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 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
3% more funds holding
Funds holding: 151 [Q2] → 155 (+4) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 48
14.81% less ownership
Funds ownership: 89.45% [Q2] → 74.64% (-14.81%) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
39% less capital invested
Capital invested by funds: $557M [Q2] → $339M (-$218M) [Q3]
78% less call options, than puts
Call options by funds: $381K | Put options by funds: $1.74M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Raimo Lenschow 57% 1-year accuracy 48 / 84 met price target | 14%upside $7 | Underweight Downgraded | 10 Jan 2025 |
Needham Scott Berg 60% 1-year accuracy 96 / 159 met price target | 63%upside $10 | Buy Reiterated | 9 Dec 2024 |
Barclays Ramsey El-Assal 63% 1-year accuracy 32 / 51 met price target | 31%upside $8 | Equal-Weight Maintained | 6 Dec 2024 |