Top 5 Stocks for 2022 According To Chet Kapoor’s Tenzing Global Investors

4. Brightcove Inc. (NASDAQ:BCOV)

Former Brightcove Inc (NASDAQ:BCOV) board member Chet Kapoor remains an investor in the cloud-based video distribution platform despite his 2017 resignation from the said board, which resulted from a reported disagreement over the board’s composition and the company’s governance structure. Tenzing Global owned 3.5 million BCOV shares on September 30, selling a net total of 500,000 during the quarter and has been a shareholder of the company since Q4 of 2016.

Brightcove Inc (NASDAQ:BCOV)’s leadership instability has loomed large in the stock’s recent disappointing results, with shares down by over 50% during the last year as CEO Jeff Ray is scheduled to retire at the end of 2022. Weak guidance for the fourth quarter also dented the stock’s performance in recent weeks, as the company predicted between $51 and $52 million of revenue and 0.02 to $0.04 in earnings per share, figures which would both represent small declines from a year earlier.

Brightcove Inc (NASDAQ:BCOV) just announced that it has acquired audience insights company Wicker Labs, which will further augment Brightcove’s video analytics capabilities, which provide real-time engagement feedback to streamers.