Eric Richard Remer Sells 5,867 Shares of EverCommerce (NASDAQ:EVCM) Stock

by · The Cerbat Gem

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) CEO Eric Richard Remer sold 5,867 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $11.49, for a total transaction of $67,411.83. Following the sale, the chief executive officer owned 2,914,923 shares of the company’s stock, valued at approximately $33,492,465.27. This represents a 0.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Wednesday, April 29th, Eric Richard Remer sold 7,766 shares of EverCommerce stock. The stock was sold at an average price of $11.51, for a total transaction of $89,386.66.
  • On Tuesday, April 28th, Eric Richard Remer sold 5,567 shares of EverCommerce stock. The stock was sold at an average price of $11.84, for a total transaction of $65,913.28.
  • On Thursday, April 23rd, Eric Richard Remer sold 5,503 shares of EverCommerce stock. The stock was sold at an average price of $11.55, for a total transaction of $63,559.65.
  • On Wednesday, April 22nd, Eric Richard Remer sold 5,443 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total transaction of $65,261.57.
  • On Tuesday, April 21st, Eric Richard Remer sold 8,254 shares of EverCommerce stock. The stock was sold at an average price of $12.11, for a total transaction of $99,955.94.
  • On Thursday, April 16th, Eric Richard Remer sold 1,596 shares of EverCommerce stock. The stock was sold at an average price of $11.98, for a total transaction of $19,120.08.
  • On Wednesday, April 15th, Eric Richard Remer sold 5,604 shares of EverCommerce stock. The stock was sold at an average price of $11.96, for a total transaction of $67,023.84.
  • On Tuesday, April 14th, Eric Richard Remer sold 12,000 shares of EverCommerce stock. The stock was sold at an average price of $11.77, for a total transaction of $141,240.00.
  • On Wednesday, April 8th, Eric Richard Remer sold 8,700 shares of EverCommerce stock. The stock was sold at an average price of $11.52, for a total transaction of $100,224.00.
  • On Tuesday, April 7th, Eric Richard Remer sold 10,500 shares of EverCommerce stock. The stock was sold at an average price of $11.38, for a total transaction of $119,490.00.

EverCommerce Stock Performance

EVCM stock opened at $12.11 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a market cap of $2.14 billion, a P/E ratio of 134.57, a P/E/G ratio of 2.55 and a beta of 0.94. The firm has a 50 day simple moving average of $11.43 and a 200 day simple moving average of $11.10. EverCommerce Inc. has a 52 week low of $7.66 and a 52 week high of $14.41.

EverCommerce (NASDAQ:EVCMGet Free Report) last posted its earnings results on Thursday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $151.15 million during the quarter, compared to analyst estimates of $150.06 million. EverCommerce had a net margin of 2.99% and a return on equity of 2.49%. EverCommerce’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.07) earnings per share. Research analysts anticipate that EverCommerce Inc. will post 0.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on EVCM shares. Canaccord Genuity Group reduced their target price on shares of EverCommerce from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 13th. Weiss Ratings upgraded shares of EverCommerce from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday, March 13th. