Eric Richard Remer Sells 4,536 Shares of EverCommerce (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) CEO Eric Richard Remer sold 4,536 shares of EverCommerce stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $11.02, for a total value of $49,986.72. Following the transaction, the chief executive officer owned 3,069,524 shares of the company’s stock, valued at $33,826,154.48. The trade was a 0.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Eric Richard Remer also recently made the following trade(s):

  • On Tuesday, September 30th, Eric Richard Remer sold 14,664 shares of EverCommerce stock. The stock was sold at an average price of $11.13, for a total value of $163,210.32.
  • On Wednesday, September 24th, Eric Richard Remer sold 428 shares of EverCommerce stock. The stock was sold at an average price of $11.65, for a total value of $4,986.20.
  • On Tuesday, September 23rd, Eric Richard Remer sold 18,772 shares of EverCommerce stock. The stock was sold at an average price of $11.71, for a total value of $219,820.12.
  • On Wednesday, September 17th, Eric Richard Remer sold 4,131 shares of EverCommerce stock. The stock was sold at an average price of $11.86, for a total value of $48,993.66.
  • On Tuesday, September 16th, Eric Richard Remer sold 15,069 shares of EverCommerce stock. The stock was sold at an average price of $11.85, for a total value of $178,567.65.
  • On Wednesday, September 3rd, Eric Richard Remer sold 4,079 shares of EverCommerce stock. The stock was sold at an average price of $11.13, for a total value of $45,399.27.
  • On Tuesday, September 2nd, Eric Richard Remer sold 20,421 shares of EverCommerce stock. The stock was sold at an average price of $11.23, for a total value of $229,327.83.
  • On Wednesday, August 13th, Eric Richard Remer sold 2,361 shares of EverCommerce stock. The stock was sold at an average price of $10.70, for a total value of $25,262.70.
  • On Tuesday, August 12th, Eric Richard Remer sold 22,139 shares of EverCommerce stock. The stock was sold at an average price of $10.54, for a total value of $233,345.06.
  • On Wednesday, August 6th, Eric Richard Remer sold 12,068 shares of EverCommerce stock. The stock was sold at an average price of $10.16, for a total value of $122,610.88.

EverCommerce Trading Up 0.6%

Shares of NASDAQ:EVCM opened at $10.90 on Friday. EverCommerce Inc. has a 12-month low of $8.10 and a 12-month high of $12.34. The stock has a market cap of $1.98 billion, a PE ratio of -90.83, a P/E/G ratio of 9.38 and a beta of 1.05. The business has a 50 day moving average of $11.24 and a 200-day moving average of $10.59. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.70.

EverCommerce (NASDAQ:EVCMGet Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.04. The business had revenue of $148.02 million during the quarter, compared to analysts’ expectations of $145.80 million. EverCommerce had a negative return on equity of 1.96% and a negative net margin of 3.27%.The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.02) earnings per share. As a group, equities research analysts forecast that EverCommerce Inc. will post -0.17 earnings per share for the current year.

Analysts Set New Price Targets

EVCM has been the subject of several recent research reports. Zacks Research upgraded EverCommerce from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 13th. Oppenheimer reiterated an “outperform” rating and issued a $13.00 price target (up from $12.00) on shares of EverCommerce in a research note on Thursday, August 7th. Finally, Piper Sandler upped their target price on EverCommerce from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $11.50.

View Our Latest Report on EverCommerce

Institutional Investors Weigh In On EverCommerce

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new stake in EverCommerce during the fourth quarter worth $29,000. Deutsche Bank AG increased its holdings in shares of EverCommerce by 919.0% during the fourth quarter. Deutsche Bank AG now owns 4,066 shares of the company’s stock worth $45,000 after buying an additional 3,667 shares in the last quarter. EntryPoint Capital LLC acquired a new position in shares of EverCommerce during the first quarter worth $102,000. Mackenzie Financial Corp acquired a new position in shares of EverCommerce during the fourth quarter worth $127,000. Finally, Prudential Financial Inc. increased its holdings in shares of EverCommerce by 9.6% during the second quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock worth $142,000 after buying an additional 1,190 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

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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Insider Buying and Selling by Quarter for EverCommerce (NASDAQ:EVCM)

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