S Squared Technology LLC Buys 568,662 Shares of 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 raised its holdings in Commerce.com, Inc. (NASDAQ:CMRC - Free Report) by 1,137.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 618,662 shares of the company's stock after acquiring an additional 568,662 shares during the period. Commerce.com makes up 1.8% of S Squared Technology LLC's investment portfolio, making the stock its 22nd largest position. S Squared Technology LLC owned about 0.79% of Commerce.com worth $3,563,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Millennium Management LLC raised its holdings in shares of Commerce.com by 1,073.1% in the 4th quarter. Millennium Management LLC now owns 1,245,111 shares of the company's stock valued at $7,620,000 after acquiring an additional 1,138,977 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Commerce.com by 55.7% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,083,965 shares of the company's stock valued at $6,244,000 after buying an additional 387,836 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Commerce.com by 1.5% during the 4th quarter. Deutsche Bank AG now owns 990,275 shares of the company's stock valued at $6,060,000 after buying an additional 14,772 shares in the last quarter. Trexquant Investment LP raised its holdings in shares of Commerce.com by 105.4% during the 1st quarter. Trexquant Investment LP now owns 777,992 shares of the company's stock valued at $4,481,000 after buying an additional 399,164 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Commerce.com by 8.4% during the 4th quarter. Northern Trust Corp now owns 662,877 shares of the company's stock valued at $4,057,000 after buying an additional 51,428 shares in the last quarter. Hedge funds and other institutional investors own 79.21% of the company's stock.

Commerce.com Trading Down 1.7%

CMRC traded down $0.08 on Friday, hitting $4.58. 643,896 shares of the company were exchanged, compared to its average volume of 817,088. The firm has a fifty day simple moving average of $4.75 and a two-hundred day simple moving average of $5.15. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.13 and a current ratio of 2.13. Commerce.com, Inc. has a 12 month low of $4.14 and a 12 month high of $7.99. The stock has a market capitalization of $369.77 million, a PE ratio of -20.82 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 (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $84.43 million for the quarter, compared to analyst estimates of $86.08 million. During the same period last year, the company earned $0.05 EPS. Commerce.com's revenue for the quarter was up 3.2% compared to the same quarter last year. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Analysts Set New Price Targets

CMRC has been the topic of a number of research reports. Canaccord Genuity Group reissued a "buy" rating and set a $11.00 price objective on shares of Commerce.com in a report on Friday, August 1st. Needham & Company LLC reissued a "buy" rating and set a $10.00 price objective on shares of Commerce.com in a report on Wednesday, August 20th. 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $8.42.

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.