Key Points
- EverCommerce President Matthew David Feierstein sold 10,000 shares on Feb. 4 at an average price of $10.80 for a total of $108,000.
- The Feb. 4 sale is part of a recent string of insider sales totaling 70,000 shares, leaving Feierstein with 2,035,919 shares (a 0.49% decrease) valued at about $21.99 million.
- Shares opened at $10.98 (market cap ~$1.97B) with a 52-week range of $7.66–$14.41, while analysts show mixed sentiment—MarketBeat reports an average rating of "Reduce" and a $11 average target; institutional investors own ~97.9% of the stock.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 2,797 shares of the company's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $10.77, for a total value of $30,123.69. Following the sale, the chief executive officer owned 2,684,018 shares in the company, valued at approximately $28,906,873.86. The trade was a 0.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, February 3rd, Eric Richard Remer sold 16,403 shares of EverCommerce stock. The stock was sold at an average price of $10.90, for a total value of $178,792.70.
- On Thursday, January 29th, Eric Richard Remer sold 3,090 shares of EverCommerce stock. The stock was sold at an average price of $11.62, for a total transaction of $35,905.80.
- On Wednesday, January 28th, Eric Richard Remer sold 8,268 shares of EverCommerce stock. The shares were sold at an average price of $11.95, for a total transaction of $98,802.60.
- On Tuesday, January 27th, Eric Richard Remer sold 7,842 shares of EverCommerce stock. The shares were sold at an average price of $12.16, for a total value of $95,358.72.
- On Thursday, January 22nd, Eric Richard Remer sold 5,230 shares of EverCommerce stock. The shares were sold at an average price of $12.70, for a total value of $66,421.00.
- On Wednesday, January 21st, Eric Richard Remer sold 6,776 shares of EverCommerce stock. The stock was sold at an average price of $12.22, for a total transaction of $82,802.72.
- On Tuesday, January 20th, Eric Richard Remer sold 7,194 shares of EverCommerce stock. The stock was sold at an average price of $12.26, for a total value of $88,198.44.
- On Wednesday, January 14th, Eric Richard Remer sold 8,318 shares of EverCommerce stock. The stock was sold at an average price of $11.88, for a total value of $98,817.84.
- On Tuesday, January 13th, Eric Richard Remer sold 10,882 shares of EverCommerce stock. The shares were sold at an average price of $11.82, for a total transaction of $128,625.24.
- On Tuesday, January 6th, Eric Richard Remer sold 19,200 shares of EverCommerce stock. The shares were sold at an average price of $11.52, for a total transaction of $221,184.00.
EverCommerce Price Performance
EverCommerce stock opened at $10.98 on Thursday. 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 business's 50 day simple moving average is $11.57 and its 200 day simple moving average is $11.11. EverCommerce Inc. has a 12 month low of $7.66 and a 12 month high of $14.41. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -1,096.90, a PEG ratio of 2.24 and a beta of 1.03.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on EVCM. Weiss Ratings reissued a "sell (d-)" rating on shares of EverCommerce in a report on Thursday, January 22nd. Raymond James Financial lowered shares of EverCommerce from a "moderate buy" rating to a "hold" rating in a report on Tuesday, January 6th. Lake Street Capital set a $11.00 price target on shares of EverCommerce in a report on Tuesday, October 14th. Zacks Research lowered EverCommerce from a "strong-buy" rating to a "hold" rating in a research note on Friday, December 12th. Finally, Royal Bank Of Canada cut shares of EverCommerce from an "outperform" rating to a "sector perform" rating and set a $12.00 price objective on the stock. in a research report on Monday, January 5th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $11.00.
Get Our Latest Report on EVCM
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of EVCM. Federated Hermes Inc. grew its position in EverCommerce by 118.3% during the 3rd quarter. Federated Hermes Inc. now owns 3,076 shares of the company's stock worth $34,000 after acquiring an additional 1,667 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of EverCommerce in the third quarter worth $91,000. R Squared Ltd bought a new stake in EverCommerce during the 3rd quarter valued at $122,000. Prudential Financial Inc. grew its holdings in EverCommerce by 9.6% in the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company's stock worth $142,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Inceptionr LLC bought a new position in shares of EverCommerce during the second quarter valued at about $159,000. Hedge funds and other institutional investors 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.
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