EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 4,464 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $12.06, for a total transaction of $53,835.84. Following the transaction, the chief executive officer now owns 7,921,059 shares in the company, valued at approximately $95,527,971.54. This trade represents a 0.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, December 10th, Eric Richard Remer sold 9,560 shares of EverCommerce stock. The shares were sold at an average price of $11.90, for a total transaction of $113,764.00.
- On Thursday, November 21st, Eric Richard Remer sold 10,513 shares of EverCommerce stock. The stock was sold at an average price of $11.52, for a total value of $121,109.76.
- On Tuesday, November 19th, Eric Richard Remer sold 8,818 shares of EverCommerce stock. The shares were sold at an average price of $11.03, for a total value of $97,262.54.
- On Thursday, November 14th, Eric Richard Remer sold 13,200 shares of EverCommerce stock. The stock was sold at an average price of $11.04, for a total value of $145,728.00.
- On Tuesday, November 12th, Eric Richard Remer sold 8,867 shares of EverCommerce stock. The shares were sold at an average price of $12.01, for a total transaction of $106,492.67.
- On Thursday, November 7th, Eric Richard Remer sold 18,142 shares of EverCommerce stock. The stock was sold at an average price of $11.73, for a total transaction of $212,805.66.
- On Tuesday, November 5th, Eric Richard Remer sold 10,870 shares of EverCommerce stock. The shares were sold at an average price of $10.97, for a total transaction of $119,243.90.
- On Thursday, October 31st, Eric Richard Remer sold 5,065 shares of EverCommerce stock. The stock was sold at an average price of $10.57, for a total transaction of $53,537.05.
- On Tuesday, October 29th, Eric Richard Remer sold 4,400 shares of EverCommerce stock. The stock was sold at an average price of $10.67, for a total value of $46,948.00.
- On Wednesday, October 23rd, Eric Richard Remer sold 4,200 shares of EverCommerce stock. The shares were sold at an average price of $10.37, for a total value of $43,554.00.
EverCommerce Stock Down 0.6 %
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Shares of EverCommerce stock opened at $12.02 on Friday. The stock's 50-day simple moving average is $11.19 and its 200-day simple moving average is $10.77. EverCommerce Inc. has a 52 week low of $6.22 and a 52 week high of $12.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.81 and a current ratio of 1.81.
EverCommerce (NASDAQ:EVCM - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The business had revenue of $176.26 million during the quarter, compared to analysts' expectations of $174.87 million. The business's revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts predict that EverCommerce Inc. will post -0.17 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. Oppenheimer lifted their target price on EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Barclays lifted their target price on EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 13th. JMP Securities lifted their target price on EverCommerce from $12.00 to $15.00 and gave the company a "market outperform" rating in a research report on Wednesday, November 13th. Royal Bank of Canada lifted their target price on EverCommerce from $12.00 to $14.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Finally, Piper Sandler lifted their target price on EverCommerce from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $12.56.
Check Out Our Latest Analysis on EVCM
Institutional Investors Weigh In On EverCommerce
Hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in shares of EverCommerce in the third quarter worth about $107,000. The Manufacturers Life Insurance Company lifted its position in shares of EverCommerce by 10.6% in the second quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company's stock worth $125,000 after buying an additional 1,089 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of EverCommerce by 19.4% in the second quarter. Renaissance Technologies LLC now owns 16,600 shares of the company's stock worth $182,000 after buying an additional 2,700 shares in the last quarter. RIA Advisory Group LLC purchased a new stake in shares of EverCommerce in the third quarter worth about $241,000. Finally, Barclays PLC lifted its position in shares of EverCommerce by 305.6% in the third quarter. Barclays PLC now owns 29,677 shares of the company's stock worth $307,000 after buying an additional 22,360 shares in the last quarter. 97.91% of the stock is currently owned by hedge funds and other institutional investors.
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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