Key Points
- President Matthew Feierstein sold 5,000 EverCommerce shares at an average price of $10.20, generating $51,000. The sale was conducted under a pre-arranged Rule 10b5-1 plan, and he retained nearly 2.0 million shares.
- EverCommerce reported second-quarter EPS of $0.05, missing the $0.15 consensus estimate, while revenue rose 2.7% year over year to $152.0 million and essentially matched expectations.
- Near-term outlook was cautious: third-quarter revenue guidance trailed analyst estimates, and RBC lowered its price target from $11 to $10. Analysts collectively rate the stock “Hold,” with an average target price of $11.
EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) President Matthew David Feierstein sold 5,000 shares of EverCommerce stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $10.20, for a total transaction of $51,000.00. Following the completion of the sale, the president owned 1,996,679 shares of the company's stock, valued at $20,366,125.80. This represents a 0.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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, August 5th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.83, for a total transaction of $118,300.00.
- On Monday, August 3rd, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $12.13, for a total transaction of $121,300.00.
- On Thursday, July 9th, Matthew David Feierstein sold 1,971 shares of EverCommerce stock. The stock was sold at an average price of $10.03, for a total transaction of $19,769.13.
- On Wednesday, July 8th, Matthew David Feierstein sold 1,798 shares of EverCommerce stock. The stock was sold at an average price of $10.00, for a total transaction of $17,980.00.
- On Monday, July 6th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $10.03, for a total transaction of $100,300.00.
- On Wednesday, July 1st, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $10.34, for a total value of $103,400.00.
- On Tuesday, June 30th, Matthew David Feierstein sold 5,179 shares of EverCommerce stock. The shares were sold at an average price of $10.02, for a total value of $51,893.58.
- On Wednesday, June 3rd, Matthew David Feierstein sold 1,052 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total value of $10,572.60.
- On Monday, June 1st, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $11.26, for a total value of $112,600.00.
EverCommerce Stock Performance
Shares of EVCM opened at $10.92 on Friday. The firm has a market capitalization of $1.93 billion, a P/E ratio of 60.67, a PEG ratio of 0.95 and a beta of 0.91. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.14 and a quick ratio of 2.08. EverCommerce Inc. has a one year low of $7.66 and a one year high of $14.41. The business has a fifty day moving average of $10.35 and a 200 day moving average of $10.91.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.10). The firm had revenue of $152.02 million during the quarter, compared to the consensus estimate of $152.29 million. EverCommerce had a net margin of 5.69% and a return on equity of 3.95%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.04 EPS. As a group, sell-side analysts anticipate that EverCommerce Inc. will post 0.57 EPS for the current year.
Key Headlines Impacting EverCommerce
Here are the key news stories impacting EverCommerce this week:
- Positive Sentiment: Second-quarter revenue rose 2.7% year over year to $152.0 million, essentially matching the $152.29 million analyst consensus. The company also appointed Alex Goor as CEO, while founder Eric Remer remains on the board, potentially bringing fresh growth initiatives while preserving leadership continuity. EverCommerce Second-Quarter Results EverCommerce CEO Appointment
- Neutral Sentiment: CEO Eric Remer and President Matthew Feierstein sold shares through pre-arranged Rule 10b5-1 plans. The transactions were relatively small compared with their remaining holdings, reducing their significance, although the repeated selling may still attract investor attention.
- Negative Sentiment: EverCommerce reported quarterly earnings of approximately $0.05 per share, well below the $0.15 consensus estimate. Revenue was close to expectations, so the miss primarily highlights pressure on profitability and operating performance. EverCommerce Q2 Earnings Call Transcript
- Negative Sentiment: Third-quarter revenue guidance of $151.5 million to $154.5 million trails the $156.8 million analyst estimate, signaling slower near-term growth. Full-year guidance of $612 million to $632 million remains near consensus but offers limited upside at the midpoint.
- Negative Sentiment: Royal Bank of Canada cut its EverCommerce price target from $11.00 to $10.00 and maintained a “sector perform” rating. The new target is below the recent trading level, reinforcing concerns about valuation and growth prospects. RBC Cuts EverCommerce Price Target
Analysts Set New Price Targets
A number of equities analysts recently issued reports on EVCM shares. Canaccord Genuity Group raised their price objective on shares of EverCommerce from $12.00 to $13.00 and gave the stock a "buy" rating in a report on Monday, May 11th. Barclays upped their target price on shares of EverCommerce from $8.50 to $10.00 and gave the company an "underweight" rating in a report on Thursday. Wall Street Zen downgraded shares of EverCommerce from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 14th. Royal Bank Of Canada dropped their price target on shares of EverCommerce from $11.00 to $10.00 and set a "sector perform" rating on the stock in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $14.00 price objective on shares of EverCommerce in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $11.00.
Get Our Latest Stock Analysis on EVCM
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Prudential Financial Inc. raised its stake in EverCommerce by 9.6% during 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 period. Deutsche Bank AG purchased a new position in EverCommerce during the second quarter valued at approximately $144,000. Oxford Asset Management LLP bought a new position in shares of EverCommerce in the second quarter worth approximately $168,000. BNP Paribas Financial Markets boosted its position in shares of EverCommerce by 863.2% in the third quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company's stock worth $171,000 after purchasing an additional 13,734 shares during the period. Finally, O Shaughnessy Asset Management LLC purchased a new stake in shares of EverCommerce in the fourth quarter worth $177,000. 97.91% of the stock is currently owned by institutional investors.
EverCommerce Company Profile
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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.
Further Reading

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