDAQ:BCOV) LogoInvestors sentiment increased to 0.94 in Q4 2017. Its up 0.02, from 0.92 in 2017Q3. It improved, as 7 investors sold Brightcove Inc. shares while 27 reduced holdings. 10 funds opened positions while 22 raised stakes. 19.84 million shares or 1.21% more from 19.60 million shares in 2017Q3 were reported.
Macquarie Gru has 4,500 shares for 0% of their portfolio. 43,300 are held by Raymond James And. Litespeed Limited Liability Co invested 7.42% of its portfolio in Brightcove Inc. (NASDAQ:BCOV). Stone Ridge Asset Mngmt Ltd Liability Corp has invested 0.03% in Brightcove Inc. (NASDAQ:BCOV). Bank & Trust Of America Corp De holds 0% or 4,041 shares. Strs Ohio owns 0% invested in Brightcove Inc. (NASDAQ:BCOV) for 31,500 shares. Cramer Rosenthal Mcglynn Ltd Co has invested 0.21% in Brightcove Inc. (NASDAQ:BCOV). Frontier Capital Mgmt Communication Ltd Liability Corporation holds 2.59 million shares or 0.13% of its portfolio. Barclays Plc stated it has 0% in Brightcove Inc. (NASDAQ:BCOV). Federated Invsts Inc Pa holds 0% or 1,066 shares. Moreover, Menta Cap Limited Liability Corporation has 0.03% invested in Brightcove Inc. (NASDAQ:BCOV). State Of New Jersey Common Pension Fund D stated it has 0% in Brightcove Inc. (NASDAQ:BCOV). Moreover, Sei Invs has 0% invested in Brightcove Inc. (NASDAQ:BCOV) for 34 shares. Bnp Paribas Arbitrage Sa holds 0% or 6,873 shares in its portfolio. Brandywine Trust invested in 0.42% or 69,756 shares.

Brightcove Inc. (NASDAQ:BCOV) Ratings Coverage

Among 3 analysts covering Brightcove Inc (NASDAQ:BCOV), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Brightcove Inc had 3 analyst reports since February 23, 2018 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, May 22 report. Northland Capital maintained it with “Buy” rating and $11.0 target in Friday, February 23 report. Below is a list of Brightcove Inc. (NASDAQ:BCOV) latest ratings and price target changes.

22/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $11 New Target: $13 Maintain
23/02/2018 Broker: Northland Capital Rating: Buy New Target: $11.0 Maintain
23/02/2018 Broker: FBR Capital Rating: Hold New Target: $7.7

The stock increased 5.53% or $0.55 during the last trading session, reaching $10.5. About 320,676 shares traded or 15.46% up from the average. Brightcove Inc. (NASDAQ:BCOV) has declined 21.47% since May 26, 2017 and is downtrending. It has underperformed by 33.02% the S&P500.

Brightcove Inc. provides cloud-based services for video. The company has market cap of $371.22 million. The firm primarily offers Video Cloud, an online video platform that enables its clients to publish and distribute video to Internet-connected devices. It currently has negative earnings. The Company’s Video Cloud platform offers various features and functionalities, such as uploading and encoding, content management, video player technology, multi-platform video experiences, live video streaming, distribution and syndication, social media, advertising and monetization, and analytics.

More news for Brightcove Inc. (NASDAQ:BCOV) were recently published by: Streetinsider.com, which released: “Brightcove (BCOV) Appoints Robert Noreck CFO” on May 03, 2018. Streetinsider.com‘s article titled: “Brightcove (BCOV) Tops Q1 EPS by 6c” and published on April 27, 2018 is yet another important article.

Brightcove Inc. (NASDAQ:BCOV) Institutional Positions Chart

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