EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 10,406 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $9.65, for a total transaction of $100,417.90. Following the sale, the chief executive officer now directly owns 7,734,396 shares in the company, valued at approximately $74,636,921.40. This represents a 0.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Thursday, February 20th, Eric Richard Remer sold 8,012 shares of EverCommerce stock. The stock was sold at an average price of $10.58, for a total value of $84,766.96.
- On Tuesday, February 18th, Eric Richard Remer sold 7,026 shares of EverCommerce stock. The stock was sold at an average price of $10.94, for a total value of $76,864.44.
- On Thursday, February 13th, Eric Richard Remer sold 8,720 shares of EverCommerce stock. The shares were sold at an average price of $10.80, for a total transaction of $94,176.00.
- On Tuesday, February 11th, Eric Richard Remer sold 13,856 shares of EverCommerce stock. The stock was sold at an average price of $10.81, for a total value of $149,783.36.
- On Thursday, February 6th, Eric Richard Remer sold 11,200 shares of EverCommerce stock. The stock was sold at an average price of $10.12, for a total value of $113,344.00.
- On Tuesday, February 4th, Eric Richard Remer sold 7,507 shares of EverCommerce stock. The shares were sold at an average price of $10.05, for a total transaction of $75,445.35.
- On Thursday, January 30th, Eric Richard Remer sold 10,942 shares of EverCommerce stock. The shares were sold at an average price of $10.26, for a total transaction of $112,264.92.
- On Tuesday, January 28th, Eric Richard Remer sold 8,761 shares of EverCommerce stock. The stock was sold at an average price of $10.56, for a total value of $92,516.16.
- On Thursday, January 23rd, Eric Richard Remer sold 8,552 shares of EverCommerce stock. The stock was sold at an average price of $10.21, for a total value of $87,315.92.
- On Tuesday, January 21st, Eric Richard Remer sold 5,117 shares of EverCommerce stock. The stock was sold at an average price of $10.39, for a total transaction of $53,165.63.
EverCommerce Stock Performance
EVCM opened at $9.64 on Wednesday. The firm has a market cap of $1.77 billion, a P/E ratio of -34.43 and a beta of 1.13. 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 Inc. has a 52-week low of $6.22 and a 52-week high of $12.35. The business's fifty day moving average is $10.46 and its 200-day moving average is $10.77.
Institutional Trading of EverCommerce
Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of EverCommerce in the 4th quarter valued at $29,000. Tower Research Capital LLC TRC boosted its stake in EverCommerce by 145.8% in the fourth 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 in the last quarter. Deutsche Bank AG grew its position in EverCommerce by 919.0% in the fourth quarter. Deutsche Bank AG now owns 4,066 shares of the company's stock valued at $45,000 after acquiring an additional 3,667 shares during the last quarter. Wells Fargo & Company MN raised its stake in EverCommerce by 41.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,553 shares of the company's stock worth $116,000 after acquiring an additional 3,106 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in shares of EverCommerce in the fourth quarter worth about $119,000. Institutional investors and hedge funds own 97.91% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Royal Bank of Canada upped their price objective on EverCommerce from $12.00 to $14.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 13th. Oppenheimer increased their price target on EverCommerce from $12.00 to $13.00 and gave the company an "outperform" rating in a research report on Wednesday, November 13th. Barclays increased their price objective on EverCommerce from $9.00 to $12.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. Piper Sandler boosted their price objective on shares of EverCommerce from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 13th. Finally, JMP Securities lifted their price target on EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $12.56.
Read Our Latest Analysis on EVCM
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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