Matthew David Feierstein Sells 5,179 Shares of EverCommerce (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) President Matthew David Feierstein sold 5,179 shares of EverCommerce stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $10.02, for a total transaction of $51,893.58. Following the sale, the president directly owned 2,075,448 shares in the company, valued at approximately $20,795,988.96. The trade was a 0.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Matthew David Feierstein also recently made the following trade(s):

  • On Wednesday, July 1st, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $10.34, for a total value of $103,400.00.
  • On Wednesday, June 3rd, Matthew David Feierstein sold 1,052 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total value of $10,572.60.
  • On Monday, June 1st, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.26, for a total transaction of $112,600.00.
  • On Wednesday, May 6th, Matthew David Feierstein sold 5,000 shares of EverCommerce stock. The shares were sold at an average price of $10.83, for a total transaction of $54,150.00.
  • On Monday, May 4th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.87, for a total value of $118,700.00.
  • On Friday, May 1st, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.94, for a total value of $119,400.00.
  • On Tuesday, April 7th, Matthew David Feierstein sold 5,000 shares of EverCommerce stock. The stock was sold at an average price of $11.40, for a total transaction of $57,000.00.
  • On Monday, April 6th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.90, for a total transaction of $119,000.00.

EverCommerce Stock Down 6.3%

Shares of EVCM traded down $0.67 during midday trading on Thursday, reaching $9.98. The stock had a trading volume of 214,156 shares, compared to its average volume of 158,249. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 58.71, a PEG ratio of 2.26 and a beta of 0.93. The company’s fifty day simple moving average is $10.17 and its two-hundred day simple moving average is $11.07. EverCommerce Inc. has a 1-year low of $7.66 and a 1-year high of $14.41. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.08 and a quick ratio of 2.08.

EverCommerce (NASDAQ:EVCMGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.10). EverCommerce had a net margin of 5.47% and a return on equity of 3.37%. The business had revenue of $147.47 million during the quarter, compared to analysts’ expectations of $147.18 million. During the same period last year, the company earned $0.01 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts expect that EverCommerce Inc. will post 0.24 earnings per share for the current year.

Institutional Trading of EverCommerce

Institutional investors and hedge funds have recently bought and sold shares of the business. Tudor Investment Corp ET AL boosted its stake in EverCommerce by 200.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company’s stock worth $1,397,000 after purchasing an additional 83,794 shares during the period. JPMorgan Chase & Co. increased its position in EverCommerce by 11.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company’s stock valued at $1,107,000 after acquiring an additional 11,996 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of EverCommerce by 94.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 104,563 shares of the company’s stock worth $1,266,000 after buying an additional 50,854 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of EverCommerce by 111.6% during the 4th quarter. Los Angeles Capital Management LLC now owns 66,317 shares of the company’s stock worth $749,000 after acquiring an additional 34,979 shares in the last quarter. Finally, XTX Topco Ltd boosted its position in EverCommerce by 110.4% during the fourth quarter. XTX Topco Ltd now owns 51,877 shares of the company’s stock worth $628,000 after purchasing an additional 27,224 shares in the last quarter. Hedge funds and other institutional investors own 97.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group raised their target price on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Oppenheimer reiterated an “outperform” rating on shares of EverCommerce in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $14.00 target price on shares of EverCommerce in a report on Friday, May 8th. Royal Bank Of Canada dropped their target price on shares of EverCommerce from $12.00 to $11.00 and set a “sector perform” rating on the stock in a research report on Friday, March 13th. Finally, Citizens Jmp cut shares of EverCommerce from an “outperform” rating to a “market perform” rating in a research report on Friday, March 13th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.25.

Check Out Our Latest Stock Report on EVCM

EverCommerce Company Profile

(Get Free Report)

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

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