EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 5,567 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $11.84, for a total transaction of $65,913.28. Following the completion of the transaction, the chief executive officer directly owned 2,928,556 shares of the company's stock, valued at $34,674,103.04. The trade was a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Eric Richard Remer also recently made the following trade(s):
- On Thursday, April 30th, Eric Richard Remer sold 5,867 shares of EverCommerce stock. The shares were sold at an average price of $11.49, for a total transaction of $67,411.83.
- On Wednesday, April 29th, Eric Richard Remer sold 7,766 shares of EverCommerce stock. The shares were sold at an average price of $11.51, for a total transaction of $89,386.66.
- On Thursday, April 23rd, Eric Richard Remer sold 5,503 shares of EverCommerce stock. The shares were sold at an average price of $11.55, for a total transaction of $63,559.65.
- On Wednesday, April 22nd, Eric Richard Remer sold 5,443 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total transaction of $65,261.57.
- On Tuesday, April 21st, Eric Richard Remer sold 8,254 shares of EverCommerce stock. The stock was sold at an average price of $12.11, for a total transaction of $99,955.94.
- On Thursday, April 16th, Eric Richard Remer sold 1,596 shares of EverCommerce stock. The stock was sold at an average price of $11.98, for a total transaction of $19,120.08.
- On Wednesday, April 15th, Eric Richard Remer sold 5,604 shares of EverCommerce stock. The stock was sold at an average price of $11.96, for a total transaction of $67,023.84.
- On Tuesday, April 14th, Eric Richard Remer sold 12,000 shares of EverCommerce stock. The stock was sold at an average price of $11.77, for a total transaction of $141,240.00.
- On Wednesday, April 8th, Eric Richard Remer sold 8,700 shares of EverCommerce stock. The stock was sold at an average price of $11.52, for a total transaction of $100,224.00.
- On Tuesday, April 7th, Eric Richard Remer sold 10,500 shares of EverCommerce stock. The stock was sold at an average price of $11.38, for a total transaction of $119,490.00.
EverCommerce Stock Performance
EVCM opened at $11.55 on Friday. EverCommerce Inc. has a 12-month low of $7.66 and a 12-month high of $14.41. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $2.04 billion, a PE ratio of 128.35, a P/E/G ratio of 2.56 and a beta of 1.01. The firm has a 50 day moving average of $11.43 and a two-hundred day moving average of $11.10.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). The business had revenue of $151.15 million for the quarter, compared to analysts' expectations of $150.06 million. EverCommerce had a return on equity of 2.49% and a net margin of 2.99%.The business's quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.07) earnings per share. On average, analysts anticipate that EverCommerce Inc. will post 0.23 EPS for the current year.
Institutional Investors Weigh In On EverCommerce
Institutional investors have recently added to or reduced their stakes in the stock. Federated Hermes Inc. grew its stake in EverCommerce by 118.3% in 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 acquired a new stake in EverCommerce in the 3rd quarter valued at $91,000. R Squared Ltd acquired a new stake in EverCommerce in the 3rd quarter valued at $122,000. Prudential Financial Inc. grew its stake in EverCommerce by 9.6% in the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company's stock valued at $142,000 after acquiring an additional 1,190 shares during the period. Finally, Oxford Asset Management LLP acquired a new stake in EverCommerce during the 2nd quarter worth $168,000. Institutional investors and hedge funds own 97.91% of the company's stock.
Analyst Upgrades and Downgrades
EVCM has been the topic of a number of analyst reports. Weiss Ratings raised shares of EverCommerce from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Friday, March 13th. The Goldman Sachs Group dropped their price objective on shares of EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research note on Friday, March 13th. Royal Bank Of Canada dropped their price objective on shares of EverCommerce from $12.00 to $11.00 and set a "sector perform" rating on the stock in a research note on Friday, March 13th. Raymond James Financial cut shares of EverCommerce from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, January 6th. Finally, Oppenheimer reaffirmed an "outperform" rating on shares of EverCommerce in a research note on Friday, March 13th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $10.71.
View Our Latest Stock Report on EverCommerce
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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