EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 9,145 shares of EverCommerce stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $9.66, for a total transaction of $88,340.70. Following the completion of the sale, the chief executive officer owned 2,876,523 shares in the company, valued at approximately $27,787,212.18. This represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Eric Richard Remer also recently made the following trade(s):
- On Tuesday, May 12th, Eric Richard Remer sold 10,055 shares of EverCommerce stock. The shares were sold at an average price of $10.25, for a total transaction of $103,063.75.
- On Wednesday, May 6th, Eric Richard Remer sold 7,208 shares of EverCommerce stock. The shares were sold at an average price of $10.72, for a total transaction of $77,269.76.
- On Tuesday, May 5th, Eric Richard Remer sold 11,992 shares of EverCommerce stock. The shares were sold at an average price of $11.17, for a total transaction of $133,950.64.
- On Thursday, April 30th, Eric Richard Remer sold 5,867 shares of EverCommerce stock. The shares were sold at an average price of $11.49, for a total transaction of $67,411.83.
- On Wednesday, April 29th, Eric Richard Remer sold 7,766 shares of EverCommerce stock. The shares were sold at an average price of $11.51, for a total transaction of $89,386.66.
- On Tuesday, April 28th, Eric Richard Remer sold 5,567 shares of EverCommerce stock. The shares were sold at an average price of $11.84, for a total transaction of $65,913.28.
- On Thursday, April 23rd, Eric Richard Remer sold 5,503 shares of EverCommerce stock. The shares were sold at an average price of $11.55, for a total transaction of $63,559.65.
- On Wednesday, April 22nd, Eric Richard Remer sold 5,443 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total transaction of $65,261.57.
- On Tuesday, April 21st, Eric Richard Remer sold 8,254 shares of EverCommerce stock. The stock was sold at an average price of $12.11, for a total transaction of $99,955.94.
- On Thursday, April 16th, Eric Richard Remer sold 1,596 shares of EverCommerce stock. The stock was sold at an average price of $11.98, for a total transaction of $19,120.08.
EverCommerce Stock Performance
Shares of NASDAQ:EVCM opened at $9.49 on Friday. EverCommerce Inc. has a 52 week low of $7.66 and a 52 week high of $14.41. The stock has a market capitalization of $1.68 billion, a P/E ratio of 55.83, a PEG ratio of 2.16 and a beta of 0.94. The firm has a fifty day simple moving average of $11.35 and a two-hundred day simple moving average of $11.06. The company has a quick ratio of 2.11, a current ratio of 2.08 and a debt-to-equity ratio of 0.72.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on EVCM shares. Citizens Jmp cut shares of EverCommerce from an “outperform” rating to a “market perform” rating in a research note on Friday, March 13th. Weiss Ratings raised shares of EverCommerce from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Wall Street Zen raised shares of EverCommerce from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Royal Bank Of Canada dropped their price target on shares of EverCommerce from $12.00 to $11.00 and set a “sector perform” rating for the company in a research note on Friday, March 13th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of EverCommerce in a research note on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.25.
Check Out Our Latest Analysis on EVCM
Hedge Funds Weigh In On EverCommerce
A number of large investors have recently made changes to their positions in EVCM. Tudor Investment Corp ET AL boosted its position in EverCommerce by 200.7% in the 3rd quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company’s stock valued at $1,397,000 after buying an additional 83,794 shares during the period. Wells Fargo & Company MN boosted its position in EverCommerce by 76.8% in the 4th quarter. Wells Fargo & Company MN now owns 16,311 shares of the company’s stock valued at $198,000 after buying an additional 7,085 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in EverCommerce in the 4th quarter valued at about $177,000. BNP Paribas Financial Markets boosted its position in EverCommerce by 863.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company’s stock valued at $171,000 after buying an additional 13,734 shares during the period. Finally, Oxford Asset Management LLP purchased a new stake in EverCommerce in the 2nd quarter valued at about $168,000. 97.91% of the stock is owned by hedge funds and other institutional investors.
About EverCommerce
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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