EverCommerce (NASDAQ:EVCM) Trading Down 7.4% on Insider Selling

Posted by Brian Himes on Jun 5th, 2026

Shares of EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) traded down 7.4% during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $9.37 and last traded at $9.47. 34,627 shares were traded during trading, a decline of 74% from the average session volume of 134,725 shares. The stock had previously closed at $10.23.

Specifically, President Matthew David Feierstein sold 10,000 shares of EverCommerce stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $11.26, for a total transaction of $112,600.00. Following the sale, the president owned 2,106,254 shares of the company’s stock, valued at approximately $23,716,420.04. The trade was a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Eric Richard Remer sold 5,658 shares of EverCommerce stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $9.57, for a total value of $54,147.06. Following the sale, the chief executive officer directly owned 2,803,426 shares in the company, valued at approximately $26,828,786.82. This trade represents a 0.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In related news, CEO Eric Richard Remer sold 13,542 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $10.53, for a total transaction of $142,597.26. Following the sale, the chief executive officer owned 2,809,084 shares of the company’s stock, valued at $29,579,654.52. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analyst Ratings Changes

Several equities research analysts recently commented on EVCM shares. Oppenheimer reissued an “outperform” rating on shares of EverCommerce in a report on Friday, March 13th. Wall Street Zen raised EverCommerce from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Weiss Ratings cut EverCommerce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. The Goldman Sachs Group dropped their target price on EverCommerce from $9.00 to $8.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Finally, Canaccord Genuity Group boosted their target price on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $11.25.

Get Our Latest Stock Analysis on EverCommerce

EverCommerce News Summary

Here are the key news stories impacting EverCommerce this week:

Negative Sentiment: CEO Eric Richard Remer sold 13,542 shares on June 2 and another 5,658 shares on June 3, adding to a recent pattern of insider selling that may make investors cautious. SEC filing
Negative Sentiment: President Matthew David Feierstein also sold shares on June 1 and June 3, reinforcing the impression of ongoing insider distribution rather than insider accumulation. SEC filing
Neutral Sentiment: The sales were executed under pre-arranged 10b5-1 trading plans and were described as being for tax withholding related to equity vesting, which suggests they may be routine rather than a sign of changing fundamentals.
Neutral Sentiment: EverCommerce recently reported mixed quarterly results, with revenue of $147.47 million roughly matching expectations, but EPS of $0.04 missing the $0.14 consensus estimate.
Positive Sentiment: Analyst sentiment is mixed but not uniformly bearish, with a consensus rating of Hold and a consensus target price above the stock’s recent trading range.

EverCommerce Stock Performance

The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.72. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 55.94, a price-to-earnings-growth ratio of 2.00 and a beta of 0.92. The company’s 50-day simple moving average is $11.16 and its 200-day simple moving average is $11.07.

EverCommerce (NASDAQ:EVCM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.10). EverCommerce had a return on equity of 3.37% and a net margin of 5.47%.The firm had revenue of $147.47 million for the quarter, compared to analysts’ expectations of $147.18 million. During the same quarter in the previous year, the firm posted $0.01 earnings per share. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Analysts predict that EverCommerce Inc. will post 0.24 EPS for the current fiscal year.

Hedge Funds Weigh In On EverCommerce

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Federated Hermes Inc. grew its position in EverCommerce by 118.3% during the 3rd quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock worth $34,000 after purchasing an additional 1,667 shares in the last quarter. R Squared Ltd purchased a new position in EverCommerce during the 3rd quarter worth approximately $122,000. Prudential Financial Inc. grew its position in 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 purchasing an additional 1,190 shares in the last quarter. Oxford Asset Management LLP purchased a new position in EverCommerce during the 2nd quarter worth approximately $168,000. Finally, BNP Paribas Financial Markets grew its position in EverCommerce by 863.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,325 shares of the company’s stock worth $171,000 after purchasing an additional 13,734 shares in the last quarter. 97.91% of the stock is currently owned by hedge funds and other institutional investors.

About EverCommerce

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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.