Numerai GP LLC Boosts Position in SEMrush Holdings, Inc. $SEMR

Numerai GP LLC raised its holdings in shares of SEMrush Holdings, Inc. (NYSE:SEMR) by 983.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 369,251 shares of the company’s stock after buying an additional 335,172 shares during the period. Numerai GP LLC owned about 0.25% of SEMrush worth $2,614,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Millennium Management LLC raised its stake in shares of SEMrush by 81.6% in the 3rd quarter. Millennium Management LLC now owns 1,023,761 shares of the company’s stock valued at $7,248,000 after acquiring an additional 459,973 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in SEMrush in the 3rd quarter valued at $144,000. Brevan Howard Capital Management LP purchased a new position in SEMrush in the third quarter valued at about $437,000. Bank of America Corp DE raised its position in SEMrush by 11.3% in the third quarter. Bank of America Corp DE now owns 1,045,981 shares of the company’s stock valued at $7,406,000 after purchasing an additional 105,837 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of SEMrush by 37.4% during the third quarter. Alliancebernstein L.P. now owns 267,301 shares of the company’s stock worth $1,892,000 after purchasing an additional 72,817 shares in the last quarter. 32.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $12.00 target price (up from $10.00) on shares of SEMrush in a research note on Thursday, November 20th. Needham & Company LLC restated a “hold” rating on shares of SEMrush in a report on Wednesday, November 19th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of SEMrush in a research report on Wednesday, January 21st. Northland Securities cut shares of SEMrush from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, KeyCorp restated a “sector weight” rating on shares of SEMrush in a research note on Wednesday, November 19th. Seven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SEMrush currently has an average rating of “Reduce” and an average price target of $10.80.

Insider Activity

In related news, CTO Oleg Shchegolev sold 200,000 shares of SEMrush stock in a transaction on Monday, March 9th. The shares were sold at an average price of $11.93, for a total value of $2,386,000.00. Following the completion of the sale, the chief technology officer owned 7,174,188 shares in the company, valued at approximately $85,588,062.84. The trade was a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 55.61% of the company’s stock.

SEMrush Stock Performance

NYSE:SEMR opened at $11.93 on Tuesday. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of -108.41 and a beta of 1.55. SEMrush Holdings, Inc. has a one year low of $6.56 and a one year high of $11.95. The business’s 50-day simple moving average is $11.88 and its 200 day simple moving average is $10.04.

SEMrush (NYSE:SEMR) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.07) earnings per share for the quarter. SEMrush had a negative net margin of 4.27% and a negative return on equity of 3.19%. The business had revenue of $117.66 million for the quarter.

About SEMrush

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.