Brightcove Inc (NASDAQ:BCOV) Stock Price Gains While Sentiment Increases

Sentiment for Brightcove Inc (NASDAQ:BCOV)

Brightcove Inc (NASDAQ:BCOV) institutional sentiment increased to 1.37 in 2015 Q3. Its up 0.41, from 0.96 in 2015Q2. The ratio has increased, as 43 funds increased or opened new positions, while 45 reduced and sold equity positions in Brightcove Inc. The funds in our partner’s database now own: 25.83 million shares, up from 17.77 million shares in 2015Q2. Also, the number of funds holding Brightcove Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 33 Increased: 28 New Position: 15.

Brightcove Inc. is a provider of cloud services for video. The company has a market cap of $198.20 million. The Company’s flagship product Brightcove Video Cloud (or) Video Cloud is the online video platform which enables its clients to publish and distribute video to Internet-connected devices. It currently has negative earnings. The Company’s other services and products include Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Gallery (Gallery), Brightcove Perform (Perform) and Brightcove Video Marketing Suite (Video Marketing Suite).

It is down 18.40% since September 1, 2015 and is uptrending. It has outperformed by 11.70% the S&P500.

Analysts await Brightcove Inc (NASDAQ:BCOV) to reports earnings on May, 5. They expect $-0.05 EPS, up 28.57% or $0.02 from last year’s $-0.07 per share.

According to Zacks Investment Research, “Brightcove Inc. is engaged in providing cloud content services for publishing and distributing professional digital media. Its products include Brightcove Video Cloud, an online video platform and Brightcove App Cloud, a software application development and management platform. The Company provides its solutions to media, retail, technology, financial services companies, governments, educational institutions, and non-profit organizations in North America, Europe, and the Asia Pacific. Brightcove Inc. is headquartered in Cambridge, Massachusetts.”

Omt Capital Management Llc holds 1.93% of its portfolio in Brightcove Inc for 322,180 shares. Awm Investment Company Inc. owns 1.93 million shares or 1.84% of their US portfolio. Moreover, Herald Investment Management Ltd has 1.03% invested in the company for 471,000 shares. The Arkansas-based Horrell Capital Management Inc. has invested 0.75% in the stock. Nantahala Capital Management Llc, a Connecticut-based fund reported 994,064 shares.#img1#

Ratings analysis reveals 50% of Brightcove’s analysts are positive. Out of 3 Wall Street analysts rating Brightcove, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. BCOV was included in 2 notes of analysts from July 31, 2015. Ladenburg Thalmann initiated the shares of Brightcove in a note on March 22 with “Buy” rating.

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