EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 11,200 shares of the firm's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $10.12, for a total value of $113,344.00. Following the completion of the sale, the chief executive officer now owns 7,796,952 shares of the company's stock, valued at approximately $78,905,154.24. This represents a 0.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- 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 transaction of $75,445.35.
- On Thursday, January 30th, Eric Richard Remer sold 10,942 shares of EverCommerce stock. The shares were 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 shares were sold at an average price of $10.21, for a total value of $87,315.92.
- On Tuesday, January 21st, Eric Richard Remer sold 5,117 shares of EverCommerce stock. The shares were sold at an average price of $10.39, for a total transaction of $53,165.63.
- On Thursday, January 16th, Eric Richard Remer sold 6,024 shares of EverCommerce stock. The stock was sold at an average price of $10.20, for a total transaction of $61,444.80.
- On Tuesday, January 14th, Eric Richard Remer sold 5,713 shares of EverCommerce stock. The shares were sold at an average price of $10.15, for a total transaction 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 stock was sold at an average price of $11.22, for a total value 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.
EverCommerce Stock Up 6.0 %
EVCM traded up $0.62 during trading on Monday, hitting $10.93. 113,809 shares of the company's stock traded hands, compared to its average volume of 88,552. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -39.03 and a beta of 1.13. The company's 50 day simple moving average is $10.94 and its two-hundred day simple moving average is $10.82. EverCommerce Inc. has a 12-month low of $6.22 and a 12-month high of $12.35. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68.
EverCommerce (NASDAQ:EVCM - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The business had revenue of $176.26 million during the quarter, compared to the consensus estimate of $174.87 million. EverCommerce had a negative return on equity of 6.56% and a negative net margin of 7.53%. The company's revenue for the quarter was up .9% on a year-over-year basis. Analysts predict that EverCommerce Inc. will post -0.17 earnings per share for the current fiscal year.
Institutional Trading of EverCommerce
Several large investors have recently modified their holdings of EVCM. SG Americas Securities LLC bought a new stake in shares of EverCommerce during the 3rd quarter valued at $107,000. The Manufacturers Life Insurance Company raised its stake in shares of EverCommerce by 10.6% in the second quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company's stock worth $125,000 after buying an additional 1,089 shares during the period. Renaissance Technologies LLC lifted its position in shares of EverCommerce by 19.4% during the 2nd quarter. Renaissance Technologies LLC now owns 16,600 shares of the company's stock valued at $182,000 after buying an additional 2,700 shares in the last quarter. RIA Advisory Group LLC bought a new position in shares of EverCommerce during the 3rd quarter valued at approximately $241,000. Finally, Barclays PLC increased its holdings in EverCommerce by 305.6% in the 3rd quarter. Barclays PLC now owns 29,677 shares of the company's stock worth $307,000 after acquiring an additional 22,360 shares in the last quarter. Institutional investors own 97.91% of the company's stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. 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. 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 research note on Wednesday, November 13th. Royal Bank of Canada lifted their price objective on EverCommerce from $12.00 to $14.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Barclays increased their target price on EverCommerce from $9.00 to $12.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 13th. Finally, Oppenheimer lifted their price target on EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a research report 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, the company currently has an average rating of "Moderate Buy" and an average target price of $12.56.
Read Our Latest Stock Report on EverCommerce
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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