This is Besemer’s first Sell trade following 6 Buy transactions.
Based on Brightcove Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $41.12 million and GAAP net loss of $3.5 million. In comparison, last year the company earned revenue of $39.49 million and had a GAAP net loss of $5.4 million. Currently, Brightcove Inc has an average volume of 125.1K.
The insider sentiment on Brightcove Inc has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
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.
Brightcove, Inc. engages in the provision of video cloud solutions. It enables customers to publish and distribute video to Internet-connected devices.