EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 10,942 shares of the stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $10.26, for a total value of $112,264.92. Following the completion of the sale, the chief executive officer now owns 7,822,380 shares of the company's stock, valued at approximately $80,257,618.80. This trade represents a 0.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, January 28th, Eric Richard Remer sold 8,761 shares of EverCommerce stock. The stock was 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 shares were 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 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 value 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 value of $81,176.70.
- 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 shares were sold at an average price of $12.06, for a total value of $53,835.84.
- On Tuesday, December 10th, Eric Richard Remer sold 9,560 shares of EverCommerce stock. The stock was sold at an average price of $11.90, for a total transaction of $113,764.00.
EverCommerce Price Performance
EverCommerce stock traded down $0.17 during mid-day trading on Monday, hitting $9.97. The company's stock had a trading volume of 53,560 shares, compared to its average volume of 80,119. The stock has a market capitalization of $1.83 billion, a P/E ratio of -35.62 and a beta of 1.13. 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 stock's fifty day moving average price is $11.14 and its two-hundred day moving average price is $10.88. EverCommerce Inc. has a twelve month low of $6.22 and a twelve month 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) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $176.26 million during the quarter, compared to analysts' expectations of $174.87 million. EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The business's revenue was up .9% on a year-over-year basis. Research analysts forecast that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. JMP Securities lifted their price target on EverCommerce from $12.00 to $15.00 and gave the company a "market outperform" rating in a report on Wednesday, November 13th. Oppenheimer raised their price target on EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. Piper Sandler upped their price objective on shares of EverCommerce from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Royal Bank of Canada raised 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. Finally, Barclays upped their price target on shares of EverCommerce from $9.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $12.56.
Get Our Latest Stock Analysis on EverCommerce
Hedge Funds Weigh In On EverCommerce
Several institutional investors and hedge funds have recently bought and sold shares of EVCM. SG Americas Securities LLC acquired a new stake in EverCommerce in the third quarter valued at approximately $107,000. The Manufacturers Life Insurance Company increased 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 worth $125,000 after buying an additional 1,089 shares during the last quarter. Renaissance Technologies LLC raised its holdings in EverCommerce by 19.4% during the second 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 acquired a new stake in shares of EverCommerce in the third quarter valued at about $241,000. Finally, Barclays PLC grew its position 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 purchasing an additional 22,360 shares during the last quarter. Hedge funds and other 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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