<div id="readability-page-1"><p>First Eagle Investment Management LLC acquired a new position in Brightcove Inc. (NASDAQ:BCOV - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 331,032 shares of the software maker's stock, valued at approximately $642,000. First Eagle Investment Management LLC owned about 0.75% of Brightcove as of its most recent SEC filing.</p><p>A number of other large investors have also made changes to their positions in BCOV. SG Americas Securities LLC lifted its stake in Brightcove by 32.0% during the 4th quarter. SG Americas Securities LLC now owns 25,612 shares of the software maker's stock valued at $66,000 after acquiring an additional 6,210 shares during the period. Werba Rubin Papier Wealth Management purchased a new stake in shares of Brightcove during the fourth quarter worth $27,000. Mackenzie Financial Corp increased its holdings in shares of Brightcove by 55.3% during the 4th quarter. Mackenzie Financial Corp now owns 22,993 shares of the software maker's stock worth $60,000 after buying an additional 8,186 shares during the last quarter. Keel Point LLC purchased a new position in shares of Brightcove during the 4th quarter worth approximately $34,000. Finally, Monaco Asset Management SAM acquired a new stake in Brightcove in the 4th quarter valued at approximately $142,000. 80.12% of the stock is owned by institutional investors and hedge funds. </p><h2>Brightcove Stock Down 1.2 %</h2><p>Brightcove stock traded down $0.03 during mid-day trading on Friday, hitting $2.49. The company had a trading volume of 79,102 shares, compared to its average volume of 269,690. The business has a fifty day moving average of $2.20 and a 200 day moving average of $2.12. Brightcove Inc. has a 1 year low of $1.55 and a 1 year high of $4.56. The stock has a market cap of $111.00 million, a price-to-earnings ratio of -11.27 and a beta of 0.74. </p><p>Brightcove (NASDAQ:BCOV - Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The software maker reported ($0.04) earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. Brightcove had a negative return on equity of 7.87% and a negative net margin of 4.74%. The company had revenue of $50.48 million during the quarter. Equities analysts anticipate that Brightcove Inc. will post -0.31 earnings per share for the current year. </p><h2>Analyst Ratings Changes</h2><p>Separately, StockNews.com downgraded Brightcove from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a report on Friday.</p><p><b>Check Out Our Latest Stock Analysis on Brightcove</b></p><h2>About Brightcove</h2> (Free Report)<p>Brightcove Inc provides cloud-based streaming services the Americas, Europe, the Asia Pacific, Japan, India, and the Middle East. It offers Video Cloud, an online video streaming platform that enables its customers to publish, deliver, and distribute high-quality video to internet-connected devices. The company's solutions and products comprise Brightcove Marketing Studio, a video streaming solution; Brightcove Communications Studio for marketers and corporate communications professionals; Brightcove Media Studio, a solution for over-the-top (OTT) video services, media publishers, and leading broadcasters to monetize their media, live stream at scale, and nurture their audience lifecycle; Brightcove Audience Insights, a customer data platform for video streaming businesses; Zencoder, a cloud-based video encoding service; and Brightcove Beacon, a platform that enables its customers to launch premium OTT video streaming experiences, as well as Brightcove Marketplace.</p><h2>See Also</h2><ul><li>Five stocks we like better than Brightcove</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Is This Telehealth Stock a Buy After the Recent Pullback?</li><li>Insider Trades May Not Tell You What You Think</li><li>Safeguard Against Credit Card Risks with This Top Financial Stock</li><li>Trading Stocks: RSI and Why it's Useful</li><li>Streaming Titan's Stock Ready to Hit All-Time Highs This Year</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkNPVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QkNPVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Who’s partnering with Nvidia next? <span><span>(From Weiss Ratings)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04ODA2?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04ODA2"/></p><h2>Should you invest $1,000 in Brightcove right now?</h2><p>Before you consider Brightcove, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brightcove wasn't on the list.</p><p>While Brightcove currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

BCOV

<p>First Eagle Investment Management LLC has acquired a new position in Brightcove Inc., buying 331,032 shares valued at approximately $642,000. Other large investors have also made changes to their positions in the company. Brightcove's stock price has seen a decrease of 1.2%. The company offers cloud-based streaming services and has a 1 year low of $1.55 and a 1 year high of $4.56. Brightcove recently reported earnings per share of ($0.04) for the quarter, beating analysts' consensus estimates.</p>

First Eagle Investment Management LLC Buys Shares of 331,032 Brightcove Inc. (NASDAQ:BCOV)