Commerce.com, Inc. $CMRC Shares Purchased by Trexquant Investment LP

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 lifted its stake in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) by 105.4% in the first quarter, according to the company in its most recent disclosure with the Securities and 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 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GSA Capital Partners LLP boosted its holdings in Commerce.com by 211.8% in the first quarter. GSA Capital Partners LLP now owns 110,245 shares of the company's stock valued at $635,000 after purchasing an additional 74,890 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Commerce.com by 20.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 111,052 shares of the company's stock valued at $680,000 after purchasing an additional 18,903 shares during the period. Two Sigma Advisers LP purchased a new position in Commerce.com in the fourth quarter valued at $327,000. US Bancorp DE boosted its holdings in Commerce.com by 12.1% in the first quarter. US Bancorp DE now owns 22,196 shares of the company's stock valued at $128,000 after purchasing an additional 2,400 shares during the period. Finally, Two Sigma Investments LP purchased a new position in Commerce.com in the fourth quarter valued at $1,018,000. 79.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Commerce.com Price Performance

Shares of CMRC remained flat at $4.45 during midday trading on Thursday. The stock had a trading volume of 663,958 shares, compared to its average volume of 847,073. The firm has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $5.28. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.13 and a quick ratio of 2.13. Commerce.com, Inc. has a twelve month low of $4.14 and a twelve month high of $7.99. The stock has a market cap of $359.29 million, a P/E ratio of -20.23 and a beta of 1.15.

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

About Commerce.com

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.