Trexquant Investment LP Grows Stock Holdings in Commerce.com, Inc. $CMRC

Key Points

• Trexquant Investment LP significantly increased its stake in Commerce.com, Inc. by 105.4%, acquiring an additional 399,164 shares to bring its total to approximately 777,992 shares.
• Several institutional investors have made notable changes to their positions in Commerce.com, with 79.21% of the stock now held by institutional investors and hedge funds.
• Research analysts have mixed ratings on Commerce.com, with a consensus rating of "Hold" and price targets ranging from $8.50 to $11.00 per share.

Trexquant Investment LP boosted its position in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) by 105.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 777,992 shares of the company's stock after purchasing an additional 399,164 shares during the period. Trexquant Investment LP owned about 0.99% of Commerce.com worth $4,481,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CMRC. Millennium Management LLC lifted its position in Commerce.com by 1,073.1% in the fourth quarter. Millennium Management LLC now owns 1,245,111 shares of the company's stock valued at $7,620,000 after purchasing an additional 1,138,977 shares during the period. Sovereign s Capital Management LLC acquired a new stake in Commerce.com in the fourth quarter valued at about $2,586,000. Connor Clark & Lunn Investment Management Ltd. lifted its position in Commerce.com by 55.7% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,083,965 shares of the company's stock valued at $6,244,000 after purchasing an additional 387,836 shares during the period. G2 Investment Partners Management LLC acquired a new stake in Commerce.com in the fourth quarter valued at about $1,905,000. Finally, D. E. Shaw & Co. Inc. acquired a new stake in Commerce.com in the fourth quarter valued at about $1,282,000. Institutional investors and hedge funds own 79.21% of the company's stock.

Commerce.com Price Performance

Shares of CMRC stock traded up $0.02 during midday trading on Friday, reaching $4.47. 571,528 shares of the company traded hands, compared to its average volume of 830,759. 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 firm's 50 day simple moving average is $4.79 and its two-hundred day simple moving average is $5.24. Commerce.com, Inc. has a 1-year low of $4.14 and a 1-year high of $7.99. The firm has a market cap of $360.91 million, a PE ratio of -20.32 and a beta of 1.15.

Commerce.com (NASDAQ:CMRC - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates 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 period last year, the company posted $0.05 EPS. The company's revenue 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.

Analyst Ratings Changes

A number of research firms have recently issued reports on CMRC. The Goldman Sachs Group reduced their price target 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. Needham & Company LLC reiterated a "buy" rating and set a $10.00 price target on shares of Commerce.com in a research report on Wednesday, August 20th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $11.00 price target on shares of Commerce.com in a research report on Friday, August 1st. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.