EverCommerce Inc. (NASDAQ:EVCM) CEO Sells $87,315.92 in Stock

Posted by Stacy Sanders on Jan 26th, 2025

EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 8,552 shares of EverCommerce stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $10.21, for a total transaction of $87,315.92. Following the completion of the sale, the chief executive officer now directly owns 7,848,830 shares of the company’s stock, valued at approximately $80,136,554.30. The trade was a 0.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eric Richard Remer also recently made the following trade(s):

On Tuesday, January 21st, Eric Richard Remer sold 5,117 shares of EverCommerce stock. The shares were sold at an average price of $10.39, for a total transaction of $53,165.63.
On Thursday, January 16th, Eric Richard Remer sold 6,024 shares of EverCommerce stock. The stock was sold at an average price of $10.20, for a total transaction of $61,444.80.
On Tuesday, January 14th, Eric Richard Remer sold 5,713 shares of EverCommerce stock. The shares were sold at an average price of $10.15, for a total transaction of $57,986.95.
On Tuesday, January 7th, Eric Richard Remer sold 5,453 shares of EverCommerce stock. The stock was sold at an average price of $10.56, for a total value of $57,583.68.
On Thursday, December 19th, Eric Richard Remer sold 7,235 shares of EverCommerce stock. The shares were sold at an average price of $11.22, for a total value of $81,176.70.
On Tuesday, December 17th, Eric Richard Remer sold 7,130 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total value of $85,488.70.
On Thursday, December 12th, Eric Richard Remer sold 4,464 shares of EverCommerce stock. The shares were sold at an average price of $12.06, for a total value of $53,835.84.
On Tuesday, December 10th, Eric Richard Remer sold 9,560 shares of EverCommerce stock. The stock was sold at an average price of $11.90, for a total transaction of $113,764.00.
On Thursday, November 21st, Eric Richard Remer sold 10,513 shares of EverCommerce stock. The shares were sold at an average price of $11.52, for a total transaction of $121,109.76.
On Tuesday, November 19th, Eric Richard Remer sold 8,818 shares of EverCommerce stock. The stock was sold at an average price of $11.03, for a total value of $97,262.54.

EverCommerce Trading Up 0.3 %

Shares of EVCM opened at $10.33 on Friday. The business’s 50-day moving average price is $11.25 and its 200-day moving average price is $10.92. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. EverCommerce Inc. has a twelve month low of $6.22 and a twelve month high of $12.35. The stock has a market cap of $1.90 billion, a PE ratio of -36.89 and a beta of 1.14.

EverCommerce (NASDAQ:EVCM – Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $176.26 million during the quarter, compared to analysts’ expectations of $174.87 million. EverCommerce had a negative return on equity of 6.56% and a negative net margin of 7.53%. The company’s revenue was up .9% on a year-over-year basis. On average, equities analysts forecast that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on EVCM shares. Royal Bank of Canada boosted their target price on shares of EverCommerce from $12.00 to $14.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Oppenheimer increased their price target on EverCommerce from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Barclays boosted their price objective on EverCommerce from $9.00 to $12.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. JMP Securities increased their target price on shares of EverCommerce from $12.00 to $15.00 and gave the stock a “market outperform” rating in a research report on Wednesday, November 13th. Finally, Piper Sandler boosted their price target on shares of EverCommerce from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.56.

View Our Latest Research Report on EVCM

Hedge Funds Weigh In On EverCommerce

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in shares of EverCommerce in the 3rd quarter valued at about $107,000. The Manufacturers Life Insurance Company increased its position in shares of EverCommerce by 10.6% in the second quarter. The Manufacturers Life Insurance Company now owns 11,360 shares of the company’s stock worth $125,000 after purchasing an additional 1,089 shares during the last quarter. Renaissance Technologies LLC lifted its position in EverCommerce by 19.4% during the second quarter. Renaissance Technologies LLC now owns 16,600 shares of the company’s stock valued at $182,000 after purchasing an additional 2,700 shares during the last quarter. RIA Advisory Group LLC purchased a new position in EverCommerce in the 3rd quarter worth approximately $241,000. Finally, Barclays PLC increased its holdings in shares of EverCommerce by 305.6% in the 3rd quarter. Barclays PLC now owns 29,677 shares of the company’s stock worth $307,000 after buying an additional 22,360 shares during the last quarter. 97.91% of the stock is currently owned by hedge funds and other institutional investors.

About EverCommerce

(Get Free Report)

EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company’s solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.