EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 8,552 shares of EverCommerce stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $10.21, for a total transaction of $87,315.92. Following the sale, the chief executive officer now owns 7,848,830 shares of the company's stock, valued at $80,136,554.30. The trade was a 0.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, January 21st, Eric Richard Remer sold 5,117 shares of EverCommerce stock. The stock was sold at an average price of $10.39, for a total value of $53,165.63.
- On Thursday, January 16th, Eric Richard Remer sold 6,024 shares of EverCommerce stock. The shares were sold at an average price of $10.20, for a total value of $61,444.80.
- On Tuesday, January 14th, Eric Richard Remer sold 5,713 shares of EverCommerce stock. The stock was sold at an average price of $10.15, for a total value of $57,986.95.
- On Tuesday, January 7th, Eric Richard Remer sold 5,453 shares of EverCommerce stock. The stock was sold at an average price of $10.56, for a total transaction of $57,583.68.
- On Thursday, December 19th, Eric Richard Remer sold 7,235 shares of EverCommerce stock. The shares were sold at an average price of $11.22, for a total transaction of $81,176.70.
- On Tuesday, December 17th, Eric Richard Remer sold 7,130 shares of EverCommerce stock. The shares were 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 shares were 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 stock was sold at an average price of $11.03, for a total value of $97,262.54.
EverCommerce Price Performance
Shares of NASDAQ EVCM traded up $0.03 during trading on Thursday, hitting $10.30. The company had a trading volume of 101,555 shares, compared to its average volume of 76,940. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -36.78 and a beta of 1.14. The stock has a fifty day simple moving average of $11.26 and a two-hundred day simple moving average of $10.93. 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 Inc. has a fifty-two week low of $6.22 and a fifty-two week high of $12.35.
EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.04). EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The company had revenue of $176.26 million during the quarter, compared to analysts' expectations of $174.87 million. The firm's revenue was up .9% on a year-over-year basis. On average, research analysts expect that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Institutional Trading of EverCommerce
Large investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in EverCommerce during the 3rd quarter valued at about $107,000. The Manufacturers Life Insurance Company lifted its stake in EverCommerce by 10.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company's stock worth $125,000 after purchasing an additional 1,089 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of EverCommerce by 19.4% during the 2nd quarter. Renaissance Technologies LLC now owns 16,600 shares of the company's stock worth $182,000 after purchasing an additional 2,700 shares during the last quarter. RIA Advisory Group LLC purchased a new stake in shares of EverCommerce in the third quarter valued at approximately $241,000. Finally, Barclays PLC increased its holdings in shares of EverCommerce by 305.6% in the third quarter. Barclays PLC now owns 29,677 shares of the company's stock valued at $307,000 after purchasing an additional 22,360 shares during the last quarter. 97.91% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on EVCM. Piper Sandler boosted their price target on EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. Royal Bank of Canada boosted their target price on shares of EverCommerce from $12.00 to $14.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th. JMP Securities increased their price target on shares of EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. Oppenheimer lifted their price objective on shares of EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. Finally, Barclays upped their price objective on shares of EverCommerce from $9.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $12.56.
Read Our Latest Stock Report on EVCM
About EverCommerce
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider EverCommerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EverCommerce wasn't on the list.
While EverCommerce currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
