Eric Richard Remer Sells 8,688 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 8,688 shares of the company's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $9.51, for a total value of $82,622.88. Following the completion of the transaction, the chief executive officer now directly owns 7,716,630 shares in the company, valued at approximately $73,385,151.30. This trade represents a 0.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Eric Richard Remer also recently made the following trade(s):

• 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 transaction of $84,766.96.
• On Tuesday, February 18th, Eric Richard Remer sold 7,026 shares of EverCommerce stock. The stock was sold at an average price of $10.94, for a total value 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.
• On Tuesday, February 11th, Eric Richard Remer sold 13,856 shares of EverCommerce stock. The stock was sold at an average price of $10.81, for a total transaction of $149,783.36.
• On Thursday, February 6th, Eric Richard Remer sold 11,200 shares of EverCommerce stock. The stock was sold at an average price of $10.12, for a total transaction of $113,344.00.
• On Tuesday, February 4th, Eric Richard Remer sold 7,507 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total value of $75,445.35.
• On Thursday, January 30th, Eric Richard Remer sold 10,942 shares of EverCommerce stock. The stock was sold at an average price of $10.26, for a total transaction of $112,264.92.
• On Tuesday, January 28th, Eric Richard Remer sold 8,761 shares of EverCommerce stock. The shares were sold at an average price of $10.56, for a total transaction of $92,516.16.
• On Thursday, January 23rd, Eric Richard Remer sold 8,552 shares of EverCommerce stock. The stock was sold at an average price of $10.21, for a total value of $87,315.92.

EverCommerce Stock Up 0.3 %

NASDAQ:EVCM traded up $0.03 during mid-day trading on Tuesday, reaching $9.09. The stock had a trading volume of 124,522 shares, compared to its average volume of 135,939. The stock's 50 day simple moving average is $10.31 and its two-hundred day simple moving average is $10.75. EverCommerce Inc. has a 1-year low of $6.22 and a 1-year high of $12.35. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of -32.46 and a beta of 1.12. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.81 and a quick ratio of 1.81.

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Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on EVCM shares. JMP Securities raised their price target on EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a research report on Wednesday, November 13th. Royal Bank of Canada increased their price target on shares of EverCommerce from $12.00 to $14.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 13th. Piper Sandler lifted their price target on shares of EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. Oppenheimer upped their price objective on EverCommerce from $12.00 to $13.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Finally, Barclays lifted their target price on EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $12.56.

Institutional Investors Weigh In On EverCommerce

A number of institutional investors have recently modified their holdings of the business. Barclays PLC increased its holdings in shares of EverCommerce by 305.6% during 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 period. JPMorgan Chase & Co. boosted its stake in EverCommerce by 161.4% during the third quarter. JPMorgan Chase & Co. now owns 102,265 shares of the company's stock valued at $1,059,000 after buying an additional 63,139 shares in the last quarter. Edgestream Partners L.P. bought a new position in EverCommerce during the third quarter valued at about $536,000. Janus Henderson Group PLC lifted its stake 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 during the last quarter. Finally, State Street Corp lifted its position in shares of EverCommerce by 2.4% during the 3rd quarter. State Street Corp now owns 514,965 shares of the company's stock valued at $5,335,000 after acquiring an additional 12,156 shares during the last quarter. Institutional investors own 97.91% of the company's stock.

EverCommerce Company Profile

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.