Eric Richard Remer Sells 10,406 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCM) CEO Eric Richard Remer sold 10,406 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $9.65, for a total transaction of $100,417.90. Following the completion of the sale, the chief executive officer now directly owns 7,734,396 shares in the company, valued at $74,636,921.40. This trade represents a 0.13 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Thursday, February 20th, Eric Richard Remer sold 8,012 shares of EverCommerce stock. The shares were sold at an average price of $10.58, for a total transaction of $84,766.96.
• On Tuesday, February 18th, Eric Richard Remer sold 7,026 shares of EverCommerce stock. The shares were sold at an average price of $10.94, for a total transaction of $76,864.44.
• On Thursday, February 13th, Eric Richard Remer sold 8,720 shares of EverCommerce stock. The shares were sold at an average price of $10.80, for a total transaction of $94,176.00.
• On Tuesday, February 11th, Eric Richard Remer sold 13,856 shares of EverCommerce stock. The stock was sold at an average price of $10.81, for a total transaction of $149,783.36.
• On Thursday, February 6th, Eric Richard Remer sold 11,200 shares of EverCommerce stock. The stock was sold at an average price of $10.12, for a total transaction of $113,344.00.
• On Tuesday, February 4th, Eric Richard Remer sold 7,507 shares of EverCommerce stock. The stock was sold at an average price of $10.05, for a total transaction of $75,445.35.
• On Thursday, January 30th, Eric Richard Remer sold 10,942 shares of EverCommerce stock. The stock was sold at an average price of $10.26, for a total transaction of $112,264.92.
• On Tuesday, January 28th, Eric Richard Remer sold 8,761 shares of EverCommerce stock. The stock was sold at an average price of $10.56, for a total transaction of $92,516.16.
• On Thursday, January 23rd, Eric Richard Remer sold 8,552 shares of EverCommerce stock. The stock was sold at an average price of $10.21, for a total transaction of $87,315.92.
• On Tuesday, January 21st, Eric Richard Remer sold 5,117 shares of EverCommerce stock. The stock was sold at an average price of $10.39, for a total transaction of $53,165.63.

EverCommerce Trading Down 0.9 %

Shares of EVCM stock traded down $0.09 on Tuesday, reaching $9.64. The company had a trading volume of 139,475 shares, compared to its average volume of 97,260. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68. The stock has a market cap of $1.77 billion, a PE ratio of -34.43 and a beta of 1.13. The company has a 50-day moving average of $10.46 and a 200-day moving average of $10.77. EverCommerce Inc. has a 12 month low of $6.22 and a 12 month high of $12.35.

Institutional Trading of EverCommerce

A number of large investors have recently bought and sold shares of the business. Mackenzie Financial Corp bought a new stake in EverCommerce during the 4th quarter worth approximately $127,000. Woodline Partners LP increased its stake in EverCommerce by 24.8% during the 4th quarter. Woodline Partners LP now owns 535,094 shares of the company’s stock worth $5,891,000 after purchasing an additional 106,359 shares in the last quarter. State of Wyoming increased its stake in EverCommerce by 245.4% during the 4th quarter. State of Wyoming now owns 32,875 shares of the company’s stock worth $362,000 after purchasing an additional 23,356 shares in the last quarter. Occudo Quantitative Strategies LP bought a new stake in EverCommerce during the 4th quarter worth approximately $143,000. Finally, Janus Henderson Group PLC increased its stake in EverCommerce by 34.6% during the 4th quarter. Janus Henderson Group PLC now owns 428,319 shares of the company’s stock worth $4,716,000 after purchasing an additional 110,183 shares in the last quarter. 97.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

EverCommerce Company Profile

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.