Brightcove Inc. (NASDAQ:BCOV) Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd boosted its position in shares of Brightcove Inc. (NASDAQ:BCOV) by 87.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,610 shares of the software maker’s stock after purchasing an additional 35,360 shares during the period. Quadrature Capital Ltd owned approximately 0.17% of Brightcove worth $196,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC increased its position in shares of Brightcove by 22.2% in the 3rd quarter. Barclays PLC now owns 57,390 shares of the software maker’s stock worth $189,000 after purchasing an additional 10,420 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Brightcove by 79.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 152,387 shares of the software maker’s stock worth $501,000 after purchasing an additional 67,659 shares during the last quarter. 17 Capital Partners LLC bought a new stake in shares of Brightcove in the 4th quarter worth about $36,000. SG Americas Securities LLC increased its position in shares of Brightcove by 32.0% in the 4th quarter. SG Americas Securities LLC now owns 25,612 shares of the software maker’s stock worth $66,000 after purchasing an additional 6,210 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management bought a new stake in shares of Brightcove in the 4th quarter worth about $27,000. 80.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Brightcove from a “hold” rating to a “buy” rating in a report on Friday, March 22nd.

Brightcove Trading Up 0.9 %

Shares of NASDAQ:BCOV opened at $2.30 on Friday. The company has a 50 day moving average of $2.00 and a 200-day moving average of $2.12. The firm has a market cap of $102.53 million, a P/E ratio of -10.45 and a beta of 0.72. Brightcove Inc. has a twelve month low of $1.55 and a twelve month high of $4.56.

Brightcove (NASDAQ:BCOV) last issued its quarterly earnings results on Wednesday, May 8th. The software maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. Brightcove had a negative net margin of 4.74% and a negative return on equity of 7.87%. The company had revenue of $50.48 million during the quarter. Equities research analysts forecast that Brightcove Inc. will post -0.31 EPS for the current year.

Brightcove Company Profile

Brightcove Inc provides cloud-based streaming services the Americas, Europe, the Asia Pacific, Japan, India, and the Middle East. It offers Video Cloud, an online video streaming platform that enables its customers to publish, deliver, and distribute high-quality video to internet-connected devices. The company's solutions and products comprise Brightcove Marketing Studio, a video streaming solution; Brightcove Communications Studio for marketers and corporate communications professionals; Brightcove Media Studio, a solution for over-the-top (OTT) video services, media publishers, and leading broadcasters to monetize their media, live stream at scale, and nurture their audience lifecycle; Brightcove Audience Insights, a customer data platform for video streaming businesses; Zencoder, a cloud-based video encoding service; and Brightcove Beacon, a platform that enables its customers to launch premium OTT video streaming experiences, as well as Brightcove Marketplace.