Key Points
- Insider selling: EverCommerce CEO Eric Richard Remer sold 5,326 shares on Dec. 31 at $12.07 (~$64,285), part of a string of large dispositions in November–December that included multiple sales of tens of thousands of shares.
- After the sale Remer still owns 2,780,018 shares (about $33.55M), and the transaction trimmed his position by roughly 0.19%.
- Stock context: EVCM trades near $12.11 with a 52‑week range of $7.66–$14.41, a market cap of ~$2.17B, and a MarketBeat consensus rating of "Hold" with a $11 target.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 5,326 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $12.07, for a total value of $64,284.82. Following the transaction, the chief executive officer owned 2,780,018 shares in the company, valued at approximately $33,554,817.26. This trade represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, December 30th, Eric Richard Remer sold 7,303 shares of EverCommerce stock. The stock was sold at an average price of $12.20, for a total transaction of $89,096.60.
- On Monday, December 29th, Eric Richard Remer sold 6,571 shares of EverCommerce stock. The stock was sold at an average price of $12.11, for a total transaction of $79,574.81.
- On Monday, December 22nd, Eric Richard Remer sold 10,717 shares of EverCommerce stock. The stock was sold at an average price of $12.06, for a total transaction of $129,247.02.
- 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 transaction of $261,312.00.
- On Wednesday, December 10th, Eric Richard Remer sold 4,004 shares of EverCommerce stock. The stock was sold at an average price of $9.99, for a total value of $39,999.96.
- On Tuesday, December 9th, Eric Richard Remer sold 32,706 shares of EverCommerce stock. The shares were 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 stock was 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 value of $257,443.92.
- On Tuesday, December 2nd, Eric Richard Remer sold 4,056 shares of EverCommerce stock. The shares were 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.
EverCommerce Stock Down 0.2%
Shares of NASDAQ:EVCM opened at $12.11 on Thursday. The company's fifty day moving average is $10.47 and its 200-day moving average is $10.82. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.02 and a current ratio of 2.02. EverCommerce Inc. has a 52 week low of $7.66 and a 52 week high of $14.41. The company has a market capitalization of $2.17 billion, a PE ratio of -1,209.79, a P/E/G ratio of 6.12 and a beta of 1.07.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on EVCM shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of EverCommerce in a research note on Wednesday, October 8th. Zacks Research downgraded EverCommerce from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 12th. Royal Bank Of Canada lowered their target price on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating for the company in a research note on Friday, November 7th. Barclays lowered their price objective on shares of EverCommerce from $11.00 to $10.00 and set an "underweight" rating for the company in a research report on Monday, November 10th. Finally, Lake Street Capital set a $11.00 price target on EverCommerce in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $11.00.
View Our Latest Analysis on EverCommerce
Institutional Trading of EverCommerce
Large investors have recently modified their holdings of the stock. Federated Hermes Inc. lifted its position in shares of EverCommerce by 118.3% during the 3rd quarter. Federated Hermes Inc. now owns 3,076 shares of the company's stock valued at $34,000 after acquiring an additional 1,667 shares during the period. State of Alaska Department of Revenue bought a new stake in EverCommerce during the 3rd quarter valued at $91,000. Deutsche Bank AG lifted its position in EverCommerce by 141.9% in the 1st quarter. Deutsche Bank AG now owns 9,836 shares of the company's stock valued at $99,000 after acquiring an additional 5,770 shares in the last quarter. R Squared Ltd purchased a new stake in EverCommerce in the 3rd quarter valued at $122,000. Finally, Prudential Financial Inc. lifted its position in shares of EverCommerce by 9.6% during the second quarter. Prudential Financial Inc. now owns 13,546 shares of the company's stock valued at $142,000 after purchasing an additional 1,190 shares in the last quarter. Institutional investors and hedge funds 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.
See Also
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