BigCommerce Holdings (BIGC) Receives a Hold from Barclays

Barclays analyst Raimo Lenschow maintained a Hold rating on BigCommerce Holdings (BIGC – Research Report) today and set a price target of $7.00. The company’s shares closed last Friday at $6.21.

According to TipRanks, Lenschow is a 4-star analyst with an average return of 3.6% and a 50.10% success rate. Lenschow covers the Technology sector, focusing on stocks such as Microsoft, Teradata, and Paycom.

The word on The Street in general, suggests a Hold analyst consensus rating for BigCommerce Holdings with a $9.90 average price target.

The company has a one-year high of $12.75 and a one-year low of $6.13. Currently, BigCommerce Holdings has an average volume of 667.9K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BIGC in relation to earlier this year.

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BigCommerce Holdings (BIGC) Company Description:

BigCommerce Holdings Inc is a new era of ecommerce. Its software-as-a-service (SaaS) platform simplifies the creation of beautiful, engaging online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. The company powers both its customers’ branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems.