EverCommerce Inc. (NASDAQ:EVCM - Get Free Report) CEO Eric Richard Remer sold 2,412 shares of the business's stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $10.20, for a total transaction of $24,602.40. Following the transaction, the chief executive officer now directly owns 7,511,663 shares of the company's stock, valued at approximately $76,618,962.60. This represents a 0.03 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, April 22nd, Eric Richard Remer sold 10,807 shares of EverCommerce stock. The stock was sold at an average price of $9.86, for a total value of $106,557.02.
- On Thursday, April 17th, Eric Richard Remer sold 7,134 shares of EverCommerce stock. The shares were sold at an average price of $10.02, for a total value of $71,482.68.
- On Tuesday, April 15th, Eric Richard Remer sold 8,366 shares of EverCommerce stock. The stock was sold at an average price of $10.03, for a total value of $83,910.98.
- On Wednesday, April 9th, Eric Richard Remer sold 8,149 shares of EverCommerce stock. The stock was sold at an average price of $9.41, for a total value of $76,682.09.
- 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 transaction of $160,285.59.
- On Tuesday, April 1st, Eric Richard Remer sold 11,137 shares of EverCommerce stock. The shares were sold at an average price of $10.11, for a total transaction of $112,595.07.
- On Thursday, March 27th, Eric Richard Remer sold 7,164 shares of EverCommerce stock. The stock was 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 shares were 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 stock was sold at an average price of $9.97, for a total value 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 value of $98,512.47.
EverCommerce Stock Performance
NASDAQ:EVCM opened at $10.25 on Friday. The stock has a market capitalization of $1.88 billion, a P/E ratio of -36.61 and a beta of 1.06. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68. EverCommerce Inc. has a 1 year low of $8.10 and a 1 year high of $12.35. The firm has a 50 day moving average of $9.95 and a 200-day moving average of $10.63.
EverCommerce (NASDAQ:EVCM - Get Free Report) last issued its quarterly earnings data on Thursday, March 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.05). The business had revenue of $175.00 million during the quarter, compared to the consensus estimate 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 firm posted ($0.12) EPS. As a group, sell-side analysts anticipate that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.
Analyst Ratings Changes
EVCM has been the topic of a number of research reports. The Goldman Sachs Group lowered their price objective on EverCommerce from $9.00 to $8.00 and set a "sell" rating on the stock in a research report on Friday, March 14th. Oppenheimer dropped their price objective on shares of EverCommerce from $13.00 to $12.00 and set an "outperform" rating for the company in a research note on Friday, March 14th. Jefferies Financial Group reduced their price objective 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. Piper Sandler lowered their target price on shares of EverCommerce from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Monday, March 17th. Finally, Royal Bank of Canada dropped their price target on shares of EverCommerce from $14.00 to $11.00 and set an "outperform" rating for the company in a research report on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, EverCommerce has an average rating of "Hold" and a consensus target price of $11.09.
Get Our Latest Stock Report on EVCM
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets bought a new position in shares of EverCommerce in the fourth quarter worth about $29,000. Tower Research Capital LLC TRC increased its holdings in shares of 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 purchasing an additional 2,040 shares in the last quarter. Deutsche Bank AG raised its position in EverCommerce by 919.0% in the 4th quarter. Deutsche Bank AG now owns 4,066 shares of the company's stock worth $45,000 after purchasing an additional 3,667 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in 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 buying an additional 3,106 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new position in EverCommerce during the 4th quarter worth $119,000. Institutional investors and hedge funds own 97.91% of the company's stock.
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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