EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 1,596 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $11.98, for a total value of $19,120.08. Following the completion of the sale, the chief executive officer owned 2,953,323 shares in the company, valued at approximately $35,380,809.54. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Eric Richard Remer also recently made the following trade(s):
- On Wednesday, April 15th, Eric Richard Remer sold 5,604 shares of EverCommerce stock. The shares were sold at an average price of $11.96, for a total value of $67,023.84.
- On Tuesday, April 14th, Eric Richard Remer sold 12,000 shares of EverCommerce stock. The shares were sold at an average price of $11.77, for a total value of $141,240.00.
- On Wednesday, April 8th, Eric Richard Remer sold 8,700 shares of EverCommerce stock. The shares were sold at an average price of $11.52, for a total value of $100,224.00.
- On Tuesday, April 7th, Eric Richard Remer sold 10,500 shares of EverCommerce stock. The shares were sold at an average price of $11.38, for a total value of $119,490.00.
- On Wednesday, April 1st, Eric Richard Remer sold 7,786 shares of EverCommerce stock. The shares were sold at an average price of $11.42, for a total value of $88,916.12.
- On Tuesday, March 31st, Eric Richard Remer sold 11,414 shares of EverCommerce stock. The shares were sold at an average price of $11.53, for a total value of $131,603.42.
- On Wednesday, March 25th, Eric Richard Remer sold 2,703 shares of EverCommerce stock. The shares were sold at an average price of $11.06, for a total value of $29,895.18.
- On Tuesday, March 24th, Eric Richard Remer sold 16,497 shares of EverCommerce stock. The shares were sold at an average price of $10.79, for a total value of $178,002.63.
- On Wednesday, March 18th, Eric Richard Remer sold 2,896 shares of EverCommerce stock. The shares were sold at an average price of $10.04, for a total value of $29,075.84.
- On Tuesday, March 17th, Eric Richard Remer sold 16,304 shares of EverCommerce stock. The shares were sold at an average price of $10.31, for a total value of $168,094.24.
EverCommerce Stock Performance
Shares of EverCommerce stock traded down $0.02 on Thursday, hitting $11.98. The stock had a trading volume of 140,957 shares, compared to its average volume of 147,656. EverCommerce Inc. has a twelve month low of $7.66 and a twelve month high of $14.41. The business's 50 day moving average is $11.07 and its two-hundred day moving average is $11.04. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.72. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 133.13, a price-to-earnings-growth ratio of 2.63 and a beta of 1.01.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). EverCommerce had a net margin of 2.99% and a return on equity of 2.49%. The firm had revenue of $151.15 million during the quarter, compared to analyst estimates of $150.06 million. During the same period in the previous year, the company posted ($0.07) EPS. EverCommerce's revenue for the quarter was up 5.2% compared to the same quarter last year. Analysts forecast that EverCommerce Inc. will post -0.17 EPS for the current year.
Institutional Investors Weigh In On EverCommerce
Several institutional investors and hedge funds have recently added to or reduced their stakes in EVCM. Tudor Investment Corp ET AL lifted its stake in EverCommerce by 200.7% during the third quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company's stock worth $1,397,000 after purchasing an additional 83,794 shares during the last quarter. Squarepoint Ops LLC bought a new stake in EverCommerce during the second quarter worth $595,000. Goldman Sachs Group Inc. lifted its stake in EverCommerce by 94.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 104,563 shares of the company's stock worth $1,266,000 after purchasing an additional 50,854 shares during the last quarter. Lazard Asset Management LLC lifted its stake in EverCommerce by 5,995.2% during the second quarter. Lazard Asset Management LLC now owns 49,859 shares of the company's stock worth $523,000 after purchasing an additional 49,041 shares during the last quarter. Finally, Zacks Investment Management bought a new stake in EverCommerce during the third quarter worth $418,000. 97.91% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada reduced their price target on EverCommerce from $12.00 to $11.00 and set a "sector perform" rating on the stock in a research report on Friday, March 13th. Citizens Jmp downgraded EverCommerce from an "outperform" rating to a "market perform" rating in a research report on Friday, March 13th. Raymond James Financial downgraded EverCommerce from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, January 6th. Wall Street Zen raised EverCommerce from a "hold" rating to a "buy" rating in a research report on Saturday, March 21st. Finally, The Goldman Sachs Group reduced their price target on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research report on Friday, March 13th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $10.71.
View Our Latest Report on EverCommerce
EverCommerce Company Profile
(
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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