BigCommerce HoldingsBIGC
About: BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which majority of revenue is generated from Americas-U.S.
Employees: 1,321
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
8% more capital invested
Capital invested by funds: $514M [Q1] → $556M (+$41.8M) [Q2]
8% less funds holding
Funds holding: 165 [Q1] → 152 (-13) [Q2]
8.16% less ownership
Funds ownership: 97.46% [Q1] → 89.31% (-8.16%) [Q2]
30% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 44
77% less call options, than puts
Call options by funds: $749K | Put options by funds: $3.26M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Stifel Parker Lane 56% 1-year accuracy 24 / 43 met price target | 41%upside $8 | Buy Maintained | 3 Oct 2024 |
Needham Scott Berg 39% 1-year accuracy 53 / 135 met price target | 146%upside $14 | Buy Reiterated | 3 Oct 2024 |
B of A Securities Koji Ikeda 75% 1-year accuracy 15 / 20 met price target | 5%upside $6 | Underperform Maintained | 29 Aug 2024 |
Needham Scott Berg 39% 1-year accuracy 53 / 135 met price target | 146%upside $14 | Buy Reiterated | 28 Aug 2024 |
Financial journalist opinion
Based on 6 articles about BIGC published over the past 30 days