EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 2,703 shares of the stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $11.06, for a total transaction of $29,895.18. Following the completion of the sale, the chief executive officer owned 2,514,517 shares in the company, valued at approximately $27,810,558.02. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, March 24th, Eric Richard Remer sold 16,497 shares of EverCommerce stock. The shares were sold at an average price of $10.79, for a total transaction of $178,002.63.
- On Wednesday, March 18th, Eric Richard Remer sold 2,896 shares of EverCommerce stock. The shares were sold at an average price of $10.04, for a total transaction of $29,075.84.
- On Tuesday, March 17th, Eric Richard Remer sold 16,304 shares of EverCommerce stock. The stock was sold at an average price of $10.31, for a total value of $168,094.24.
- On Thursday, March 12th, Eric Richard Remer sold 1,874 shares of EverCommerce stock. The stock was sold at an average price of $12.13, for a total value of $22,731.62.
- On Wednesday, March 11th, Eric Richard Remer sold 6,279 shares of EverCommerce stock. The stock was sold at an average price of $12.05, for a total value of $75,661.95.
- On Tuesday, March 10th, Eric Richard Remer sold 11,047 shares of EverCommerce stock. The shares were sold at an average price of $11.87, for a total value of $131,127.89.
- On Tuesday, March 3rd, Eric Richard Remer sold 19,200 shares of EverCommerce stock. The stock was sold at an average price of $11.43, for a total value of $219,456.00.
- On Wednesday, February 25th, Eric Richard Remer sold 11,490 shares of EverCommerce stock. The stock was sold at an average price of $10.52, for a total value of $120,874.80.
- On Tuesday, February 24th, Eric Richard Remer sold 7,710 shares of EverCommerce stock. The shares were sold at an average price of $10.29, for a total value of $79,335.90.
- On Wednesday, February 18th, Eric Richard Remer sold 9,205 shares of EverCommerce stock. The shares were sold at an average price of $9.87, for a total value of $90,853.35.
EverCommerce Stock Up 7.5%
Shares of EVCM traded up $0.81 on Wednesday, hitting $11.63. The company’s stock had a trading volume of 190,764 shares, compared to its average volume of 153,191. The firm’s fifty day moving average price is $11.25 and its 200-day moving average price is $11.05. EverCommerce Inc. has a fifty-two week low of $7.66 and a fifty-two week high of $14.41. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 129.24, a P/E/G ratio of 2.48 and a beta of 1.04.
Analyst Upgrades and Downgrades
Several research firms recently commented on EVCM. Wall Street Zen raised shares of EverCommerce from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research cut EverCommerce from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. The Goldman Sachs Group dropped their price target on EverCommerce from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Friday, March 13th. Weiss Ratings upgraded EverCommerce from a “sell (d-)” rating to a “hold (c-)” rating in a report on Friday, March 13th. Finally, Citizens Jmp cut EverCommerce from an “outperform” rating to a “market perform” rating in a research report on Friday, March 13th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $10.71.
Read Our Latest Stock Report on EVCM
Institutional Trading of EverCommerce
Institutional investors have recently made changes to their positions in the business. Federated Hermes Inc. boosted its holdings in EverCommerce by 118.3% during the third quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock worth $34,000 after purchasing an additional 1,667 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in EverCommerce during the 3rd quarter worth about $91,000. R Squared Ltd bought a new stake in EverCommerce during the 3rd quarter worth about $122,000. Prudential Financial Inc. boosted its stake in shares of EverCommerce by 9.6% during the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock worth $142,000 after buying an additional 1,190 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of EverCommerce during the 4th quarter worth about $177,000. Institutional investors own 97.91% of the company’s stock.
EverCommerce Company Profile
EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.
The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.
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