Penserra Capital Management LLC cut its holdings in shares of Bigcommerce Holdings, Inc. (NASDAQ:BIGC – Free Report) by 9.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 665,112 shares of the company’s stock after selling 69,538 shares during the period. Penserra Capital Management LLC owned 0.83% of Bigcommerce worth $3,325,000 as of its most recent SEC filing.
Separately, Savant Capital LLC increased its holdings in shares of Bigcommerce by 66.2% in the 2nd quarter. Savant Capital LLC now owns 16,717 shares of the company’s stock valued at $84,000 after acquiring an additional 6,661 shares during the period. 79.21% of the stock is owned by institutional investors.
Bigcommerce Price Performance
BIGC opened at $4.62 on Monday. The stock has a market cap of $370.05 million, a price-to-earnings ratio of -21.00 and a beta of 1.15. The company’s 50-day moving average price is $4.77.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on BIGC
Bigcommerce Company Profile
BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company’s platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.
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