SEMrush Holdings, Inc. (NYSE:SEMR – Get Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as $11.96 and last traded at $11.9550, with a volume of 1046598 shares trading hands. The stock had previously closed at $11.95.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d)” rating on shares of SEMrush in a research note on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $10.80.
Get Our Latest Stock Report on SEMR
SEMrush Stock Up 0.0%
SEMrush (NYSE:SEMR – Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.07) EPS for the quarter. The company had revenue of $117.66 million for the quarter. SEMrush had a negative return on equity of 3.19% and a negative net margin of 4.27%.
Insider Activity at SEMrush
In related news, President Eugenie Levin sold 404,249 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $11.91, for a total value of $4,814,605.59. Following the completion of the sale, the president owned 580,712 shares of the company’s stock, valued at $6,916,279.92. This trade represents a 41.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Oleg Shchegolev sold 200,000 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $11.93, for a total value of $2,386,000.00. Following the transaction, the chief technology officer directly owned 7,174,188 shares in the company, valued at approximately $85,588,062.84. This represents a 2.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 605,648 shares of company stock worth $7,217,254 over the last three months. 55.61% of the stock is owned by insiders.
Hedge Funds Weigh In On SEMrush
Hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new stake in SEMrush during the 3rd quarter worth about $41,000. Amundi grew its position in shares of SEMrush by 29.3% during the 1st quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after buying an additional 1,108 shares during the period. Canada Pension Plan Investment Board grew its position in shares of SEMrush by 96.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock worth $50,000 after buying an additional 2,700 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of SEMrush by 56.1% during the second quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock worth $57,000 after buying an additional 2,259 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of SEMrush by 2,448.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,933 shares of the company’s stock worth $82,000 after buying an additional 6,661 shares during the last quarter. Institutional investors own 32.86% of the company’s stock.
SEMrush Company Profile
SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.
The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.
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