A Director at Brightcove Inc (NASDAQ: BCOV) is Selling Shares

By Carrie Williams

Today, a Director at Brightcove Inc (BCOVResearch Report), Deborah Besemer, sold shares of BCOV for $103.9K.

This is Besemer’s first Sell trade following 6 Buy transactions.

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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.

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Brightcove, Inc. engages in the provision of video cloud solutions. It enables customers to publish and distribute video to Internet-connected devices.