Short Interest in Similarweb Ltd. (NYSE:SMWB) Declines By 32.7%

Posted by on Sep 1st, 2026

Similarweb Ltd. (NYSE:SMWB – Get Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 402,389 shares, a drop of 32.7% from the July 30th total of 597,700 shares. Based on an average daily volume of 1,310,402 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on SMWB shares. Oppenheimer raised their target price on shares of Similarweb from $7.00 to $8.50 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Northland Securities raised shares of Similarweb from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $5.00 to $10.00 in a research report on Wednesday, August 12th. Wall Street Zen upgraded shares of Similarweb from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 23rd. Citigroup raised their price objective on Similarweb from $7.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Similarweb in a research report on Wednesday, August 12th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.14.

Get Our Latest Analysis on Similarweb

Insider Activity

In other news, CEO Or Offer sold 383,127 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $9.00, for a total value of $3,448,143.00. Following the sale, the chief executive officer owned 4,598,291 shares of the company’s stock, valued at $41,384,619. The trade was a 7.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 1,092,724 shares of company stock valued at $9,702,046 in the last 90 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lavelle Capital LP acquired a new stake in shares of Similarweb during the first quarter worth $529,000. Phoenix Financial Ltd. boosted its position in shares of Similarweb by 43.2% in the fourth quarter. Phoenix Financial Ltd. now owns 4,285,786 shares of the company’s stock valued at $32,101,000 after acquiring an additional 1,292,700 shares during the period. Renaissance Technologies LLC grew its stake in shares of Similarweb by 104.6% in the first quarter. Renaissance Technologies LLC now owns 739,673 shares of the company’s stock valued at $1,931,000 after acquiring an additional 378,200 shares in the last quarter. Militia Capital Management LLC acquired a new position in shares of Similarweb in the first quarter valued at about $616,000. Finally, UBS Group AG increased its position in Similarweb by 71.4% during the fourth quarter. UBS Group AG now owns 536,549 shares of the company’s stock worth $4,019,000 after acquiring an additional 223,562 shares during the period. 57.59% of the stock is owned by institutional investors and hedge funds.

Similarweb Price Performance

Similarweb stock traded down $0.55 during trading hours on Tuesday, hitting $8.74. The company had a trading volume of 614,674 shares, compared to its average volume of 900,032. The firm has a market cap of $765.62 million, a PE ratio of -34.96 and a beta of 1.13. Similarweb has a one year low of $2.22 and a one year high of $10.35. The firm has a 50-day moving average of $7.23 and a 200 day moving average of $4.65.

Similarweb (NYSE:SMWB – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.06 earnings per share (EPS) for the quarter. Similarweb had a negative return on equity of 19.81% and a negative net margin of 7.37%.The company had revenue of $77.19 million during the quarter.

Similarweb Company Profile

(Get Free Report)

Similarweb Ltd. (NYSE: SMWB) is a digital intelligence company that provides insights into website and mobile app performance. Its cloud-based platform aggregates and analyzes data on global web traffic, user engagement, and referral sources, enabling businesses to benchmark their digital presence against competitors. The company’s core offering includes metrics on audience behavior, traffic acquisition channels, and industry trends, which are designed to inform strategic decisions in marketing, sales, and product development.

Similarweb’s platform delivers a suite of tools for market research, competitor analysis, and performance optimization.

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