EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 14,973 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $10.65, for a total transaction of $159,462.45. Following the sale, the chief executive officer directly owned 5,325,190 shares of the company's stock, valued at approximately $56,713,273.50. The trade was a 0.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Wednesday, July 16th, Eric Richard Remer sold 9,527 shares of EverCommerce stock. The stock was sold at an average price of $10.55, for a total value of $100,509.85.
- On Wednesday, July 9th, Eric Richard Remer sold 8,204 shares of EverCommerce stock. The stock was sold at an average price of $10.70, for a total value of $87,782.80.
- On Tuesday, July 8th, Eric Richard Remer sold 16,296 shares of EverCommerce stock. The shares were sold at an average price of $10.75, for a total transaction of $175,182.00.
- On Wednesday, June 25th, Eric Richard Remer sold 4,789 shares of EverCommerce stock. The stock was sold at an average price of $10.02, for a total transaction of $47,985.78.
- On Tuesday, June 24th, Eric Richard Remer sold 19,711 shares of EverCommerce stock. The shares were sold at an average price of $10.02, for a total transaction of $197,504.22.
- On Tuesday, June 17th, Eric Richard Remer sold 4,455 shares of EverCommerce stock. The stock was sold at an average price of $9.51, for a total transaction of $42,367.05.
- On Monday, June 16th, Eric Richard Remer sold 20,045 shares of EverCommerce stock. The shares were sold at an average price of $9.56, for a total value of $191,630.20.
- On Thursday, May 29th, Eric Richard Remer sold 1,425 shares of EverCommerce stock. The shares were sold at an average price of $10.00, for a total value of $14,250.00.
- On Wednesday, May 28th, Eric Richard Remer sold 12,272 shares of EverCommerce stock. The shares were sold at an average price of $10.05, for a total value of $123,333.60.
- On Tuesday, May 27th, Eric Richard Remer sold 10,803 shares of EverCommerce stock. The stock was sold at an average price of $9.96, for a total value of $107,597.88.
EverCommerce Trading Down 0.5%
Shares of EVCM stock traded down $0.06 during trading hours on Friday, reaching $11.19. 194,505 shares of the stock were exchanged, compared to its average volume of 139,743. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -62.17 and a beta of 1.05. EverCommerce Inc. has a 12-month low of $8.10 and a 12-month high of $12.35. The company's 50-day moving average price is $10.30 and its 200-day moving average price is $10.20. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.70.
EverCommerce (NASDAQ:EVCM - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). EverCommerce had a negative net margin of 4.84% and a negative return on equity of 3.13%. The business had revenue of $142.27 million for the quarter, compared to analysts' expectations of $146.28 million. During the same quarter last year, the firm earned ($0.09) EPS. The firm's quarterly revenue was down 16.3% on a year-over-year basis. As a group, equities analysts anticipate that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Barclays boosted their price target on shares of EverCommerce from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Canaccord Genuity Group upped their target price on shares of EverCommerce from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Monday, May 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.36.
Check Out Our Latest Analysis on EVCM
Institutional Trading of EverCommerce
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in shares of EverCommerce during the fourth quarter valued at $29,000. Tower Research Capital LLC TRC boosted its position in EverCommerce by 145.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company's stock valued at $38,000 after buying an additional 2,040 shares during the period. Deutsche Bank AG grew its stake in EverCommerce by 919.0% in the 4th quarter. Deutsche Bank AG now owns 4,066 shares of the company's stock worth $45,000 after acquiring an additional 3,667 shares in the last quarter. EntryPoint Capital LLC purchased a new position in shares of EverCommerce during the first quarter worth approximately $102,000. Finally, Wells Fargo & Company MN raised its stake in shares of EverCommerce by 41.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,553 shares of the company's stock valued at $116,000 after acquiring an additional 3,106 shares in the last quarter. Hedge funds and other institutional investors own 97.91% of the company's stock.
About EverCommerce
(
Get Free Report)
EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.
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