139,598 Shares in BigCommerce Holdings, Inc. (NASDAQ:BIGC) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in shares of BigCommerce Holdings, Inc. (NASDAQ:BIGC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 139,598 shares of the company's stock, valued at approximately $854,000. Susquehanna Fundamental Investments LLC owned about 0.18% of BigCommerce as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. MetLife Investment Management LLC lifted its stake in shares of BigCommerce by 10.0% in the fourth quarter. MetLife Investment Management LLC now owns 42,984 shares of the company's stock worth $263,000 after acquiring an additional 3,893 shares during the period. New York State Common Retirement Fund grew its stake in shares of BigCommerce by 105.3% during the 4th quarter. New York State Common Retirement Fund now owns 8,579 shares of the company's stock valued at $53,000 after purchasing an additional 4,400 shares during the period. LPL Financial LLC raised its holdings in shares of BigCommerce by 12.4% during the 4th quarter. LPL Financial LLC now owns 44,464 shares of the company's stock worth $272,000 after acquiring an additional 4,892 shares in the last quarter. Virtu Financial LLC boosted its holdings in shares of BigCommerce by 56.9% in the fourth quarter. Virtu Financial LLC now owns 16,333 shares of the company's stock valued at $100,000 after purchasing an additional 5,926 shares during the period. Finally, Headlands Technologies LLC increased its stake in BigCommerce by 260.5% during the 4th quarter. Headlands Technologies LLC now owns 9,938 shares of the company's stock valued at $61,000 after purchasing an additional 7,181 shares in the last quarter. 79.21% of the stock is owned by institutional investors.

BigCommerce Stock Up 2.1 %

BIGC stock traded up $0.11 during midday trading on Thursday, hitting $5.31. The company's stock had a trading volume of 245,058 shares, compared to its average volume of 877,289. BigCommerce Holdings, Inc. has a 12 month low of $4.85 and a 12 month high of $8.60. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 7.48. The company has a market cap of $417.37 million, a PE ratio of -15.17 and a beta of 1.18. The firm's 50-day moving average is $5.62 and its 200-day moving average is $6.16.

BigCommerce (NASDAQ:BIGC - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. BigCommerce had a negative return on equity of 52.65% and a negative net margin of 8.12%. The business's revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 EPS. On average, equities research analysts forecast that BigCommerce Holdings, Inc. will post -0.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $10.00 target price on shares of BigCommerce in a research note on Wednesday, March 12th. Barclays decreased their target price on BigCommerce from $7.00 to $6.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. Finally, Morgan Stanley decreased their price objective on shares of BigCommerce from $8.00 to $7.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $7.40.

Insider Buying and Selling at BigCommerce

In other news, Director Ellen F. Siminoff bought 177,158 shares of the company's stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of $6.64 per share, for a total transaction of $1,176,329.12. Following the completion of the transaction, the director now directly owns 253,333 shares in the company, valued at $1,682,131.12. The trade was a 232.57 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 4.99% of the stock is currently owned by corporate insiders.

BigCommerce Company Profile

BigCommerce Holdings, Inc operates a software-as-a-service platform for enterprises, small businesses, and mid-markets in the United States, North and South America, Europe, the Middle East, Africa, and the AsiaPacific. The company provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services.