Commerce.com, Inc. $CMRC Shares Sold by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC significantly reduced its stake in Commerce.com, cutting its holdings by 87.1% to 11,312 shares, valued at approximately $65,000.
• The company's stock recently opened at $4.85 and has a market capitalization of $391.59 million, with a 52-week range between $4.14 and $7.99.
• Commerce.com reported $0.04 earnings per share for the last quarter, exceeding the expected $0.03, while its revenue was up 3.2% year-over-year but fell short of analysts' expectations.

EntryPoint Capital LLC cut its position in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) by 87.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,312 shares of the company's stock after selling 76,468 shares during the quarter. EntryPoint Capital LLC's holdings in Commerce.com were worth $65,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in 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 acquiring an additional 74,890 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Commerce.com by 20.5% in the 4th 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 buying an additional 18,903 shares during the last quarter. Two Sigma Advisers LP bought a new position in shares of Commerce.com during the 4th quarter worth $327,000. US Bancorp DE grew its stake in shares of Commerce.com by 12.1% during the 1st quarter. US Bancorp DE now owns 22,196 shares of the company's stock worth $128,000 after acquiring an additional 2,400 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in Commerce.com during the 4th quarter worth about $1,018,000. 79.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on CMRC. Wall Street Zen upgraded Commerce.com from a "hold" rating to a "buy" rating in a research note on Sunday, August 10th. Needham & Company LLC reaffirmed a "buy" rating and issued a $10.00 price objective on shares of Commerce.com in a report on Wednesday, August 20th. The Goldman Sachs Group cut their price target on Commerce.com from $9.50 to $8.50 and set a "neutral" rating for the company in a report on Friday, May 9th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $11.00 price objective on shares of Commerce.com in a report 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 has a consensus rating of "Hold" and an average price target of $8.42.

Commerce.com Stock Down 0.2%

Shares of Commerce.com stock traded down $0.01 on Friday, hitting $4.65. The company had a trading volume of 176,683 shares, compared to its average volume of 844,432. The firm has a market capitalization of $375.44 million, a P/E ratio of -21.14 and a beta of 1.15. Commerce.com, Inc. has a twelve month low of $4.14 and a twelve month 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 50-day moving average of $4.84 and a 200-day moving average of $5.34.

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, 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 company had revenue of $84.43 million for the quarter, compared to analyst estimates of $86.08 million. During the same period in the prior year, the firm earned $0.05 earnings per share. 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.

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.