EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 7,235 shares of EverCommerce stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $11.22, for a total value of $81,176.70. Following the sale, the chief executive officer now owns 7,898,225 shares in the company, valued at $88,618,084.50. This represents a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, December 17th, Eric Richard Remer sold 7,130 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total transaction of $85,488.70.
- On Thursday, December 12th, Eric Richard Remer sold 4,464 shares of EverCommerce stock. The stock was sold at an average price of $12.06, for a total transaction of $53,835.84.
- On Tuesday, December 10th, Eric Richard Remer sold 9,560 shares of EverCommerce stock. The shares were sold at an average price of $11.90, for a total transaction of $113,764.00.
- On Thursday, November 21st, Eric Richard Remer sold 10,513 shares of EverCommerce stock. The stock was sold at an average price of $11.52, for a total value of $121,109.76.
- On Tuesday, November 19th, Eric Richard Remer sold 8,818 shares of EverCommerce stock. The shares were sold at an average price of $11.03, for a total value of $97,262.54.
- On Thursday, November 14th, Eric Richard Remer sold 13,200 shares of EverCommerce stock. The stock was sold at an average price of $11.04, for a total value of $145,728.00.
- On Tuesday, November 12th, Eric Richard Remer sold 8,867 shares of EverCommerce stock. The shares were sold at an average price of $12.01, for a total value of $106,492.67.
- On Thursday, November 7th, Eric Richard Remer sold 18,142 shares of EverCommerce stock. The stock was sold at an average price of $11.73, for a total transaction of $212,805.66.
- On Tuesday, November 5th, Eric Richard Remer sold 10,870 shares of EverCommerce stock. The shares were sold at an average price of $10.97, for a total transaction of $119,243.90.
- On Thursday, October 31st, Eric Richard Remer sold 5,065 shares of EverCommerce stock. The stock was sold at an average price of $10.57, for a total transaction of $53,537.05.
EverCommerce Stock Performance
NASDAQ:EVCM traded down $0.05 on Thursday, hitting $11.18. The stock had a trading volume of 89,142 shares, compared to its average volume of 138,270. The business's 50-day simple moving average is $11.36 and its two-hundred day simple moving average is $10.83. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -39.93 and a beta of 1.12. EverCommerce Inc. has a 52-week low of $6.22 and a 52-week high of $12.35. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.04). EverCommerce had a negative return on equity of 6.56% and a negative net margin of 7.53%. The business had revenue of $176.26 million during the quarter, compared to analysts' expectations of $174.87 million. EverCommerce's revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts predict that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Analyst Ratings Changes
Several brokerages recently weighed in on EVCM. Oppenheimer raised their price target on shares of EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. JMP Securities lifted their target price on EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. Barclays upped their price target on EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. Royal Bank of Canada lifted their price objective on EverCommerce from $12.00 to $14.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Finally, Piper Sandler upped their target price on shares of EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $12.56.
Get Our Latest Report on EverCommerce
Institutional Investors Weigh In On EverCommerce
A number of hedge funds have recently modified their holdings of EVCM. The Manufacturers Life Insurance Company lifted its position in EverCommerce by 10.6% during the second quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company's stock valued at $125,000 after purchasing an additional 1,089 shares in the last quarter. Renaissance Technologies LLC increased its position in EverCommerce by 19.4% in the second quarter. Renaissance Technologies LLC now owns 16,600 shares of the company's stock worth $182,000 after buying an additional 2,700 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of EverCommerce by 1.2% in the third quarter. Janus Henderson Group PLC now owns 318,136 shares of the company's stock worth $3,296,000 after buying an additional 3,837 shares during the period. Bank of New York Mellon Corp lifted its position in shares of EverCommerce by 6.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 164,419 shares of the company's stock valued at $1,805,000 after buying an additional 9,595 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of EverCommerce during the 3rd quarter valued at approximately $107,000. Institutional investors own 97.91% of the company's stock.
EverCommerce Company Profile
(
Get Free Report)
EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.
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