Andrew Miles Snyder Sells 42,500 Shares of Blucora Inc (BCOR) Stock

Blucora Inc (NASDAQ:BCOR) Director Andrew Miles Snyder sold 42,500 shares of the stock in a transaction on Thursday, April 20th. The shares were sold at an average price of $17.13, for a total transaction of $728,025.00. Following the completion of the transaction, the director now owns 43,910 shares of the company’s stock, valued at approximately $752,178.30. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Andrew Miles Snyder also recently made the following trade(s):

  • On Tuesday, May 16th, Andrew Miles Snyder sold 79,030 shares of Blucora stock. The stock was sold at an average price of $21.24, for a total transaction of $1,678,597.20.
  • On Monday, May 8th, Andrew Miles Snyder sold 60,000 shares of Blucora stock. The stock was sold at an average price of $19.89, for a total transaction of $1,193,400.00.
  • On Wednesday, May 3rd, Andrew Miles Snyder sold 46,195 shares of Blucora stock. The stock was sold at an average price of $18.85, for a total transaction of $870,775.75.
  • On Friday, April 28th, Andrew Miles Snyder sold 45,000 shares of Blucora stock. The stock was sold at an average price of $18.24, for a total transaction of $820,800.00.
  • On Tuesday, April 25th, Andrew Miles Snyder sold 45,000 shares of Blucora stock. The stock was sold at an average price of $17.67, for a total transaction of $795,150.00.
  • On Monday, April 17th, Andrew Miles Snyder sold 30,000 shares of Blucora stock. The stock was sold at an average price of $17.05, for a total transaction of $511,500.00.
  • On Wednesday, April 12th, Andrew Miles Snyder sold 28,700 shares of Blucora stock. The stock was sold at an average price of $17.02, for a total transaction of $488,474.00.
  • On Monday, April 10th, Andrew Miles Snyder sold 42,500 shares of Blucora stock. The shares were sold at an average price of $17.28, for a total transaction of $734,400.00.
  • On Wednesday, April 5th, Andrew Miles Snyder sold 40,800 shares of Blucora stock. The shares were sold at an average price of $17.40, for a total transaction of $709,920.00.
  • On Friday, March 31st, Andrew Miles Snyder sold 36,320 shares of Blucora stock. The shares were sold at an average price of $17.52, for a total transaction of $636,326.40.

Shares of Blucora Inc (NASDAQ:BCOR) opened at 20.55 on Friday. The firm’s market capitalization is $883.22 million. The firm’s 50-day moving average is $18.70 and its 200 day moving average is $16.03. Blucora Inc has a one year low of $8.11 and a one year high of $21.75.

Blucora (NASDAQ:BCOR) last issued its quarterly earnings results on Thursday, May 4th. The information services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.09. The business had revenue of $182.40 million during the quarter, compared to analysts’ expectations of $179.29 million. Blucora had a positive return on equity of 3.38% and a negative net margin of 27.61%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.94 earnings per share. Equities research analysts predict that Blucora Inc will post $1.38 earnings per share for the current year.

Insider Buying and Selling by Quarter for Blucora (NASDAQ:BCOR)

WARNING: “Andrew Miles Snyder Sells 42,500 Shares of Blucora Inc (BCOR) Stock” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The original version of this news story can be accessed at https://sportsperspectives.com/2017/05/20/insider-selling-blucora-inc-bcor-director-sells-42500-shares-of-stock-updated-updated-updated.html.

Several research analysts have recently issued reports on the stock. Craig Hallum reaffirmed a “buy” rating on shares of Blucora in a research note on Thursday, May 4th. Benchmark Co. raised their target price on shares of Blucora from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, May 5th. Barrington Research lifted their price objective on shares of Blucora from $20.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, May 5th. Zacks Investment Research raised shares of Blucora from a “strong sell” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Tuesday, April 25th. Finally, Standpoint Research lowered shares of Blucora from a “buy” rating to a “hold” rating in a research note on Friday, March 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $23.00.

A number of hedge funds have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan boosted its stake in shares of Blucora by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 9,200 shares of the information services provider’s stock worth $103,000 after buying an additional 130 shares during the last quarter. Aperio Group LLC bought a new stake in shares of Blucora during the third quarter worth approximately $121,000. Mason Street Advisors LLC boosted its stake in shares of Blucora by 8.0% in the first quarter. Mason Street Advisors LLC now owns 9,054 shares of the information services provider’s stock worth $157,000 after buying an additional 667 shares during the last quarter. Bayesian Capital Management LP bought a new stake in shares of Blucora during the fourth quarter worth approximately $158,000. Finally, Alambic Investment Management L.P. bought a new stake in shares of Blucora during the third quarter worth approximately $161,000. Institutional investors and hedge funds own 82.04% of the company’s stock.

Blucora Company Profile

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

12 Month Chart for NASDAQ:BCOR

Receive News & Ratings for Blucora Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blucora Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply