Key Points
- Eric Richard Remer, EverCommerce CEO, sold 32,706 shares on Dec. 9 at an average of $9.87 for $322,808, and has sold about 134,400 shares since late October—raising roughly $1.36 million and cutting his ownership by 1.14% to 2,833,139 shares (≈$27.96M).
- EverCommerce (EVCM) trades near $10.37 with a market cap of ≈$1.86B, a negative P/E and a 1‑year range of $7.66–$12.34; institutional investors own ~97.9% of the stock and analysts have a consensus rating of "Hold" with a $11 target.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 4,004 shares of the company's stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $9.99, for a total value of $39,999.96. Following the sale, the chief executive officer owned 2,829,135 shares in the company, valued at approximately $28,263,058.65. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, December 9th, Eric Richard Remer sold 32,706 shares of EverCommerce stock. The stock was sold at an average price of $9.87, for a total value of $322,808.22.
- On Thursday, December 4th, Eric Richard Remer sold 26,090 shares of EverCommerce stock. The shares were sold at an average price of $9.50, for a total value of $247,855.00.
- On Wednesday, December 3rd, Eric Richard Remer sold 28,044 shares of EverCommerce stock. The stock was sold at an average price of $9.18, for a total value of $257,443.92.
- On Tuesday, December 2nd, Eric Richard Remer sold 4,056 shares of EverCommerce stock. The stock was sold at an average price of $9.01, for a total transaction of $36,544.56.
- On Thursday, November 13th, Eric Richard Remer sold 500 shares of EverCommerce stock. The shares were sold at an average price of $9.01, for a total transaction of $4,505.00.
- On Tuesday, November 11th, Eric Richard Remer sold 600 shares of EverCommerce stock. The stock was sold at an average price of $9.05, for a total transaction of $5,430.00.
- On Wednesday, November 5th, Eric Richard Remer sold 5,666 shares of EverCommerce stock. The stock was sold at an average price of $11.37, for a total transaction of $64,422.42.
- On Tuesday, November 4th, Eric Richard Remer sold 13,534 shares of EverCommerce stock. The stock was sold at an average price of $11.27, for a total transaction of $152,528.18.
- On Wednesday, October 29th, Eric Richard Remer sold 10,643 shares of EverCommerce stock. The shares were sold at an average price of $11.77, for a total value of $125,268.11.
- On Tuesday, October 28th, Eric Richard Remer sold 8,557 shares of EverCommerce stock. The stock was sold at an average price of $12.08, for a total value of $103,368.56.
EverCommerce Trading Up 2.6%
Shares of EVCM stock traded up $0.27 on Thursday, reaching $10.64. 39,901 shares of the company's stock were exchanged, compared to its average volume of 197,665. The company's fifty day simple moving average is $10.14 and its 200 day simple moving average is $10.59. EverCommerce Inc. has a 52 week low of $7.66 and a 52 week high of $12.34. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $1.91 billion, a PE ratio of -1,061.44, a P/E/G ratio of 5.02 and a beta of 1.07.
Wall Street Analyst Weigh In
EVCM has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "sell (d-)" rating on shares of EverCommerce in a research note on Wednesday, October 8th. Lake Street Capital set a $11.00 price objective on shares of EverCommerce in a research report on Tuesday, October 14th. Barclays dropped their target price on shares of EverCommerce from $11.00 to $10.00 and set an "underweight" rating on the stock in a research note on Monday, November 10th. Royal Bank Of Canada reduced their target price on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a research report on Friday, November 7th. Finally, Zacks Research upgraded EverCommerce from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $11.00.
Check Out Our Latest Analysis on EverCommerce
Hedge Funds Weigh In On EverCommerce
A number of large investors have recently bought and sold shares of the business. Tudor Investment Corp ET AL boosted its position 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 acquiring an additional 83,794 shares in the last quarter. Zacks Investment Management purchased a new stake in shares of EverCommerce during the 3rd quarter worth $418,000. Two Sigma Investments LP bought a new stake in EverCommerce during the third quarter valued at about $371,000. BNP Paribas Financial Markets grew its stake in EverCommerce by 863.2% in the third quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company's stock valued at $171,000 after purchasing an additional 13,734 shares during the last quarter. Finally, Inceptionr LLC raised its holdings in EverCommerce by 177.6% in the third quarter. Inceptionr LLC now owns 42,051 shares of the company's stock worth $468,000 after purchasing an additional 26,902 shares in the last quarter. 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.
Further Reading
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