Key Points
- EverCommerce CEO Eric Richard Remer sold 10,717 shares on December 22 at $12.06 for $129,247.02, leaving him with 2,799,218 shares (≈$33.76M) and reducing his position by 0.38%.
- The December 22 sale is part of a broader selling spree in November–December in which Remer sold about 145,117 shares, generating roughly $1.52 million in proceeds.
- EverCommerce trades around $12.20 with a market cap of $2.19B (1‑year range $7.66–$14.41); analysts have lowered targets and the consensus rating is a "Hold" with an average target near $11.00.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 10,717 shares of EverCommerce stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $12.06, for a total value of $129,247.02. Following the completion of the sale, the chief executive officer directly owned 2,799,218 shares in the company, valued at approximately $33,758,569.08. The trade was a 0.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, December 16th, Eric Richard Remer sold 19,200 shares of EverCommerce stock. The shares were sold at an average price of $13.61, for a total value of $261,312.00.
- On Wednesday, December 10th, Eric Richard Remer sold 4,004 shares of EverCommerce stock. The shares were sold at an average price of $9.99, for a total transaction of $39,999.96.
- 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 transaction 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 transaction of $247,855.00.
- On Wednesday, December 3rd, Eric Richard Remer sold 28,044 shares of EverCommerce stock. The shares were sold at an average price of $9.18, for a total transaction 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 stock was 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 shares were 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 value 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 value of $152,528.18.
EverCommerce Price Performance
NASDAQ:EVCM opened at $12.20 on Tuesday. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of -1,218.78, a PEG ratio of 6.06 and a beta of 1.07. EverCommerce Inc. has a 1 year low of $7.66 and a 1 year high of $14.41. The business has a 50 day simple moving average of $10.44 and a 200-day simple moving average of $10.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.02 and a quick ratio of 2.02.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Lake Street Capital set a $11.00 price objective on shares of EverCommerce in a research note on Tuesday, October 14th. Barclays dropped their price target on shares of EverCommerce from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Monday, November 10th. Zacks Research lowered shares of EverCommerce from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 12th. Royal Bank Of Canada dropped their target price on EverCommerce from $13.00 to $12.00 and set an "outperform" rating for the company in a research report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of EverCommerce in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, EverCommerce has an average rating of "Hold" and an average target price of $11.00.
View Our Latest Analysis on EverCommerce
Hedge Funds Weigh In On EverCommerce
Hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its position in shares of EverCommerce by 328.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 714,519 shares of the company's stock worth $7,502,000 after acquiring an additional 547,712 shares during the period. Woodline Partners LP increased its holdings in EverCommerce by 4.7% during the 1st quarter. Woodline Partners LP now owns 560,506 shares of the company's stock worth $5,650,000 after purchasing an additional 25,412 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in EverCommerce during the 2nd quarter valued at $5,039,000. Tudor Investment Corp ET AL grew its position in shares of EverCommerce by 200.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company's stock worth $1,397,000 after buying an additional 83,794 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of EverCommerce by 11.9% during the second quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company's stock valued at $1,107,000 after buying an additional 11,996 shares during the period. 97.91% of the stock is currently owned by institutional investors.
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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