BIGC stock icon

BigCommerce Holdings
BIGC

$6.23
1.96%

Market Cap: $484M

 

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

0
Funds holding %
of 6,710 funds
0
Analysts bullish %
of 4 analysts

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: $468M [Q1] → $504M (+$35.7M) [Q2]

7.8% less ownership

Funds ownership: 88.7% [Q1] → 80.9% (-7.8%) [Q2]

8% less funds holding

Funds holding: 165 [Q1] → 152 (-13) [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

Low target
$6
4%
downside
Avg. target
$10.25
65%
upside
High target
$14
125%
upside

4 analyst ratings

positive
50%
neutral
25%
negative
25%
B of A Securities
Koji Ikeda
76% 1-year accuracy
13 / 17 met price target
4%downside
$6
Underperform
Maintained
29 Aug 2024
Needham
Scott Berg
37% 1-year accuracy
48 / 130 met price target
125%upside
$14
Buy
Reiterated
28 Aug 2024
Barclays
Ramsey El-Assal
68% 1-year accuracy
25 / 37 met price target
12%upside
$7
Equal-Weight
Maintained
5 Aug 2024
Needham
Scott Berg
37% 1-year accuracy
48 / 130 met price target
125%upside
$14
Buy
Reiterated
2 Aug 2024

Financial journalist opinion

Based on 5 articles about BIGC published over the past 30 days