In a recent 13G filing with the US Securities and Exchange Commission, Amish Mehta‘s SQN Investors reported holding 4.36 million shares of Bazaarvoice Inc (NASDAQ:BV), which account for 5.3% of the company’s outstanding stock. This represents a slight increase compared to 3.94 million shares SQN Investors disclosed in its latest 13F filing (for the end of March).
Bazaarvoice (NASDAQ:BV) is a network company that, through its solutions and platforms, connects retailers, brands and consumers. Over the past 12 months, the company’s shares have dropped by 38.97%. In April, B. Riley reiterated its ‘Buy’ rating on Bazaarvoice’s stock, with a price target of $8.00.
According to Insider Monkey’s database, the number of hedge funds supporting Bazaarvoice (NASDAQ:BV) slightly decreased and eight investors reported long position in this stock as of the end of December, versus 11 funds a quarter earlier. Robert G. Moses’ RGM Capital disclosed the biggest position, worth around $31.7 million, and Michael Murphy’s Discovery Group held a position worth about $22.7. Remaining investors long the stock are Anand Parekh’s Alyeska Investment Group, Peter S. Park’s Park West Asset Management, Jonathan Lennon’s Pleasant Lake Partners, Scott Fine and Peter Richards’s Empire Capital Management, Ahmet Okumus’s Okumus Fund Management, and Jack Ripsteen’s Potrero Capital Research
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|SQN Investors (GP)||0||4,356,983||0||4,356,983||4,356,983||5.3%|
|SQN Partners (GP)||0||4,356,983||0||4,356,983||4,356,983||5.3%|
|SQN Investors Master Fund||0||4,356,983||0||4,356,983||4,356,983||5.3%|
Page 1 of 10 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
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