Zacks Investment Research upgraded shares of Bridgeline Digital, Inc. (NASDAQ:BLIN) from a hold rating to a buy rating in a research note published on Monday, June 5th. The firm currently has $0.75 price target on the software maker’s stock.
According to Zacks, “Bridgeline Digital, Inc. is a digital engagement company. The Company’s Bridgeline’s iAPPS platform integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics. The iAPPS suite of products include iAPPS Content Manager, iAPPS Commerce, iAPPS Marketier, iAPPS Analyzer, iAPPSds and iAPPS Social. Bridgeline Digital, Inc., formerly known as Bridgeline Software, Inc., is based in Burlington, Massachusetts. “
Shares of Bridgeline Digital (BLIN) traded down 2.1186% during trading on Monday, reaching $0.5775. 6,818 shares of the company’s stock were exchanged. The stock’s market capitalization is $12.11 million. The company’s 50-day moving average is $0.67 and its 200 day moving average is $0.71. Bridgeline Digital has a 52 week low of $0.43 and a 52 week high of $1.58.
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In other Bridgeline Digital news, insider Roger E. Kahn bought 62,730 shares of the company’s stock in a transaction dated Friday, June 9th. The shares were bought at an average price of $0.60 per share, for a total transaction of $37,638.00. Following the acquisition, the insider now directly owns 605,574 shares of the company’s stock, valued at $363,344.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 33.83% of the stock is owned by corporate insiders.
Bridgeline Digital Company Profile
Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.
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