Vanguard Group Inc. Has $500,000 Stock Holdings in Bridgeline Digital, Inc. (NASDAQ:BLIN)

Vanguard Group Inc. lessened its holdings in Bridgeline Digital, Inc. (NASDAQ:BLIN) by 2.1% during the third quarter, HoldingsChannel reports. The firm owned 601,701 shares of the software maker’s stock after selling 12,703 shares during the quarter. Vanguard Group Inc. owned 0.06% of Bridgeline Digital worth $500,000 at the end of the most recent reporting period.

Separately, Renaissance Technologies LLC boosted its holdings in shares of Bridgeline Digital by 28.5% in the 1st quarter. Renaissance Technologies LLC now owns 326,200 shares of the software maker’s stock valued at $623,000 after purchasing an additional 72,341 shares in the last quarter. 15.08% of the stock is currently owned by institutional investors and hedge funds.

Bridgeline Digital Stock Performance

Shares of BLIN stock opened at $1.28 on Tuesday. The stock’s fifty day moving average price is $1.06 and its two-hundred day moving average price is $0.88. The company has a market cap of $13.34 million, a PE ratio of -1.35 and a beta of 2.10. Bridgeline Digital, Inc. has a fifty-two week low of $0.70 and a fifty-two week high of $1.43. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.71 and a current ratio of 0.71.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Wednesday, February 14th. The software maker reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06). Bridgeline Digital had a negative return on equity of 64.91% and a negative net margin of 64.13%. The firm had revenue of $3.76 million for the quarter, compared to the consensus estimate of $3.78 million. Equities analysts predict that Bridgeline Digital, Inc. will post -0.2 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Bridgeline Digital in a report on Saturday. They issued a “hold” rating on the stock.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.