EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 7,164 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $10.51, for a total value of $75,293.64. Following the completion of the transaction, the chief executive officer now directly owns 7,621,070 shares in the company, valued at $80,097,445.70. This trade represents a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, March 25th, Eric Richard Remer sold 9,366 shares of EverCommerce stock. The shares were sold at an average price of $10.51, for a total transaction of $98,436.66.
- On Thursday, March 20th, Eric Richard Remer sold 13,552 shares of EverCommerce stock. The stock was sold at an average price of $9.97, for a total value of $135,113.44.
- On Tuesday, March 18th, Eric Richard Remer sold 9,981 shares of EverCommerce stock. The stock was sold at an average price of $9.87, for a total transaction of $98,512.47.
- On Thursday, March 13th, Eric Richard Remer sold 10,117 shares of EverCommerce stock. The shares were sold at an average price of $9.05, for a total value of $91,558.85.
- On Tuesday, March 11th, Eric Richard Remer sold 9,404 shares of EverCommerce stock. The shares were sold at an average price of $9.06, for a total transaction of $85,200.24.
- On Thursday, March 6th, Eric Richard Remer sold 8,688 shares of EverCommerce stock. The stock was sold at an average price of $9.51, for a total transaction of $82,622.88.
- On Tuesday, March 4th, Eric Richard Remer sold 10,406 shares of EverCommerce stock. The shares were sold at an average price of $9.65, for a total transaction of $100,417.90.
- On Thursday, February 20th, Eric Richard Remer sold 8,012 shares of EverCommerce stock. The shares were sold at an average price of $10.58, for a total value of $84,766.96.
- On Tuesday, February 18th, Eric Richard Remer sold 7,026 shares of EverCommerce stock. The shares were sold at an average price of $10.94, for a total transaction of $76,864.44.
- On Thursday, February 13th, Eric Richard Remer sold 8,720 shares of EverCommerce stock. The stock was sold at an average price of $10.80, for a total transaction of $94,176.00.
EverCommerce Stock Up 1.4 %
Shares of EVCM stock traded up $0.14 during trading on Monday, reaching $10.26. The company's stock had a trading volume of 66,073 shares, compared to its average volume of 136,533. EverCommerce Inc. has a one year low of $8.10 and a one year high of $12.35. The company has a market cap of $1.88 billion, a price-to-earnings ratio of -36.64 and a beta of 1.12. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average price of $10.14 and a 200-day moving average price of $10.70.
EverCommerce (NASDAQ:EVCM - Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). EverCommerce had a negative return on equity of 6.56% and a negative net margin of 7.53%. The business had revenue of $175.00 million for the quarter, compared to analyst estimates of $170.48 million. During the same period last year, the firm earned ($0.12) EPS. EverCommerce's quarterly revenue was up 3.3% compared to the same quarter last year. Analysts anticipate that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in EverCommerce by 305.6% during the 3rd quarter. Barclays PLC now owns 29,677 shares of the company's stock worth $307,000 after purchasing an additional 22,360 shares during the last quarter. JPMorgan Chase & Co. lifted its position in EverCommerce by 161.4% during the third quarter. JPMorgan Chase & Co. now owns 102,265 shares of the company's stock worth $1,059,000 after purchasing an additional 63,139 shares during the period. Edgestream Partners L.P. acquired a new stake in EverCommerce during the third quarter worth about $536,000. Charles Schwab Investment Management Inc. increased its holdings in EverCommerce by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 168,587 shares of the company's stock valued at $1,856,000 after buying an additional 1,092 shares during the period. Finally, Janus Henderson Group PLC raised its position in EverCommerce by 1.2% during the third quarter. Janus Henderson Group PLC now owns 318,136 shares of the company's stock valued at $3,296,000 after purchasing an additional 3,837 shares in the last quarter. Institutional investors and hedge funds own 97.91% of the company's stock.
Analyst Ratings Changes
EVCM has been the subject of several research reports. Royal Bank of Canada reduced their price target on EverCommerce from $14.00 to $11.00 and set an "outperform" rating for the company in a report on Friday, March 14th. Piper Sandler cut their target price on shares of EverCommerce from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Jefferies Financial Group dropped their price objective on EverCommerce from $12.00 to $10.00 and set a "hold" rating on the stock in a research note on Friday, March 14th. The Goldman Sachs Group decreased their price objective on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a report on Friday, March 14th. Finally, Barclays cut their price objective on EverCommerce from $12.00 to $9.00 and set an "equal weight" rating for the company in a research report on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.09.
Read Our Latest Stock Report on EVCM
About EverCommerce
(
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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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