EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 8,688 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $9.51, for a total transaction of $82,622.88. Following the sale, the chief executive officer now directly owns 7,716,630 shares of the company's stock, valued at approximately $73,385,151.30. This trade represents a 0.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, March 4th, Eric Richard Remer sold 10,406 shares of EverCommerce stock. The stock was 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 stock was sold at an average price of $10.58, for a total transaction of $84,766.96.
- On Tuesday, February 18th, Eric Richard Remer sold 7,026 shares of EverCommerce stock. The shares were sold at an average price of $10.94, for a total transaction 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 shares were sold at an average price of $10.81, for a total transaction of $149,783.36.
- On Thursday, February 6th, Eric Richard Remer sold 11,200 shares of EverCommerce stock. The shares were sold at an average price of $10.12, for a total transaction 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 shares were sold at an average price of $10.56, for a total transaction of $92,516.16.
- On Thursday, January 23rd, Eric Richard Remer sold 8,552 shares of EverCommerce stock. The shares were sold at an average price of $10.21, for a total transaction of $87,315.92.
EverCommerce Price Performance
Shares of NASDAQ:EVCM opened at $9.46 on Friday. The company's 50-day moving average is $10.39 and its 200 day moving average is $10.76. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.81 and a current ratio of 1.81. The company has a market capitalization of $1.74 billion, a P/E ratio of -33.78 and a beta of 1.12. EverCommerce Inc. has a fifty-two week low of $6.22 and a fifty-two week high of $12.35.
Wall Street Analyst Weigh In
EVCM has been the topic of a number of analyst reports. JMP Securities lifted their price objective on shares of EverCommerce from $12.00 to $15.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. Oppenheimer lifted their price objective on shares of EverCommerce from $12.00 to $13.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Royal Bank of Canada lifted their price objective on shares of EverCommerce from $12.00 to $14.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Piper Sandler lifted their price objective on shares of EverCommerce from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. Finally, Barclays lifted their price objective on shares of EverCommerce from $9.00 to $12.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $12.56.
Check Out Our Latest Research Report on EVCM
Hedge Funds Weigh In On EverCommerce
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mackenzie Financial Corp purchased a new position in shares of EverCommerce in the 4th quarter worth about $127,000. Woodline Partners LP lifted its holdings in EverCommerce by 24.8% during the fourth quarter. Woodline Partners LP now owns 535,094 shares of the company's stock valued at $5,891,000 after purchasing an additional 106,359 shares during the last quarter. State of Wyoming lifted its holdings in EverCommerce by 245.4% during the fourth quarter. State of Wyoming now owns 32,875 shares of the company's stock valued at $362,000 after purchasing an additional 23,356 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new stake in EverCommerce during the fourth quarter valued at about $143,000. Finally, Janus Henderson Group PLC lifted its holdings in EverCommerce by 34.6% during the fourth quarter. Janus Henderson Group PLC now owns 428,319 shares of the company's stock valued at $4,716,000 after purchasing an additional 110,183 shares during the last quarter. 97.91% of the stock is owned by hedge funds and other institutional investors.
EverCommerce Company Profile
(
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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