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Bridgeline Digital, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 11 Mar 2026.
Bridgeline Digital, Inc.: what insiders have been doing
Every trade that managers of Bridgeline Digital, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Technology sector. Over the twelve months to 18 October 2026, the company's managers filed 11 filings, from 5 insiders.
No insider sold shares on the market over the period. Instead, the filings list 5 purchases totalling €35k, made by 2 insiders. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. On the buying side, the filings list 1 senior executive and 1 chief executive among the declarants. One trade stands out by size: a purchase of €22k from Kahn Roger E., disclosed on 19 February 2026.
In all, 4 purchases were made within 30 days of a purchase by another insider of the company. Purchases made close together by different insiders form what is called a cluster. The most recent open-market purchase was published on 11 March 2026, 221 days ago. Typically, a trade is published a median of 3 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction.
Across the 5,811 companies tracked on its exchange, the median is 19 filings; at 11 filings, this issuer sits below that mark. Since 2021, the database holds 42 purchases and no sales by insiders of the company.
In the same sector, recent insider purchases at Core Scientific, Inc./tx and Gitlab Inc. also feature in our signals. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
58
Thresholds
n/a
Buy Volume
€1M
42 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleRoger E. Kahn11 buys
Michael Ketslakh4 buys
Joni Kahn1 buy
Since the insiders bought
- +13.7%Entry US$0.95 · Close at T+90 US$1.08
- +32.2%Entry US$0.90 · Close at T+90 US$1.19
- -45.9%Entry US$1.48 · Close at T+365 US$0.80
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 21,324 of 24,148 companies
24.0
score / 100
Value12
Quality36
FCF yld-12%
Earn yld-27%
EV/EBITDA·
ROE-14%
Gross mgn67%
Net mgn-16%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended September 2025 · cache
US$0.74
Analyst consensus
1 analystsUS$4.62Target US$4.62(+524%)US$4.62
Income statement
RevenueUS$15.4M
Gross profitUS$10.2M67% margin
EBITDA-US$1.6M-11% margin
Net income-US$2.5M-8.6% margin
Valuation
PER (forward)8.5x
P/Book1.0x
Beta0.92
Balance sheet & cash
Market capUS$9.3M
Total debtUS$460k
Free Cash Flow-US$1.1M
Debt / Equity11%
Profitability & ownership
ROE-14.2%
ROA-5.4%
% insiders27.4%
% institutions12.9%
Last declaration on 16 March 2026
Declarations58 total
22,500 shares0Common StockSEC:0001437749-26-008471:0
22,500 shares0Common StockSEC:0001437749-26-008472:0
22,500 shares0Common StockSEC:0001437749-26-008470:0
10,000 shares@ US$0.931.1% of flowCommon StockSEC:0001437749-26-007794:0
Canonical exit: 8 Jun 2026 (T+90)
2,487 shares@ US$0.850.3% of flowCommon StockSEC:0001437749-26-006823:0
Canonical exit: 31 May 2026 (T+90)
2,394 shares@ US$0.850.3% of flowCommon StockSEC:0001437749-26-005857:0
Canonical exit: 25 May 2026 (T+90)
1,353 shares@ US$0.850.2% of flowCommon StockSEC:0001437749-26-005120:0
Canonical exit: 20 May 2026 (T+90)
35,301 shares@ US$0.752.9% of flowCommon StockSEC:0001437749-26-004766:0
Canonical exit: 18 May 2026 (T+90)
300,000 shares@ US$0.8227.1% of flowCommon StockSEC:0001437749-26-002712:0
1,000 shares@ US$0.810.1% of flowCommon StockSEC:0001437749-25-039101:0
169,429 shares0Common StockSEC:0001437749-25-030386:0
15,000 shares@ US$1.502.6% of flowCommon StockSEC:0001437749-25-027940:0
Canonical exit: 18 Sept 2025 (T+90)
20,133 shares0Common StockSEC:0001437749-25-021581:0
129,788 shares0Common StockSEC:0001437749-25-021578:0
20,133 shares0Common StockSEC:0001437749-25-021579:0
20,133 shares0Common StockSEC:0001437749-25-021582:0
45,900 shares@ US$1.588.5% of flowCommon StockSEC:0001437749-25-018556:1
Canonical exit: 20 Aug 2025 (T+90)
30,000 shares@ US$1.535.3% of flowCommon StockSEC:0001437749-25-018556:5
Canonical exit: 25 Aug 2025 (T+90)
4,100 shares@ US$1.550.7% of flowCommon StockSEC:0001437749-25-018556:0
