EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 11,137 shares of EverCommerce stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $10.11, for a total transaction of $112,595.07. Following the transaction, the chief executive officer now directly owns 7,609,933 shares in the company, valued at $76,936,422.63. This trade represents a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Thursday, April 3rd, Eric Richard Remer sold 16,339 shares of EverCommerce stock. The shares were sold at an average price of $9.81, for a total transaction of $160,285.59.
- On Thursday, March 27th, Eric Richard Remer sold 7,164 shares of EverCommerce stock. The stock was sold at an average price of $10.51, for a total transaction of $75,293.64.
- On Tuesday, March 25th, Eric Richard Remer sold 9,366 shares of EverCommerce stock. The shares were sold at an average price of $10.51, for a total transaction of $98,436.66.
- On Thursday, March 20th, Eric Richard Remer sold 13,552 shares of EverCommerce stock. The stock was sold at an average price of $9.97, for a total value of $135,113.44.
- On Tuesday, March 18th, Eric Richard Remer sold 9,981 shares of EverCommerce stock. The shares were sold at an average price of $9.87, for a total value of $98,512.47.
- On Thursday, March 13th, Eric Richard Remer sold 10,117 shares of EverCommerce stock. The stock was sold at an average price of $9.05, for a total value of $91,558.85.
- On Tuesday, March 11th, Eric Richard Remer sold 9,404 shares of EverCommerce stock. The shares were sold at an average price of $9.06, for a total value of $85,200.24.
- On Thursday, March 6th, Eric Richard Remer sold 8,688 shares of EverCommerce stock. The stock was sold at an average price of $9.51, for a total transaction of $82,622.88.
- On Tuesday, March 4th, Eric Richard Remer sold 10,406 shares of EverCommerce stock. The shares were sold at an average price of $9.65, for a total transaction of $100,417.90.
- On Thursday, February 20th, Eric Richard Remer sold 8,012 shares of EverCommerce stock. The shares were sold at an average price of $10.58, for a total transaction of $84,766.96.
EverCommerce Trading Down 1.9 %
Shares of EVCM stock opened at $9.58 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a fifty day moving average price of $10.11 and a 200-day moving average price of $10.68. The company has a market cap of $1.76 billion, a price-to-earnings ratio of -34.21 and a beta of 1.06. EverCommerce Inc. has a 1 year low of $8.10 and a 1 year high of $12.35.
Institutional Investors Weigh In On EverCommerce
Several hedge funds and other institutional investors have recently made changes to their positions in EVCM. BNP Paribas Financial Markets bought a new stake in shares of EverCommerce during the fourth quarter worth $29,000. Tower Research Capital LLC TRC lifted its holdings in EverCommerce by 145.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company’s stock worth $38,000 after buying an additional 2,040 shares during the period. Deutsche Bank AG lifted its stake in shares of 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 purchasing an additional 3,667 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of EverCommerce by 41.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,553 shares of the company’s stock valued at $116,000 after buying an additional 3,106 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new position in EverCommerce in the fourth quarter worth $119,000. Hedge funds and other institutional investors own 97.91% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. Piper Sandler cut their target price on EverCommerce from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Monday, March 17th. Barclays cut their price objective on EverCommerce from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Friday, March 14th. Jefferies Financial Group decreased 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. The Goldman Sachs Group cut their price target on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating on the stock in a report on Friday, March 14th. Finally, Oppenheimer decreased their price objective on shares of EverCommerce from $13.00 to $12.00 and set an “outperform” rating for the company in a report 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, EverCommerce currently has an average rating of “Hold” and an average target price of $11.09.
View Our Latest Stock Analysis on EVCM
About EverCommerce
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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