EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 10,117 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $9.05, for a total transaction of $91,558.85. Following the completion of the sale, the chief executive officer now owns 7,686,872 shares in the company, valued at $69,566,191.60. The trade was a 0.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, March 11th, Eric Richard Remer sold 9,404 shares of EverCommerce stock. The stock was 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 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 transaction of $76,864.44.
- On Thursday, February 13th, Eric Richard Remer sold 8,720 shares of EverCommerce stock. The stock was sold at an average price of $10.80, for a total value 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 stock was 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 stock was sold at an average price of $10.26, for a total transaction of $112,264.92.
EverCommerce Stock Up 4.6 %
EVCM stock opened at $9.36 on Friday. The firm has a market cap of $1.72 billion, a PE ratio of -33.43 and a beta of 1.12. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68. The company has a fifty day simple moving average of $10.17 and a 200 day simple moving average of $10.71. EverCommerce Inc. has a 1 year low of $6.22 and a 1 year high of $12.35.
EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The company had revenue of $175.00 million during the quarter, compared to the consensus estimate of $170.48 million. EverCommerce's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the company earned ($0.12) earnings per share. Sell-side analysts anticipate that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.
Hedge Funds Weigh In On EverCommerce
Several large investors have recently added to or reduced their stakes in EVCM. Mackenzie Financial Corp acquired a new position in shares of EverCommerce in the fourth quarter valued at $127,000. Woodline Partners LP boosted 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 in the last quarter. State of Wyoming boosted its stake in EverCommerce by 245.4% in the 4th quarter. State of Wyoming now owns 32,875 shares of the company's stock valued at $362,000 after buying an additional 23,356 shares in the last quarter. Occudo Quantitative Strategies LP acquired a new position in EverCommerce during the fourth quarter worth $143,000. Finally, Janus Henderson Group PLC boosted its stake in shares of EverCommerce by 34.6% in the 4th 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 in the last quarter. Institutional investors and hedge funds own 97.91% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. The Goldman Sachs Group lowered their price target on EverCommerce from $9.00 to $8.00 and set a "sell" rating for the company in a report on Friday. Barclays reduced their target price on EverCommerce from $12.00 to $9.00 and set an "equal weight" rating on the stock in a report on Friday. Royal Bank of Canada reduced their price target on shares of EverCommerce from $14.00 to $11.00 and set an "outperform" rating on the stock in a research report on Friday. Oppenheimer lowered their price target on EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Jefferies Financial Group dropped their price target on EverCommerce from $12.00 to $10.00 and set a "hold" rating on the stock in a report on Friday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $11.27.
Get Our Latest Research Report on EVCM
EverCommerce Company Profile
(
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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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