EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 5,453 shares of the company's stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $10.56, for a total transaction of $57,583.68. Following the completion of the sale, the chief executive officer now owns 7,892,772 shares in the company, valued at approximately $83,347,672.32. This trade represents a 0.07 % decrease in their position. The sale 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 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 transaction 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 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 stock was 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 stock was sold at an average price of $11.52, for a total transaction 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 transaction of $97,262.54.
- On Thursday, November 14th, Eric Richard Remer sold 13,200 shares of EverCommerce stock. The stock was sold at an average price of $11.04, for a total transaction of $145,728.00.
- On Tuesday, November 12th, Eric Richard Remer sold 8,867 shares of EverCommerce stock. The stock was sold at an average price of $12.01, for a total transaction of $106,492.67.
- On Thursday, November 7th, Eric Richard Remer sold 18,142 shares of EverCommerce stock. The shares were sold at an average price of $11.73, for a total transaction of $212,805.66.
- On Tuesday, November 5th, Eric Richard Remer sold 10,870 shares of EverCommerce stock. The shares were sold at an average price of $10.97, for a total transaction of $119,243.90.
EverCommerce Price Performance
NASDAQ:EVCM traded down $0.37 during trading hours on Friday, reaching $10.13. 77,567 shares of the company's stock were exchanged, compared to its average volume of 77,344. The company has a market capitalization of $1.86 billion, a P/E ratio of -36.18 and a beta of 1.14. EverCommerce Inc. has a 12 month low of $6.22 and a 12 month high of $12.35. 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's 50-day simple moving average is $11.49 and its two-hundred day simple moving average is $10.97.
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. Sell-side analysts expect that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Piper Sandler raised their price target on shares of EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, November 13th. Royal Bank of Canada increased their price objective on shares of EverCommerce from $12.00 to $14.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. Barclays increased their price objective on shares of EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. JMP Securities increased their price objective on shares of EverCommerce from $12.00 to $15.00 and gave the company a "market outperform" rating in a report on Wednesday, November 13th. Finally, Oppenheimer increased 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. One equities 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 stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $12.56.
Read Our Latest Analysis on EverCommerce
Institutional Investors Weigh In On EverCommerce
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new position in shares of EverCommerce during the 3rd quarter valued at $107,000. The Manufacturers Life Insurance Company raised its holdings in shares of EverCommerce by 10.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company's stock valued at $125,000 after purchasing an additional 1,089 shares in the last quarter. Renaissance Technologies LLC raised 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 valued at $182,000 after purchasing 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 $241,000. Finally, Barclays PLC raised its holdings in shares of EverCommerce by 305.6% during the 3rd quarter. Barclays PLC now owns 29,677 shares of the company's stock valued at $307,000 after purchasing an additional 22,360 shares in the last quarter. Hedge funds and other institutional investors own 97.91% of the company's stock.
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.
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