Canonical exit: 20 Aug 2025 (T+90)
500 shares@ US$1.540.1% of flowCommon StockSEC:0001437749-25-018556:2
Canonical exit: 20 Aug 2025 (T+90)
1,000 shares@ US$1.550.2% of flowCommon StockSEC:0001437749-25-018556:3
Canonical exit: 21 Aug 2025 (T+90)
3,600 shares@ US$1.540.6% of flowCommon StockSEC:0001437749-25-018556:4
Canonical exit: 25 Aug 2025 (T+90)
15,000 shares@ US$1.532.7% of flowCommon StockSEC:0001437749-25-018556:6
Canonical exit: 25 Aug 2025 (T+90)
25 of 58 declarations
About Bridgeline Digital, Inc.
Bridgeline Digital, Inc. is a US-listed software company trading on the NASDAQ in the United States (United States). For French-speaking investors, it is best understood as a niche marketing-technology and digital commerce software provider focused on helping brands, distributors, and eCommerce operators increase traffic, conversion, and average order value. The company was incorporated in Delaware on August 28, 2000, and is headquartered in Woburn, Massachusetts. It also maintains regional offices in the United States, Canada, and Belgium, giving it a footprint that is broader than a typical domestic micro-cap software vendor. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378590/000143774924038328/blin20240930_10k.htm?utm_source=openai))
Bridgeline’s business model is built around cloud-based SaaS, with additional perpetual licensing and digital services revenue. Its core product set is centered on AI-powered product discovery and digital experience management. HawkSearch is the flagship offering: an AI-driven site search, recommendation, and personalization platform designed to improve product discovery and merchandising. The broader product portfolio also includes Celebros Search, a semantic and natural-language commerce search solution; Woorank, an SEO auditing tool; Unbound, a digital experience platform combining web content management, eCommerce, digital marketing, and analytics; TruPresence for multi-location organizations and franchise networks; and OrchestraCMS, a Salesforce-native content and digital experience platform. Collectively, these products are intended to support the full online revenue funnel, from traffic acquisition to conversion and retention. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378590/000143774924038328/blin20240930_10k.htm))
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From a competitive standpoint, Bridgeline operates in a fragmented, highly competitive market where technological differentiation matters. The company emphasizes AI-enabled search relevance, personalized recommendations, merchandising controls, and integrations with major commerce and digital experience ecosystems such as Adobe, BigCommerce, Optimizely, Sitefinity, and Shopify. A notable recent validation came in 2025, when HawkSearch was ranked #1 in Gartner’s Critical Capabilities Report for the B2B Search use case. That recognition is relevant because Bridgeline’s growth strategy appears increasingly tied to winning enterprise search and discovery workflows inside complex B2B and B2C commerce environments. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378590/000143774924038328/blin20240930_10k.htm))
Recent company updates suggest continued product execution rather than a broad diversification story. Management disclosed new AI capabilities during fiscal 2025 and fiscal 2026, including Agentic AI, Generative AI, Retrieval-Augmented Generation, Large Language Models, and Small Language Models. The company also announced multiple customer wins in wholesale distribution, retail, electrical distribution, and industrial distribution, often in multi-site or catalog-heavy use cases where product discovery is mission-critical. In parallel, Bridgeline remains a small-cap software name with a history of operating losses and ongoing capital-market sensitivity, but its recent releases indicate improving traction around the HawkSearch suite and a strategy focused on scaling recurring revenue. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378590/000143774925038337/blin20250930_10k.htm))
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