375,198 Shares in BigCommerce Holdings, Inc. (NASDAQ:BIGC) Acquired by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC purchased a new position in shares of BigCommerce Holdings, Inc. (NASDAQ:BIGC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 375,198 shares of the company’s stock, valued at approximately $2,296,000. Rice Hall James & Associates LLC owned approximately 0.48% of BigCommerce as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in BIGC. Virtu Financial LLC purchased a new stake in BigCommerce in the 3rd quarter valued at $61,000. Sanctuary Advisors LLC purchased a new stake in BigCommerce in the 4th quarter valued at $66,000. HighTower Advisors LLC grew its holdings in BigCommerce by 16.8% in the 3rd quarter. HighTower Advisors LLC now owns 15,310 shares of the company’s stock valued at $89,000 after buying an additional 2,200 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in BigCommerce in the 3rd quarter valued at $920,000. Finally, Harbor Capital Advisors Inc. grew its holdings in BigCommerce by 93.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 17,179 shares of the company’s stock valued at $100,000 after buying an additional 8,297 shares in the last quarter. 79.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BIGC has been the subject of several analyst reports. Barclays cut BigCommerce from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $8.00 to $7.00 in a report on Friday, January 10th. Needham & Company LLC restated a “buy” rating and issued a $10.00 target price on shares of BigCommerce in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $8.14.

BigCommerce Stock Performance

NASDAQ BIGC opened at $6.95 on Wednesday. The stock has a market cap of $544.74 million, a PE ratio of -19.31 and a beta of 1.18. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 7.48. BigCommerce Holdings, Inc. has a twelve month low of $5.13 and a twelve month high of $8.93. The stock has a fifty day simple moving average of $6.45 and a 200-day simple moving average of $6.18.

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.