Guggenheim Remains a Hold on BigCommerce Holdings (BIGC)

In a report issued on July 27, Kenneth Wong from Guggenheim maintained a Hold rating on BigCommerce Holdings (BIGCResearch Report). The company’s shares closed last Tuesday at $67.72.

According to TipRanks.com, Wong is a 5-star analyst with an average return of 28.5% and a 72.2% success rate. Wong covers the Technology sector, focusing on stocks such as Altair Engineering, Progress Software, and Veeva Systems.

Currently, the analyst consensus on BigCommerce Holdings is a Moderate Buy with an average price target of $70.67, a 3.6% upside from current levels. In a report issued on July 20, William Blair also maintained a Hold rating on the stock.

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BigCommerce Holdings’ market cap is currently $4.76B and has a P/E ratio of -113.80. The company has a Price to Book ratio of 22.23.

Based on the recent corporate insider activity of 140 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BIGC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BigCommerce Holdings Inc is a new era of ecommerce. Its software-as-a-service (SaaS) platform simplifies the creation of beautiful, engaging online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. The company powers both its customers’ branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems.