Similarweb (NYSE:SMWB) CEO Or Offer Sells 34,500 Shares of Company Stock

Posted by Stanley Muller on Sep 25th, 2026

Similarweb Ltd. (NYSE:SMWB – Get Free Report) CEO Or Offer sold 34,500 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $8.38, for a total value of $289,110.00. Following the transaction, the chief executive officer owned 4,073,181 shares in the company, valued at approximately $34,133,256.78. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Or Offer also recently made the following trade(s):

On Wednesday, September 23rd, Or Offer sold 28,400 shares of Similarweb stock. The stock was sold at an average price of $8.54, for a total transaction of $242,536.00.
On Monday, September 21st, Or Offer sold 32,200 shares of Similarweb stock. The shares were sold at an average price of $8.40, for a total transaction of $270,480.00.
On Friday, September 18th, Or Offer sold 37,500 shares of Similarweb stock. The shares were sold at an average price of $8.25, for a total transaction of $309,375.00.
On Thursday, September 17th, Or Offer sold 30,400 shares of Similarweb stock. The stock was sold at an average price of $8.35, for a total transaction of $253,840.00.
On Wednesday, September 16th, Or Offer sold 45,719 shares of Similarweb stock. The stock was sold at an average price of $8.40, for a total transaction of $384,039.60.
On Monday, September 14th, Or Offer sold 52,900 shares of Similarweb stock. The stock was sold at an average price of $8.54, for a total transaction of $451,766.00.
On Tuesday, September 15th, Or Offer sold 26,691 shares of Similarweb stock. The shares were sold at an average price of $8.53, for a total transaction of $227,674.23.
On Friday, September 11th, Or Offer sold 59,000 shares of Similarweb stock. The stock was sold at an average price of $8.05, for a total transaction of $474,950.00.
On Thursday, September 10th, Or Offer sold 59,200 shares of Similarweb stock. The stock was sold at an average price of $8.06, for a total transaction of $477,152.00.
On Wednesday, September 9th, Or Offer sold 86,300 shares of Similarweb stock. The stock was sold at an average price of $8.06, for a total value of $695,578.00.

Similarweb Stock Down 12.2%

SMWB stock opened at $7.53 on Friday. The firm has a market cap of $659.80 million, a PE ratio of -30.13 and a beta of 1.21. The business has a 50 day moving average of $8.01 and a 200-day moving average of $5.33. Similarweb Ltd. has a 12-month low of $2.22 and a 12-month high of $9.75.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on SMWB. Weiss Ratings reissued a “sell (e+)” rating on shares of Similarweb in a report on Wednesday, August 12th. Northland Securities upgraded shares of Similarweb from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $5.00 to $10.00 in a report on Wednesday, August 12th. Wall Street Zen lowered shares of Similarweb from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 12th. Barclays boosted their target price on shares of Similarweb from $5.00 to $11.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Finally, Oppenheimer raised their price target on shares of Similarweb from $7.00 to $8.50 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $9.71.

Get Our Latest Report on SMWB

Similarweb News Roundup

Here are the key news stories impacting Similarweb this week:

Positive Sentiment: Incoming CEO Michael Akkerman brings nearly 20 years of senior operating and C-level experience, including in digital advertising, potentially supporting Similarweb’s next phase of growth. Similarweb Names Michael Akkerman as New Chief Executive Officer
Neutral Sentiment: Analyst sentiment remains mixed but includes several bullish ratings. The consensus target price is $9.71, with five Buy, four Hold and one Sell rating; recent targets range from $8.50 to $11.00. Or Offer Sells 32,200 Shares of Similarweb Stock
Neutral Sentiment: Institutional ownership and recent purchases by firms including Wellington Management and Renaissance Technologies indicate continued interest in the digital-intelligence software company, although these holdings are not a direct response to the CEO announcement. Or Offer Sells 32,200 Shares of Similarweb Stock
Negative Sentiment: The founder’s departure after nearly two decades may raise concerns about strategy, execution and leadership continuity. The announcement appears to be the primary catalyst behind the stock’s decline and the temporary trading halt. Acciones de SimilarWeb caen tras anuncio de nuevo CEO
Negative Sentiment: Or Offer has sold shares repeatedly under a pre-arranged Rule 10b5-1 plan, including 95,100 shares across September 21–23 for roughly $802,000. While planned sales do not necessarily signal deteriorating fundamentals, the continued insider selling may weigh on sentiment during the transition. Similarweb Appoints Michael Akkerman As CEO Effective November 2

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new stake in Similarweb in the 2nd quarter valued at about $92,000. Bank of America Corp DE increased its stake in shares of Similarweb by 475.3% in the first quarter. Bank of America Corp DE now owns 63,985 shares of the company’s stock worth $167,000 after purchasing an additional 52,863 shares in the last quarter. Persistent Asset Partners Ltd purchased a new position in shares of Similarweb in the fourth quarter worth about $1,348,000. Lavelle Capital LP bought a new stake in shares of Similarweb in the first quarter valued at approximately $529,000. Finally, Militia Capital Management LLC bought a new stake in shares of Similarweb in the first quarter valued at approximately $572,000. Institutional investors own 57.59% of the company’s stock.

About Similarweb

(Get Free Report)

Similarweb Ltd. is a digital intelligence company that provides data and analytics about online activity. Its platform helps organizations analyze website and mobile application performance, understand audience behavior, evaluate competitors, and identify trends across digital markets.

The company’s products support a range of business functions, including marketing, sales, market research, search engine optimization, investor research and business development. Similarweb combines data from multiple sources to provide insights into web traffic, mobile app usage, customer engagement, acquisition channels and industry positioning.

Founded in 2007, Similarweb serves businesses, agencies, financial institutions and other organizations in markets around the world.