EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) President Matthew David Feierstein sold 1,270 shares of the company's stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $9.00, for a total transaction of $11,430.00. Following the transaction, the president now owns 2,310,194 shares in the company, valued at approximately $20,791,746. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Matthew David Feierstein also recently made the following trade(s):
- On Monday, March 4th, Matthew David Feierstein sold 2,093 shares of EverCommerce stock. The stock was sold at an average price of $9.61, for a total transaction of $20,113.73.
EverCommerce Stock Performance
EVCM opened at $9.11 on Friday. The firm has a 50-day moving average of $9.57 and a 200 day moving average of $9.71. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.53 and a current ratio of 1.53. EverCommerce Inc. has a fifty-two week low of $6.22 and a fifty-two week high of $13.47.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.10). The company had revenue of $169.44 million for the quarter, compared to the consensus estimate of $172.41 million. EverCommerce had a negative net margin of 6.75% and a negative return on equity of 5.35%. As a group, sell-side analysts forecast that EverCommerce Inc. will post -0.14 EPS for the current fiscal year.
Analysts Set New Price Targets
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EVCM has been the topic of several research reports. Piper Sandler restated a "neutral" rating and set a $10.00 price objective on shares of EverCommerce in a report on Friday, March 15th. Royal Bank of Canada lowered their target price on shares of EverCommerce from $12.00 to $11.00 and set an "outperform" rating for the company in a report on Friday, March 15th. Barclays lowered their target price on shares of EverCommerce from $10.00 to $9.00 and set an "equal weight" rating for the company in a report on Friday, March 15th. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $10.00 target price (down previously from $11.00) on shares of EverCommerce in a report on Friday, March 15th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $12.00 target price on shares of EverCommerce in a report on Friday, March 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $11.13.
Check Out Our Latest Stock Report on EverCommerce
Hedge Funds Weigh In On EverCommerce
Institutional investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. boosted its position in EverCommerce by 82.7% during the first quarter. Ameritas Investment Partners Inc. now owns 2,327 shares of the company's stock worth $31,000 after purchasing an additional 1,053 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of EverCommerce by 7.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 23,000 shares of the company's stock worth $254,000 after purchasing an additional 1,500 shares in the last quarter. Occudo Quantitative Strategies LP increased its stake in shares of EverCommerce by 22.7% in the fourth quarter. Occudo Quantitative Strategies LP now owns 13,008 shares of the company's stock worth $143,000 after purchasing an additional 2,410 shares in the last quarter. UBS Group AG increased its stake in shares of EverCommerce by 871.7% in the third quarter. UBS Group AG now owns 2,711 shares of the company's stock worth $29,000 after purchasing an additional 2,432 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of EverCommerce by 379.4% in the third quarter. Tower Research Capital LLC TRC now owns 3,624 shares of the company's stock worth $40,000 after purchasing an additional 2,868 shares in the last quarter. 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 engagement applications, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.
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