Key Points
- Semrush CTO Oleg Shchegolev sold 200,000 shares on March 9 at an average price of $11.93 for about $2,386,000, trimming his stake by 2.71% to 7,174,188 shares (≈$85.6M).
- SEMR opened at $11.92 and trades within a 52‑week range of $6.56–$11.95, with a market capitalization of roughly $1.78 billion and a P/E of about 149 (50‑day/200‑day moving averages $11.88/$9.93).
- Analysts (five covering) have an average rating of Hold and an average price target of $10.80.
Semrush Holdings, Inc. (NASDAQ:SEMR - Get Free Report) CTO Oleg Shchegolev sold 200,000 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $11.93, for a total value of $2,386,000.00. Following the completion of the sale, the chief technology officer owned 7,174,188 shares of the company's stock, valued at approximately $85,588,062.84. This represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Semrush Price Performance
Shares of NASDAQ SEMR opened at $11.92 on Wednesday. Semrush Holdings, Inc. has a 1-year low of $6.56 and a 1-year high of $11.95. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 149.02 and a beta of 1.55. The business has a 50-day moving average of $11.88 and a 200-day moving average of $9.93.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on SEMR. Jefferies Financial Group reiterated a "hold" rating and set a $12.00 price objective (up from $10.00) on shares of Semrush in a research note on Thursday, November 20th. Needham & Company LLC restated a "hold" rating on shares of Semrush in a research note on Wednesday, November 19th. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Semrush in a report on Wednesday, November 19th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $10.80.
Get Our Latest Report on Semrush
Institutional Investors Weigh In On Semrush
A number of hedge funds have recently bought and sold shares of the business. State of Alaska Department of Revenue purchased a new position in shares of Semrush during the 3rd quarter valued at approximately $41,000. Amundi lifted its position in shares of Semrush by 29.3% during the first quarter. Amundi now owns 4,890 shares of the company's stock worth $44,000 after purchasing an additional 1,108 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in Semrush by 96.4% in the second quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company's stock valued at $50,000 after buying an additional 2,700 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Semrush by 56.1% during the second quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company's stock valued at $57,000 after buying an additional 2,259 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Semrush by 2,448.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,933 shares of the company's stock worth $82,000 after buying an additional 6,661 shares during the last quarter. Institutional investors and hedge funds own 32.86% of the company's stock.
About Semrush
(
Get Free Report)
Semrush is a global software-as-a-service (SaaS) company that provides a comprehensive digital marketing platform for search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing and competitive research. The platform offers tools for keyword research, site auditing, backlink analysis and rank tracking, enabling marketing professionals to develop and refine their online visibility strategies. Semrush is publicly traded under the ticker SEMR and is headquartered in Boston with additional offices and development centers across North America, Europe and Asia.
The Semrush platform is organized into specialized toolkits covering SEO, content marketing, competitive intelligence, social media management and advertising research.
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