EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 4,789 shares of EverCommerce stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $10.02, for a total value of $47,985.78. Following the completion of the transaction, the chief executive officer now owns 5,364,663 shares in the company, valued at $53,753,923.26. The trade was a 0.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- 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 value 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 transaction of $191,630.20.
- On Thursday, May 29th, Eric Richard Remer sold 1,425 shares of EverCommerce stock. The stock was sold at an average price of $10.00, for a total transaction of $14,250.00.
- On Wednesday, May 28th, Eric Richard Remer sold 12,272 shares of EverCommerce stock. The stock was 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 shares were sold at an average price of $9.96, for a total value of $107,597.88.
- On Wednesday, May 14th, Eric Richard Remer sold 1,381 shares of EverCommerce stock. The shares were sold at an average price of $11.02, for a total transaction of $15,218.62.
- On Tuesday, May 13th, Eric Richard Remer sold 23,119 shares of EverCommerce stock. The stock was sold at an average price of $11.26, for a total transaction of $260,319.94.
- On Tuesday, April 29th, Eric Richard Remer sold 17,839 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total value of $179,281.95.
- On Thursday, April 24th, Eric Richard Remer sold 2,412 shares of EverCommerce stock. The shares were sold at an average price of $10.20, for a total value of $24,602.40.
EverCommerce Stock Up 3.5%
Shares of EVCM traded up $0.35 during mid-day trading on Thursday, hitting $10.42. 194,873 shares of the company's stock were exchanged, compared to its average volume of 154,658. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of -57.89 and a beta of 1.05. The firm has a fifty day moving average of $10.08 and a two-hundred day moving average of $10.30. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.70. EverCommerce Inc. has a twelve month low of $8.10 and a twelve month high of $12.35.
EverCommerce (NASDAQ:EVCM - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). EverCommerce had a negative return on equity of 3.13% and a negative net margin of 4.84%. The business had revenue of $142.27 million for the quarter, compared to analyst estimates of $146.28 million. During the same period in the previous year, the company earned ($0.09) earnings per share. The company's quarterly revenue was down 16.3% compared to the same quarter last year. On average, sell-side analysts forecast that EverCommerce Inc. will post -0.17 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Barclays increased their price target on EverCommerce from $9.00 to $11.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Canaccord Genuity Group raised their price objective on EverCommerce from $13.00 to $14.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. The Goldman Sachs Group decreased their target price on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a report on Friday, March 14th. Jefferies Financial Group reduced their target price on EverCommerce from $12.00 to $10.00 and set a "hold" rating for the company in a report on Friday, March 14th. Finally, Oppenheimer dropped their price target on EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $11.36.
Get Our Latest Stock Analysis on EVCM
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in EVCM. BNP Paribas Financial Markets acquired a new stake in shares of EverCommerce in the fourth quarter worth $29,000. Tower Research Capital LLC TRC raised its holdings in EverCommerce by 145.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company's stock worth $38,000 after acquiring an additional 2,040 shares during the period. Deutsche Bank AG lifted its position in EverCommerce by 919.0% during 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 during the last quarter. EntryPoint Capital LLC bought a new stake in EverCommerce during the first quarter valued at about $102,000. Finally, Wells Fargo & Company MN boosted its holdings in 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 during the period. Institutional investors and hedge funds own 97.91% of the company's stock.
EverCommerce Company Profile
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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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