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BIGC stock rated an Underweight by Barclays

BigCommerce Holdings Inc’s recent filing unveils that its Director Siminoff Ellen F acquired Company’s shares for reported $0.13 million on Feb 25 ’25. In the deal valued at $6.49 per share,19,603 shares were bought. As a result of this transaction, Siminoff Ellen F now holds 76,175 shares worth roughly $0.54 million.

Then, Siminoff Ellen F bought 3,239 shares, generating $20,349 in total proceeds. Upon buying the shares at $6.28, the Director now owns 56,572 shares.

Before that, Richards Jeffrey Gordon sold 76,571 shares. BigCommerce Holdings Inc shares valued at $429,533 were divested by the Director at a price of $5.61 per share. As a result of the transaction, Richards Jeffrey Gordon now holds 7,192 shares, worth roughly $50919.36.

Barclays downgraded its BigCommerce Holdings Inc [BIGC] rating to an Underweight from a an Equal weight in a research note published on January 10, 2025; the price target was decreased to $7 from $8. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late March from “a Neutral” to “an Underperform”. Goldman also remained covering BIGC and has decreased its forecast on February 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. UBS started covering the stock on September 22, 2023. It rated BIGC as “a Neutral”.

Price Performance Review of BIGC

On Friday, BigCommerce Holdings Inc [NASDAQ:BIGC] saw its stock fall -0.14% to $7.08. Over the last five days, the stock has gained 13.64%. BigCommerce Holdings Inc shares have risen nearly 15.69% since the year began. Nevertheless, the stocks have fallen -9.92% over the past one year. While a 52-week high of $8.60 was reached on 02/20/25, a 52-week low of $5.12 was recorded on 01/10/25. SMA at 50 days reached $6.46, while 200 days put it at $6.69.

Levels Of Support And Resistance For BIGC Stock

The 24-hour chart illustrates a support level at 6.94, which if violated will result in even more drops to 6.80. On the upside, there is a resistance level at 7.17. A further resistance level may holdings at 7.26. The Relative Strength Index (RSI) on the 14-day chart is 59.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.43%. Stochastics %K at 67.27% indicates the stock is a holding.

The most recent change occurred on March 09, 2023 when DA Davidson began covering the stock and recommended ‘”a Neutral”‘ rating along with a $11 price target.

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