Eric Richard Remer Sells 16,339 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

Posted by Trevor Kearing on Apr 5th, 2025

EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 16,339 shares of EverCommerce stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $9.81, for a total value of $160,285.59. Following the sale, the chief executive officer now owns 7,585,163 shares of the company’s stock, valued at approximately $74,410,449.03. This trade represents a 0.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

On Tuesday, April 1st, Eric Richard Remer sold 11,137 shares of EverCommerce stock. The stock was sold at an average price of $10.11, for a total value of $112,595.07.
On Thursday, March 27th, Eric Richard Remer sold 7,164 shares of EverCommerce stock. The shares were sold at an average price of $10.51, for a total value of $75,293.64.
On Tuesday, March 25th, Eric Richard Remer sold 9,366 shares of EverCommerce stock. The stock was sold at an average price of $10.51, for a total value of $98,436.66.
On Thursday, March 20th, Eric Richard Remer sold 13,552 shares of EverCommerce stock. The shares were sold at an average price of $9.97, for a total transaction of $135,113.44.
On Tuesday, March 18th, Eric Richard Remer sold 9,981 shares of EverCommerce stock. The shares were sold at an average price of $9.87, for a total transaction of $98,512.47.
On Thursday, March 13th, Eric Richard Remer sold 10,117 shares of EverCommerce stock. The stock was sold at an average price of $9.05, for a total transaction of $91,558.85.
On Tuesday, March 11th, Eric Richard Remer sold 9,404 shares of EverCommerce stock. The shares were sold at an average price of $9.06, for a total value of $85,200.24.
On Thursday, March 6th, Eric Richard Remer sold 8,688 shares of EverCommerce stock. The shares were sold at an average price of $9.51, for a total value of $82,622.88.
On Tuesday, March 4th, Eric Richard Remer sold 10,406 shares of EverCommerce stock. The stock was sold at an average price of $9.65, for a total value of $100,417.90.
On Thursday, February 20th, Eric Richard Remer sold 8,012 shares of EverCommerce stock. The stock was sold at an average price of $10.58, for a total transaction of $84,766.96.

EverCommerce Trading Down 1.9 %

NASDAQ:EVCM opened at $9.58 on Friday. The firm has a market capitalization of $1.76 billion, a P/E ratio of -34.21 and a beta of 1.12. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.81 and a quick ratio of 1.81. EverCommerce Inc. has a one year low of $8.10 and a one year high of $12.35. The company’s 50-day simple moving average is $10.11 and its 200 day simple moving average is $10.68.

EverCommerce (NASDAQ:EVCM – Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.05). EverCommerce had a negative return on equity of 6.56% and a negative net margin of 7.53%. The company had revenue of $175.00 million during the quarter, compared to the consensus estimate of $170.48 million. During the same period in the prior year, the firm earned ($0.12) earnings per share. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, analysts forecast that EverCommerce Inc. will post -0.17 EPS for the current fiscal year.

Hedge Funds Weigh In On EverCommerce

Several institutional investors and hedge funds have recently modified their holdings of EVCM. Barclays PLC grew its position in EverCommerce by 305.6% during the 3rd quarter. Barclays PLC now owns 29,677 shares of the company’s stock valued at $307,000 after purchasing an additional 22,360 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of EverCommerce by 161.4% during the third quarter. JPMorgan Chase & Co. now owns 102,265 shares of the company’s stock valued at $1,059,000 after buying an additional 63,139 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of EverCommerce by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 168,587 shares of the company’s stock valued at $1,856,000 after acquiring an additional 1,092 shares in the last quarter. Edgestream Partners L.P. purchased a new position in EverCommerce in the 3rd quarter worth approximately $536,000. Finally, Janus Henderson Group PLC lifted its position in EverCommerce by 1.2% in the 3rd quarter. Janus Henderson Group PLC now owns 318,136 shares of the company’s stock valued at $3,296,000 after acquiring an additional 3,837 shares in the last quarter. 97.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EVCM has been the topic of a number of recent analyst reports. Oppenheimer cut their price target on shares of EverCommerce from $13.00 to $12.00 and set an “outperform” rating on the stock in a report on Friday, March 14th. Piper Sandler cut their target price on EverCommerce from $11.00 to $9.00 and set a “neutral” rating on the stock in a research note on Monday, March 17th. Jefferies Financial Group lowered their price target on EverCommerce from $12.00 to $10.00 and set a “hold” rating for the company in a research report on Friday, March 14th. Royal Bank of Canada cut their price objective on EverCommerce from $14.00 to $11.00 and set an “outperform” rating on the stock in a research report on Friday, March 14th. Finally, Barclays cut their price target on shares of EverCommerce from $12.00 to $9.00 and set an “equal weight” rating on the stock in a report on Friday, March 14th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $11.09.

View Our Latest Stock Analysis on EverCommerce

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.