State of Wyoming Purchases New Shares 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 purchased a new position in shares of Commerce.com, Inc. (NASDAQ:CMRC - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 62,266 shares of the company's stock, valued at approximately $359,000. State of Wyoming owned approximately 0.08% of Commerce.com as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trexquant Investment LP grew its holdings in Commerce.com by 105.4% during the 1st quarter. Trexquant Investment LP now owns 777,992 shares of the company's stock worth $4,481,000 after acquiring an additional 399,164 shares in the last quarter. Ieq Capital LLC acquired a new position in Commerce.com during the 1st quarter worth approximately $147,000. Jump Financial LLC acquired a new position in Commerce.com during the 1st quarter worth approximately $256,000. Sei Investments Co. acquired a new position in Commerce.com during the 1st quarter worth approximately $64,000. Finally, Nuveen LLC acquired a new position in Commerce.com during the 1st quarter worth approximately $898,000. Institutional investors and hedge funds own 79.21% of the company's stock.

Analysts Set New Price Targets

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

Commerce.com Stock Performance

CMRC stock traded up $0.02 on Friday, hitting $4.47. The company's stock had a trading volume of 571,528 shares, compared to its average volume of 830,759. The firm has a 50 day moving average of $4.79 and a two-hundred day moving average of $5.24. Commerce.com, Inc. has a 1 year low of $4.14 and a 1 year high of $7.99. The stock has a market cap of $360.91 million, a price-to-earnings ratio of -20.32 and a beta of 1.15. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 4.06.

Commerce.com (NASDAQ:CMRC - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $84.43 million during the quarter, compared to the consensus estimate of $86.08 million. During the same quarter in the prior year, the firm earned $0.05 EPS. Commerce.com's revenue for the quarter was up 3.2% on a year-over-year basis. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

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.