EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 11,137 shares of the business's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $10.11, for a total value of $112,595.07. Following the transaction, the chief executive officer now directly owns 7,609,933 shares in the company, valued at $76,936,422.63. This trade represents a 0.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Thursday, April 3rd, Eric Richard Remer sold 16,339 shares of EverCommerce stock. The stock was sold at an average price of $9.81, for a total value of $160,285.59.
- On Thursday, March 27th, Eric Richard Remer sold 7,164 shares of EverCommerce stock. The shares were sold at an average price of $10.51, for a total transaction of $75,293.64.
- On Tuesday, March 25th, Eric Richard Remer sold 9,366 shares of EverCommerce stock. The stock was sold at an average price of $10.51, for a total transaction of $98,436.66.
- On Thursday, March 20th, Eric Richard Remer sold 13,552 shares of EverCommerce stock. The shares were sold at an average price of $9.97, for a total transaction of $135,113.44.
- On Tuesday, March 18th, Eric Richard Remer sold 9,981 shares of EverCommerce stock. The shares were sold at an average price of $9.87, for a total transaction of $98,512.47.
- On Thursday, March 13th, Eric Richard Remer sold 10,117 shares of EverCommerce stock. The stock was sold at an average price of $9.05, for a total value of $91,558.85.
- On Tuesday, March 11th, Eric Richard Remer sold 9,404 shares of EverCommerce stock. The shares were 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 value 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 transaction of $84,766.96.
EverCommerce Price Performance
EVCM stock opened at $9.77 on Friday. The business's 50-day moving average is $10.13 and its two-hundred day moving average is $10.69. 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 $1.79 billion, a P/E ratio of -34.89 and a beta of 1.12. EverCommerce Inc. has a 1 year low of $8.10 and a 1 year high of $12.35.
EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its earnings results on Thursday, March 13th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $175.00 million during the quarter, compared to analyst estimates of $170.48 million. During the same period last year, the business earned ($0.12) EPS. The firm's revenue was up 3.3% compared to the same quarter last year. Analysts anticipate that EverCommerce Inc. will post -0.17 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on EVCM shares. Jefferies Financial Group decreased their price objective on shares of EverCommerce from $12.00 to $10.00 and set a "hold" rating on the stock in a report on Friday, March 14th. Royal Bank of Canada decreased their price target on EverCommerce from $14.00 to $11.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. 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 research report on Friday, March 14th. Oppenheimer cut their price objective on EverCommerce from $13.00 to $12.00 and set an "outperform" rating on the stock in a report on Friday, March 14th. Finally, Piper Sandler lowered their target price on EverCommerce from $11.00 to $9.00 and set a "neutral" rating for the company in a report on Monday, March 17th. 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's stock. According to MarketBeat, EverCommerce has an average rating of "Hold" and a consensus price target of $11.09.
View Our Latest Stock Analysis on EverCommerce
Hedge Funds Weigh In On EverCommerce
A number of institutional investors and hedge funds have recently modified their holdings of EVCM. BNP Paribas Financial Markets acquired a new stake in EverCommerce in the fourth quarter valued at $29,000. Tower Research Capital LLC TRC increased its holdings in shares of EverCommerce by 145.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company's stock valued at $38,000 after acquiring an additional 2,040 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of EverCommerce by 919.0% in the 4th 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 position in shares of EverCommerce by 41.7% during the 4th 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. purchased a new stake in EverCommerce during the fourth quarter worth approximately $119,000. Institutional investors and hedge funds own 97.91% of the company's stock.
EverCommerce Company Profile
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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.
Further Reading
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