KeyBanc analyst Justin Patterson maintained a Hold rating on BigCommerce Holdings (BIGC – Research Report) today. The company’s shares closed yesterday at $7.53.
According to TipRanks, Patterson is a 4-star analyst with an average return of 7.4% and a 48.02% success rate. Patterson covers the Communication Services sector, focusing on stocks such as NerdWallet, Inc. Class A, Match Group, and Meta Platforms.
Currently, the analyst consensus on BigCommerce Holdings is a Hold with an average price target of $9.50, implying a 26.16% upside from current levels. In a report released on May 8, Barclays also assigned a Hold rating to the stock with a $7.00 price target.
The company has a one-year high of $12.75 and a one-year low of $5.62. Currently, BigCommerce Holdings has an average volume of 819.6K.
Based on the recent corporate insider activity of 52 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
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