Key Points
- EverCommerce President Matthew David Feierstein sold 10,000 shares on April 1 at an average price of $11.43 for $114,300, leaving him with 2,180,606 shares; the trade was executed under a pre-arranged Rule 10b5-1 plan.
- Feierstein has executed multiple insider sales since January — roughly 70,000 shares in total across several transactions — signaling sustained insider selling activity.
- Shares trade near $11.71 (52‑week range $7.66–$14.41); analysts hold a consensus "Hold" with an average target of $10.71 after several downgrades, and the company recently missed quarterly EPS by $0.01 while revenue rose 5.2%.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) President Matthew David Feierstein sold 10,000 shares of EverCommerce stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $11.43, for a total transaction of $114,300.00. Following the completion of the transaction, the president directly owned 2,180,606 shares in the company, valued at $24,924,326.58. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Matthew David Feierstein also recently made the following trade(s):
- On Wednesday, March 4th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $12.03, for a total value of $120,300.00.
- On Thursday, March 5th, Matthew David Feierstein sold 5,000 shares of EverCommerce stock. The stock was sold at an average price of $12.17, for a total value of $60,850.00.
- On Monday, March 2nd, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $11.34, for a total value of $113,400.00.
- On Wednesday, February 4th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $10.80, for a total value of $108,000.00.
- On Monday, February 2nd, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $12.06, for a total value of $120,600.00.
- On Wednesday, January 7th, Matthew David Feierstein sold 5,000 shares of EverCommerce stock. The stock was sold at an average price of $12.10, for a total value of $60,500.00.
- On Monday, January 5th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $11.66, for a total value of $116,600.00.
EverCommerce Price Performance
Shares of EVCM stock opened at $11.71 on Friday. EverCommerce Inc. has a fifty-two week low of $7.66 and a fifty-two week high of $14.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.11 and a current ratio of 2.11. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 130.13, a PEG ratio of 2.58 and a beta of 1.01. The stock's 50-day simple moving average is $11.11 and its 200-day simple moving average is $11.05.
EverCommerce (NASDAQ:EVCM - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). The company had revenue of $151.15 million during the quarter, compared to analyst estimates of $150.06 million. EverCommerce had a return on equity of 2.49% and a net margin of 2.99%.The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the business earned ($0.07) earnings per share. As a group, equities analysts forecast that EverCommerce Inc. will post -0.17 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have recently commented on EVCM shares. The Goldman Sachs Group lowered their price objective on shares of EverCommerce from $9.00 to $8.00 and set a "sell" rating for the company in a research note on Friday, March 13th. Canaccord Genuity Group reduced their target price on EverCommerce from $14.00 to $12.00 and set a "buy" rating for the company in a research note on Friday, March 13th. Oppenheimer reaffirmed an "outperform" rating on shares of EverCommerce in a research report on Friday, March 13th. Royal Bank Of Canada dropped their price target on EverCommerce from $12.00 to $11.00 and set a "sector perform" rating on the stock in a research note on Friday, March 13th. Finally, Weiss Ratings raised EverCommerce from a "sell (d-)" rating to a "hold (c-)" rating in a report on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $10.71.
Read Our Latest Report on EverCommerce
Institutional Trading of EverCommerce
Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of EverCommerce by 11.9% in the second quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company's stock worth $1,107,000 after acquiring an additional 11,996 shares during the period. American Century Companies Inc. lifted its position in EverCommerce by 19.8% during the second quarter. American Century Companies Inc. now owns 27,649 shares of the company's stock valued at $290,000 after purchasing an additional 4,576 shares during the period. Prudential Financial Inc. lifted its position in 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 during the period. Arrowstreet Capital Limited Partnership boosted its holdings in EverCommerce by 328.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 714,519 shares of the company's stock valued at $7,502,000 after purchasing an additional 547,712 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in EverCommerce during the 2nd quarter worth about $302,000. 97.91% of the stock is owned by hedge funds and other institutional investors.
About EverCommerce
(
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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