S Squared Technology LLC Grows Position in Commerce.com, Inc. $CMRC

Key Points

• S Squared Technology LLC increased its stake in Commerce.com, Inc. by 1,137.3%, acquiring an additional 568,662 shares in the first quarter.
• Institutional investors and hedge funds collectively own 79.21% of Commerce.com, indicating significant institutional interest in the company.
• Commerce.com reported a $0.04 EPS for the most recent quarter, surpassing the consensus estimate of $0.03, although revenue lagged slightly behind expectations at $84.43 million.

S Squared Technology LLC increased its stake in shares of Commerce.com, Inc. (NASDAQ:CMRC - Free Report) by 1,137.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 618,662 shares of the company's stock after buying an additional 568,662 shares during the period. Commerce.com comprises about 1.8% of S Squared Technology LLC's holdings, making the stock its 22nd biggest position. S Squared Technology LLC owned about 0.79% of Commerce.com worth $3,563,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in CMRC. US Bancorp DE raised its position in shares of 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. Rhumbline Advisers increased its position in shares of Commerce.com by 3.6% in the first quarter. Rhumbline Advisers now owns 101,451 shares of the company's stock worth $584,000 after purchasing an additional 3,535 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Commerce.com by 8,196.8% during the 1st quarter. GAMMA Investing LLC now owns 5,144 shares of the company's stock valued at $30,000 after buying an additional 5,082 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Commerce.com in the 4th quarter worth approximately $35,000. Finally, CWM LLC boosted its stake in shares of Commerce.com by 87.4% in the 1st quarter. CWM LLC now owns 12,482 shares of the company's stock valued at $72,000 after purchasing an additional 5,820 shares in the last quarter. Hedge funds and other institutional investors own 79.21% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CMRC. Canaccord Genuity Group reiterated a "buy" rating and issued a $11.00 price objective on shares of Commerce.com in a research report on Friday, August 1st. Needham & Company LLC reiterated a "buy" rating and set a $10.00 price target on shares of Commerce.com in a report on Wednesday, August 20th. Finally, Wall Street Zen raised shares of Commerce.com from a "hold" rating to a "buy" rating in a research report on Sunday, August 10th. Three investment 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. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $8.42.

Commerce.com Stock Down 1.7%

Shares of NASDAQ CMRC traded down $0.08 during trading on Friday, reaching $4.58. The company had a trading volume of 643,896 shares, compared to its average volume of 850,714. Commerce.com, Inc. has a 12-month low of $4.14 and a 12-month high of $7.99. The stock has a market cap of $369.77 million, a PE ratio of -20.82 and a beta of 1.15. The business's 50-day moving average is $4.76 and its 200 day moving average is $5.19. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 4.06.

Commerce.com (NASDAQ:CMRC - Get Free Report) last released 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. Commerce.com had a negative return on equity of 25.13% and a negative net margin of 5.37%.The firm had revenue of $84.43 million for the quarter, compared to analysts' expectations of $86.08 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The company's quarterly 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 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.