Brightcove (BCOV) News Today

StockNews.com raised Brightcove from a "hold" rating to a "buy" rating in a research report on Thursday.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 126,500 shares, a drop of 22.6% from the July 31st total of 163,500 shares. Based on an average daily volume of 308,600 shares, the short-interest ratio is presently 0.4 days.

StockNews.com cut Brightcove from a "buy" rating to a "hold" rating in a report on Monday.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 163,500 shares, a growth of 68.4% from the July 15th total of 97,100 shares. Based on an average daily trading volume, of 315,500 shares, the days-to-cover ratio is currently 0.5 days.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) major shareholder Edenbrook Capital, Llc bought 20,000 shares of Brightcove stock in a transaction dated Monday, August 12th. The shares were purchased at an average cost of $1.98 per share, for a total transaction of $39,600.00. Following the completion of the transaction, the insider now owns 6,581,414 shares of the company's stock, valued at approximately $13,031,199.72. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

Brightcove (NASDAQ:BCOV) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of -0.050--0.030 for the period, compared to the consensus estimate of -0.050. The company also issued revenue guidance of $48.0 millionillion-$49.0 millionillion, compared to the consensus estimate of $48.0 millionillion.

StockNews.com downgraded shares of Brightcove from a "strong-buy" rating to a "buy" rating in a report on Monday.

Brightcove (NASDAQ:BCOV) will be releasing earnings after the market closes on Wednesday, August 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=612338)

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 97,100 shares, a decrease of 92.5% from the June 30th total of 1,290,000 shares. Based on an average daily volume of 319,800 shares, the short-interest ratio is presently 0.3 days.

First Eagle Investment Management LLC acquired a new position in Brightcove Inc. (NASDAQ:BCOV - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 331,032 shares of the software maker's stock,

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 1,580,000 shares, a decline of 5.4% from the May 15th total of 1,670,000 shares. Based on an average daily trading volume, of 215,000 shares, the days-to-cover ratio is presently 7.3 days.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) major shareholder Edenbrook Capital, Llc bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, June 10th. The shares were purchased at an average cost of $2.02 per share, with a total value of $10,100.00. Following the purchase, the insider now directly owns 6,523,333 shares of the company's stock, valued at $13,177,132.66. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

Trigran Investments Inc. lessened its holdings in Brightcove Inc. (NASDAQ:BCOV - Free Report) by 31.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,498,306 shares of the soft

Brightcove (NASDAQ:BCOV) updated its second quarter 2024 earnings guidance. The company provided EPS guidance of -0.050--0.030 for the period, compared to the consensus estimate of -0.030. The company also issued revenue guidance of $47.5 millionillion-$48.5 millionillion, compared to the consensus estimate of $48.5 millionillion.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,660,000 shares, an increase of 7.1% from the March 31st total of 1,550,000 shares. Based on an average trading volume of 226,000 shares, the short-interest ratio is currently 7.3 days.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) major shareholder Edenbrook Capital, Llc purchased 10,000 shares of the firm's stock in a transaction on Monday, April 15th. The shares were purchased at an average price of $1.68 per share, with a total value of $16,800.00. Following the completion of the acquisition, the insider now directly owns 6,465,802 shares of the company's stock, valued at $10,862,547.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Brightcove Inc. (NASDAQ:BCOV - Get Free Report) major shareholder Edenbrook Capital, Llc purchased 6,351 shares of Brightcove stock in a transaction dated Friday, April 12th. The stock was bought at an average price of $1.70 per share, for a total transaction of $10,796.70. Following the completion of the purchase, the insider now owns 6,455,802 shares in the company, valued at approximately $10,974,863.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.