EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) President Matthew David Feierstein sold 8,963 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $10.02, for a total value of $89,809.26. Following the sale, the president now owns 2,408,089 shares in the company, valued at $24,129,051.78. The trade was a 0.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Matthew David Feierstein also recently made the following trade(s):
- On Wednesday, March 19th, Matthew David Feierstein sold 15,837 shares of EverCommerce stock. The shares were sold at an average price of $10.02, for a total value of $158,686.74.
- On Monday, March 3rd, Matthew David Feierstein sold 200 shares of EverCommerce stock. The stock was sold at an average price of $10.01, for a total value of $2,002.00.
- On Wednesday, February 5th, Matthew David Feierstein sold 5,513 shares of EverCommerce stock. The stock was sold at an average price of $10.07, for a total transaction of $55,515.91.
- On Monday, February 3rd, Matthew David Feierstein sold 2,888 shares of EverCommerce stock. The shares were sold at an average price of $10.01, for a total transaction of $28,908.88.
- On Thursday, January 2nd, Matthew David Feierstein sold 20,401 shares of EverCommerce stock. The stock was sold at an average price of $10.81, for a total transaction of $220,534.81.
EverCommerce Stock Performance
Shares of EVCM opened at $10.02 on Thursday. The company has a 50-day simple moving average of $10.13 and a two-hundred day simple moving average of $10.70. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market capitalization of $1.84 billion, a PE ratio of -35.78 and a beta of 1.12. EverCommerce Inc. has a one year low of $8.10 and a one year high of $12.35.
EverCommerce (NASDAQ:EVCM - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.05). The firm had revenue of $175.00 million during the quarter, compared to analysts' expectations of $170.48 million. EverCommerce had a negative net margin of 7.53% and a negative return on equity of 6.56%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.12) EPS. On average, analysts anticipate that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts have recently commented on the company. The Goldman Sachs Group decreased their price objective on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a report on Friday, March 14th. Piper Sandler lowered their price objective on EverCommerce from $11.00 to $9.00 and set a "neutral" rating for the company in a research report on Monday. Oppenheimer cut their target price on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a report on Friday, March 14th. Jefferies Financial Group lowered their price target on shares of EverCommerce from $12.00 to $10.00 and set a "hold" rating for the company in a report on Friday, March 14th. Finally, Royal Bank of Canada decreased their price objective on shares of EverCommerce from $14.00 to $11.00 and set an "outperform" rating on the stock in a research report on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, EverCommerce currently has an average rating of "Hold" and a consensus price target of $11.09.
Read Our Latest Report on EverCommerce
Institutional Trading of EverCommerce
A number of hedge funds have recently modified their holdings of EVCM. Edgestream Partners L.P. bought a new position in shares of EverCommerce in the 3rd quarter worth about $536,000. Janus Henderson Group PLC lifted its holdings in shares of EverCommerce by 1.2% during the third quarter. Janus Henderson Group PLC now owns 318,136 shares of the company's stock valued at $3,296,000 after purchasing an additional 3,837 shares during the last quarter. State Street Corp boosted its position in shares of EverCommerce by 2.4% in the 3rd quarter. State Street Corp now owns 514,965 shares of the company's stock worth $5,335,000 after purchasing an additional 12,156 shares in the last quarter. Barclays PLC grew its stake in shares of EverCommerce by 305.6% in the 3rd quarter. Barclays PLC now owns 29,677 shares of the company's stock worth $307,000 after buying an additional 22,360 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in EverCommerce by 161.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 102,265 shares of the company's stock valued at $1,059,000 after buying an additional 63,139 shares in the last quarter. Institutional investors own 97.91% of the company's stock.
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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