BigCommerce Holdings Inc (NASDAQ: BIGC) is -22.61% lower on its value in year-to-date trading and has touched a low of $5.12 and a high of $10.19 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 $7.65 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $7.53, the stock is 11.20% and 24.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing -1.57% at the moment leaves the stock 11.41% off its SMA200. BIGC registered -18.51% loss for a year compared to 6-month loss of -6.81%. The firm has a 50-day simple moving average (SMA 50) of $6.0278 and a 200-day simple moving average (SMA200) of $6.7622.
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The stock witnessed a 42.61% gain in the last 1 month and extending the period to 3 months gives it a 28.50%, and is 1.62% 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 4.92% over the week and 6.00% over the month.
BigCommerce Holdings Inc (BIGC) has around 1321 employees, a market worth around $590.20M and $330.05M in sales. Fwd P/E is 26.81. Profit margin for the company is -8.43%. Distance from 52-week low is 46.93% and -26.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.22%).
The EPS is expected to grow by 693.94% this year
228.0 institutions hold shares in BigCommerce Holdings Inc (BIGC), with institutional investors hold 91.00% of the company’s shares. The shares outstanding are 78.35M, and float is at 63.05M with Short Float at 12.44%. Institutions hold 76.01% 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).
