EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 19,711 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $10.02, for a total transaction of $197,504.22. Following the transaction, the chief executive officer now owns 5,369,452 shares in the company, valued at approximately $53,801,909.04. The trade was a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Wednesday, June 25th, Eric Richard Remer sold 4,789 shares of EverCommerce stock. The shares were sold at an average price of $10.02, for a total transaction of $47,985.78.
- On Tuesday, June 17th, Eric Richard Remer sold 4,455 shares of EverCommerce stock. The stock was sold at an average price of $9.51, for a total transaction of $42,367.05.
- On Monday, June 16th, Eric Richard Remer sold 20,045 shares of EverCommerce stock. The shares were sold at an average price of $9.56, for a total value of $191,630.20.
- On Thursday, May 29th, Eric Richard Remer sold 1,425 shares of EverCommerce stock. The shares were sold at an average price of $10.00, for a total value of $14,250.00.
- On Wednesday, May 28th, Eric Richard Remer sold 12,272 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total value of $123,333.60.
- On Tuesday, May 27th, Eric Richard Remer sold 10,803 shares of EverCommerce stock. The stock was sold at an average price of $9.96, for a total transaction of $107,597.88.
- On Wednesday, May 14th, Eric Richard Remer sold 1,381 shares of EverCommerce stock. The stock was sold at an average price of $11.02, for a total transaction of $15,218.62.
- On Tuesday, May 13th, Eric Richard Remer sold 23,119 shares of EverCommerce stock. The shares were sold at an average price of $11.26, for a total value of $260,319.94.
- On Tuesday, April 29th, Eric Richard Remer sold 17,839 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total transaction of $179,281.95.
- On Thursday, April 24th, Eric Richard Remer sold 2,412 shares of EverCommerce stock. The shares were sold at an average price of $10.20, for a total transaction of $24,602.40.
EverCommerce Stock Performance
Shares of NASDAQ EVCM traded up $0.35 during midday trading on Thursday, reaching $10.42. 194,873 shares of the stock were exchanged, compared to its average volume of 133,787. The firm has a 50-day simple moving average of $10.08 and a two-hundred day simple moving average of $10.30. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of -57.89 and a beta of 1.05. EverCommerce Inc. has a twelve month low of $8.10 and a twelve month high of $12.35. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.70.
EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). EverCommerce had a negative return on equity of 3.13% and a negative net margin of 4.84%. The firm had revenue of $142.27 million during the quarter, compared to analyst estimates of $146.28 million. During the same period in the prior year, the firm earned ($0.09) earnings per share. The business's revenue was down 16.3% on a year-over-year basis. As a group, analysts anticipate that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.
Institutional Trading of EverCommerce
Institutional investors and hedge funds have recently bought and sold shares of the business. Janus Henderson Group PLC increased its position in shares of EverCommerce by 34.6% in the 4th quarter. Janus Henderson Group PLC now owns 428,319 shares of the company's stock valued at $4,716,000 after purchasing an additional 110,183 shares during the last quarter. Woodline Partners LP grew its stake in shares of EverCommerce by 24.8% in the 4th quarter. Woodline Partners LP now owns 535,094 shares of the company's stock valued at $5,891,000 after purchasing an additional 106,359 shares during the last quarter. Raymond James Financial Inc. purchased a new position in EverCommerce during the 4th quarter worth $694,000. Arrowstreet Capital Limited Partnership lifted its position in EverCommerce by 84.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 133,370 shares of the company's stock valued at $1,468,000 after purchasing an additional 61,144 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in EverCommerce by 48.6% in the fourth quarter. JPMorgan Chase & Co. now owns 152,010 shares of the company's stock valued at $1,695,000 after acquiring an additional 49,745 shares during the period. 97.91% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages recently weighed in on EVCM. Barclays raised their target price on shares of EverCommerce from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Canaccord Genuity Group lifted their price target on shares of EverCommerce from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Monday, May 12th. The Goldman Sachs Group lowered their price objective on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research report on Friday, March 14th. Piper Sandler dropped their price target on EverCommerce from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Finally, Royal Bank Of Canada dropped their price target on shares of EverCommerce from $14.00 to $11.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, EverCommerce has a consensus rating of "Hold" and a consensus price target of $11.36.
View Our Latest Research Report on EVCM
About EverCommerce
(
Get Free Report)
EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider EverCommerce, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EverCommerce wasn't on the list.
While EverCommerce currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
