Bridgeline Digital, Inc. (NASDAQ: BLIN) reported record fourth-quarter and fiscal 2026 sales for its HawkSearch AI eCommerce platform. The company added 12 new customers in the fourth quarter, representing more than $1.4 million in total contract value and over $400,000 in annual recurring revenue.
For fiscal 2026, Bridgeline added 38 new customers and completed 37 additional sales to existing customers. The 75 sales represented nearly $8 million in total contract value and $2.2 million in annual recurring revenue.
- Fourth-quarter ARPU increased 53% from the prior quarter.
- Fiscal 2026 ARPU increased 35% from fiscal 2025.
- HawkSearch accounted for 89% of all fiscal-year sales.
- Bridgeline expects Core products to represent 61% of total revenue and 64% of subscription revenue for fiscal 2026.
- The company ended fiscal 2026 with approximately $1.0 million in cash and less than $200,000 in legacy bank debt.
- HawkSearch had nearly $10 million in revenue, including $8 million in high-margin multiyear subscriptions, according to the company.
$BLIN Hedge Fund Activity
We have seen 3 institutional investors add shares of $BLIN stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BARD ASSOCIATES INC removed 47,503 shares (-4.4%) from their portfolio in Q2 2026, for an estimated $55,103
- LPL FINANCIAL LLC added 3,000 shares (+15.8%) to their portfolio in Q2 2026, for an estimated $3,479
- GEODE CAPITAL MANAGEMENT, LLC removed 2,527 shares (-2.0%) from their portfolio in Q2 2026, for an estimated $2,931
- XTX TOPCO LTD removed 2,051 shares (-8.6%) from their portfolio in Q2 2026, for an estimated $2,379
- UBS GROUP AG added 2,018 shares (+100900.0%) to their portfolio in Q2 2026, for an estimated $2,340
- RENAISSANCE TECHNOLOGIES LLC removed 2,000 shares (-1.3%) from their portfolio in Q2 2026, for an estimated $2,320
- TOWER RESEARCH CAPITAL LLC (TRC) removed 1,094 shares (-24.2%) from their portfolio in Q2 2026, for an estimated $1,269
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
