Ardsley Advisory Partners LP Acquires Shares of 64,500 Commerce.com, Inc. $CMRC

Key Points

• Ardsley Advisory Partners LP acquired 64,500 shares of Commerce.com, Inc. worth approximately $372,000, representing about 0.08% ownership of the company.
• Institutional investors collectively own 79.21% of Commerce.com's stock, with PDT Partners and Cubist Systematic Strategies significantly increasing their stakes during the first quarter.
• Commerce.com reported a net margin of -5.37% and earnings of $0.04 per share, beating expectations, but also noted a slight revenue decline compared to analyst forecasts.

Ardsley Advisory Partners LP acquired a new stake in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 64,500 shares of the company's stock, valued at approximately $372,000. Ardsley Advisory Partners LP owned approximately 0.08% of Commerce.com as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PDT Partners LLC increased its stake in shares of Commerce.com by 120.4% during the first quarter. PDT Partners LLC now owns 118,206 shares of the company's stock worth $681,000 after purchasing an additional 64,563 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in shares of Commerce.com by 3,397.1% during the first quarter. Cubist Systematic Strategies LLC now owns 520,409 shares of the company's stock worth $2,998,000 after purchasing an additional 505,528 shares in the last quarter. Graham Capital Management L.P. increased its stake in shares of Commerce.com by 52.5% during the first quarter. Graham Capital Management L.P. now owns 149,593 shares of the company's stock worth $862,000 after purchasing an additional 51,486 shares in the last quarter. Magnetar Financial LLC purchased a new stake in shares of Commerce.com during the first quarter worth about $84,000. Finally, State of Wyoming purchased a new stake in shares of Commerce.com during the first quarter worth about $359,000. Hedge funds and other institutional investors own 79.21% of the company's stock.

Commerce.com Stock Performance

Commerce.com stock opened at $4.50 on Wednesday. The firm has a 50 day simple moving average of $4.82 and a 200-day simple moving average of $5.29. Commerce.com, Inc. has a 1-year low of $4.14 and a 1-year high of $7.99. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.13 and a quick ratio of 2.13. The stock has a market cap of $363.33 million, a price-to-earnings ratio of -20.45 and a beta of 1.15.

Commerce.com (NASDAQ:CMRC - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.04 earnings per share 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 analysts' expectations of $86.08 million. During the same quarter in the prior year, the company posted $0.05 EPS. The business'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.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CMRC shares. Canaccord Genuity Group reissued a "buy" rating and set a $11.00 target price on shares of Commerce.com in a research note on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $10.00 price target on shares of Commerce.com in a research report on Wednesday, August 20th. 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, The Goldman Sachs Group lowered their price target on shares of Commerce.com from $9.50 to $8.50 and set a "neutral" rating on the stock in a research report on Friday, May 9th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $8.42.

Commerce.com Company 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.

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