State of Wyoming Takes $359,000 Position in Commerce.com, Inc. $CMRC

Key Points

• The State of Wyoming acquired **62,266 shares** in Commerce.com, Inc. (NASDAQ: CMRC) during the first quarter, with a total investment of approximately **$359,000**, representing about **0.08%** of the company's stock.
• Several institutional investors have recently increased their stakes in Commerce.com, including a **205.7%** increase by Tower Research Capital LLC and a **1,296.7%** boost from Aquatic Capital Management LLC during the fourth quarter.
• Commerce.com reported earnings of **$0.04 per share**, exceeding estimates of **$0.03**, but its revenue fell short of expectations, coming in at **$84.43 million** against a forecast of **$86.08 million**.

State of Wyoming bought a new stake in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 62,266 shares of the company's stock, valued at approximately $359,000. State of Wyoming owned about 0.08% of Commerce.com as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CMRC. GAMMA Investing LLC raised its position in shares of Commerce.com by 8,196.8% in the first quarter. GAMMA Investing LLC now owns 5,144 shares of the company's stock valued at $30,000 after buying an additional 5,082 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Commerce.com in the fourth quarter valued at about $35,000. Next Level Private LLC acquired a new stake in shares of Commerce.com in the first quarter valued at about $58,000. Sei Investments Co. acquired a new stake in Commerce.com during the first quarter worth about $64,000. Finally, CWM LLC increased its position in Commerce.com by 87.4% during the first quarter. CWM LLC now owns 12,482 shares of the company's stock worth $72,000 after purchasing an additional 5,820 shares during the last quarter. 79.21% of the stock is currently owned by institutional investors and hedge funds.

Commerce.com Trading Down 1.1%

CMRC stock traded down $0.05 during mid-day trading on Wednesday, hitting $4.45. 1,059,643 shares of the company were exchanged, compared to its average volume of 838,704. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 4.06. The firm has a market capitalization of $359.29 million, a P/E ratio of -20.23 and a beta of 1.15. The business has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $5.28. Commerce.com, Inc. has a 12-month low of $4.14 and a 12-month high of $7.99.

Commerce.com (NASDAQ:CMRC - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. Commerce.com had a negative net margin of 5.37% and a negative return on equity of 25.13%. The business had revenue of $84.43 million during the quarter, compared to analyst estimates of $86.08 million. During the same quarter last year, the firm posted $0.05 earnings per share. The business's revenue for the quarter was up 3.2% compared to the same quarter last year. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CMRC shares. Needham & Company LLC restated a "buy" rating and set a $10.00 price objective on shares of Commerce.com in a research report on Wednesday, August 20th. The Goldman Sachs Group cut their price objective on shares of Commerce.com from $9.50 to $8.50 and set a "neutral" rating for the company in a research report on Friday, May 9th. Wall Street Zen upgraded shares of Commerce.com from a "hold" rating to a "buy" rating in a research report on Sunday, August 10th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $11.00 target price on shares of Commerce.com in a research note on Friday, August 1st. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Commerce.com presently has an average rating of "Hold" and a consensus price target of $8.42.

Commerce.com Profile

BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company's platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.