Insider Selling: Commerce.com (NASDAQ:CMRC) Insider Sells 98,080 Shares of Stock

Key Points

• Commerce.com insider Russell Scott Klein sold 98,080 shares at an average price of $4.59, totaling approximately $450,187, resulting in an 18.09% decrease in their ownership.
• The company reported a quarterly earnings per share (EPS) of $0.04, surpassing expectations, but had a revenue of $84.43 million which fell short of the forecasted $86.08 million.
• Analysts have mixed opinions on CMRC, with three firms giving buy ratings and an average price target of $8.42, despite some analysts maintaining a hold or sell stance.

Commerce.com, Inc. (NASDAQ:CMRC - Get Free Report) insider Russell Scott Klein sold 98,080 shares of the firm's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $4.59, for a total value of $450,187.20. Following the completion of the transaction, the insider owned 444,001 shares in the company, valued at approximately $2,037,964.59. This represents a 18.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Commerce.com Trading Down 4.9%

Commerce.com stock traded down $0.26 during mid-day trading on Friday, hitting $5.03. The stock had a trading volume of 993,851 shares, compared to its average volume of 835,418. The stock has a 50-day simple moving average of $4.74 and a two-hundred day simple moving average of $5.10. The stock has a market capitalization of $406.10 million, a PE ratio of -22.86 and a beta of 1.15. Commerce.com, Inc. has a 12 month low of $4.14 and a 12 month high of $7.99. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 4.06.

Commerce.com (NASDAQ:CMRC - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.04 earnings per share (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 quarter last year, the business earned $0.05 earnings per share. The company's revenue 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.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Canaccord Genuity Group restated a "buy" rating and set a $11.00 target price on shares of Commerce.com in a report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $10.00 target price on shares of Commerce.com in a report on Wednesday, August 20th. Finally, Wall Street Zen upgraded Commerce.com from a "hold" rating to a "buy" rating in a report on Sunday, August 10th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $8.42.

Institutional Trading of Commerce.com

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC lifted its position in shares of Commerce.com by 63.4% during the 2nd quarter. CWM LLC now owns 20,399 shares of the company's stock valued at $102,000 after acquiring an additional 7,917 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Commerce.com during the 2nd quarter valued at $76,000. Rhumbline Advisers lifted its position in shares of Commerce.com by 3.6% during the 1st quarter. Rhumbline Advisers now owns 101,451 shares of the company's stock valued at $584,000 after acquiring an additional 3,535 shares during the period. Acadian Asset Management LLC lifted its position in shares of Commerce.com by 714.4% during the 1st quarter. Acadian Asset Management LLC now owns 690,548 shares of the company's stock valued at $3,976,000 after acquiring an additional 605,753 shares during the period. Finally, S Squared Technology LLC lifted its position in shares of Commerce.com by 1,137.3% during the 1st quarter. S Squared Technology LLC now owns 618,662 shares of the company's stock valued at $3,563,000 after acquiring an additional 568,662 shares during the period. 79.21% of the stock is currently owned by institutional investors.

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.