Semrush Holdings, Inc. (NASDAQ:SEMR - Get Free Report) President Eugenie Levin sold 11,662 shares of Semrush stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $11.15, for a total transaction of $130,031.30. Following the completion of the sale, the president now owns 686,268 shares in the company, valued at approximately $7,651,888.20. This trade represents a 1.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Eugenie Levin also recently made the following trade(s):
- On Monday, February 3rd, Eugenie Levin sold 15,093 shares of Semrush stock. The stock was sold at an average price of $17.11, for a total transaction of $258,241.23.
- On Tuesday, January 21st, Eugenie Levin sold 28,800 shares of Semrush stock. The stock was sold at an average price of $16.29, for a total transaction of $469,152.00.
- On Friday, January 17th, Eugenie Levin sold 43,200 shares of Semrush stock. The stock was sold at an average price of $15.39, for a total transaction of $664,848.00.
- On Tuesday, January 7th, Eugenie Levin sold 6,943 shares of Semrush stock. The stock was sold at an average price of $11.74, for a total transaction of $81,510.82.
Semrush Price Performance
Shares of SEMR stock traded down $0.17 during trading on Friday, reaching $10.16. The company's stock had a trading volume of 1,162,035 shares, compared to its average volume of 803,060. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 126.95 and a beta of 1.77. The stock's 50-day moving average price is $14.84 and its 200 day moving average price is $14.08. Semrush Holdings, Inc. has a 1-year low of $9.73 and a 1-year high of $18.74.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Verition Fund Management LLC grew its holdings in shares of Semrush by 278.9% in the third quarter. Verition Fund Management LLC now owns 134,531 shares of the company's stock valued at $2,113,000 after purchasing an additional 99,021 shares in the last quarter. Barclays PLC grew its holdings in Semrush by 115.2% during the 3rd quarter. Barclays PLC now owns 102,407 shares of the company's stock worth $1,609,000 after acquiring an additional 54,830 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Semrush during the 4th quarter worth approximately $6,869,000. Y Intercept Hong Kong Ltd grew its holdings in Semrush by 166.7% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 103,221 shares of the company's stock worth $1,226,000 after acquiring an additional 64,514 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in Semrush by 329.4% during the 4th quarter. SG Americas Securities LLC now owns 56,089 shares of the company's stock worth $666,000 after acquiring an additional 43,027 shares in the last quarter. Institutional investors and hedge funds own 32.86% of the company's stock.
Analyst Ratings Changes
A number of brokerages have commented on SEMR. Northland Capmk raised shares of Semrush to a "strong-buy" rating in a research note on Tuesday, January 14th. Northland Securities assumed coverage on shares of Semrush in a research note on Tuesday, January 14th. They set an "outperform" rating and a $18.00 target price on the stock. Morgan Stanley upgraded shares of Semrush from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $17.00 to $20.00 in a research report on Monday, January 13th. Needham & Company LLC reiterated a "buy" rating and set a $18.00 price target on shares of Semrush in a research report on Wednesday, January 15th. Finally, Jefferies Financial Group lifted their price target on shares of Semrush from $17.00 to $21.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $18.71.
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Semrush Company Profile
(
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Semrush Holdings, Inc develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.
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