BigCommerce Holdings Inc (NASDAQ: BIGC) is -37.20% lower on its value in year-to-date trading and has touched a low of $5.35 and a high of $10.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BIGC stock was last observed hovering at around $6.11 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $6.11, the stock is 4.79% and -7.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 0.00% at the moment leaves the stock -18.84% off its SMA200. BIGC registered -40.27% loss for a year compared to 6-month loss of -16.98%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 3.38% gain in the last 1 month and extending the period to 3 months gives it a -17.77%, and is 7.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.77% over the week and 3.86% over the month.
BigCommerce Holdings Inc (BIGC) has around 1321 employees, a market worth around $475.05M and $324.38M in sales. Fwd P/E is 24.44. Profit margin for the company is -12.68%. Distance from 52-week low is 14.29% and -41.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.03%).
BigCommerce Holdings Inc quarterly earnings per share for the current quarter are estimated at 0.02 with sales reaching $83.13M over the same period.The EPS is expected to grow by 615.15% this year, but quarterly earnings will post 7.70% year-over-year. Quarterly sales are estimated to grow 6.50% in year-over-year returns.
230.0 institutions hold shares in BigCommerce Holdings Inc (BIGC), with institutional investors hold 99.27% of the company’s shares. The shares outstanding are 76.41M, and float is at 62.46M with Short Float at 14.44%. Institutions hold 82.80% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.73 million shares valued at $86.5 million. The investor’s holdings represent 14.0056 of the BIGC Shares outstanding. As of 2024-06-30, the second largest holder is CADIAN CAPITAL MANAGEMENT, LP with 6.85 million shares valued at $55.23 million to account for 8.9433 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 6.5 million shares representing 8.4817 and valued at over $52.38 million, while BLACKROCK INC. holds 6.9721 of the shares totaling 5.34 million with a market value of $43.06 million.
BigCommerce Holdings Inc (BIGC) Insider Activity
The most recent transaction is an insider sale by Richards Jeffrey Gordon, the company’s Director. SEC filings show that Richards Jeffrey Gordon sold 76,571 shares of the company’s common stock on Aug 13 ’24 at a price of $5.61 per share for a total of $0.43 million. Following the sale, the insider now owns 7192.0 shares.
BigCommerce Holdings Inc disclosed in a document filed with the SEC on Aug 14 ’24 that Richards Jeffrey Gordon (Director) sold a total of 53,718 shares of the company’s common stock. The trade occurred on Aug 14 ’24 and was made at $5.46 per share for $0.29 million. Following the transaction, the insider now directly holds 5291.0 shares of the BIGC stock.
Still, SEC filings show that on Aug 14 ’24, GGV CAP V ENTREPRENEURS FD LP (Director) Proposed Sale 1,901 shares at an average price of $5.46 for $10385.0. The insider now directly holds shares of BigCommerce Holdings Inc (BIGC).
