Eric Richard Remer Sells 11,414 Shares of EverCommerce (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) CEO Eric Richard Remer sold 11,414 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $11.53, for a total transaction of $131,603.42. Following the transaction, the chief executive officer owned 2,999,509 shares in the company, valued at $34,584,338.77. This represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, April 1st, Eric Richard Remer sold 7,786 shares of EverCommerce stock. The stock was sold at an average price of $11.42, for a total value of $88,916.12.
  • On Wednesday, March 25th, Eric Richard Remer sold 2,703 shares of EverCommerce stock. The stock was sold at an average price of $11.06, for a total value of $29,895.18.
  • On Tuesday, March 24th, Eric Richard Remer sold 16,497 shares of EverCommerce stock. The shares were sold at an average price of $10.79, for a total value of $178,002.63.
  • On Wednesday, March 18th, Eric Richard Remer sold 2,896 shares of EverCommerce stock. The shares were sold at an average price of $10.04, for a total value of $29,075.84.
  • On Tuesday, March 17th, Eric Richard Remer sold 16,304 shares of EverCommerce stock. The stock was sold at an average price of $10.31, for a total value of $168,094.24.
  • On Thursday, March 12th, Eric Richard Remer sold 1,874 shares of EverCommerce stock. The shares were sold at an average price of $12.13, for a total value of $22,731.62.
  • On Wednesday, March 11th, Eric Richard Remer sold 6,279 shares of EverCommerce stock. The shares were sold at an average price of $12.05, for a total value of $75,661.95.
  • On Tuesday, March 10th, Eric Richard Remer sold 11,047 shares of EverCommerce stock. The stock was sold at an average price of $11.87, for a total value of $131,127.89.
  • On Tuesday, March 3rd, Eric Richard Remer sold 19,200 shares of EverCommerce stock. The stock was sold at an average price of $11.43, for a total transaction of $219,456.00.
  • On Wednesday, February 25th, Eric Richard Remer sold 11,490 shares of EverCommerce stock. The stock was sold at an average price of $10.52, for a total transaction of $120,874.80.

EverCommerce Price Performance

NASDAQ EVCM traded up $0.19 on Thursday, reaching $11.71. The company’s stock had a trading volume of 131,062 shares, compared to its average volume of 151,958. EverCommerce Inc. has a twelve month low of $7.66 and a twelve month high of $14.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.11 and a current ratio of 2.11. The firm’s 50 day moving average is $11.15 and its two-hundred day moving average is $11.05. The stock has a market cap of $2.08 billion, a PE ratio of 130.13, a PEG ratio of 2.52 and a beta of 1.00.

EverCommerce (NASDAQ:EVCMGet Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). EverCommerce had a return on equity of 2.49% and a net margin of 2.99%.The business had revenue of $151.15 million during the quarter, compared to analyst estimates of $150.06 million. During the same period in the prior year, the firm earned ($0.07) EPS. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, sell-side analysts predict that EverCommerce Inc. will post -0.17 EPS for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on EVCM shares. Oppenheimer reaffirmed an “outperform” rating on shares of EverCommerce in a report on Friday, March 13th. The Goldman Sachs Group decreased their target price on EverCommerce from $9.00 to $8.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Weiss Ratings raised EverCommerce from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Friday, March 13th. Wall Street Zen raised EverCommerce from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Finally, Citizens Jmp lowered EverCommerce from an “outperform” rating to a “market perform” rating in a research report on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, EverCommerce currently has an average rating of “Hold” and an average target price of $10.71.

View Our Latest Analysis on EVCM

Institutional Investors Weigh In On EverCommerce

Several hedge funds have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its stake in EverCommerce by 328.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 714,519 shares of the company’s stock worth $7,502,000 after purchasing an additional 547,712 shares during the period. Tudor Investment Corp ET AL raised its stake in EverCommerce by 200.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company’s stock valued at $1,397,000 after purchasing an additional 83,794 shares during the period. Squarepoint Ops LLC purchased a new stake in shares of EverCommerce in the second quarter valued at $595,000. Goldman Sachs Group Inc. lifted its holdings in shares of EverCommerce by 94.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 104,563 shares of the company’s stock valued at $1,266,000 after purchasing an additional 50,854 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of EverCommerce by 5,995.2% in the second quarter. Lazard Asset Management LLC now owns 49,859 shares of the company’s stock worth $523,000 after buying an additional 49,041 shares during the period. Hedge funds and other institutional investors own 97.91% of the company’s stock.

EverCommerce Company Profile

(Get Free Report)

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.

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Insider Buying and Selling by Quarter for EverCommerce (NASDAQ:EVCM)

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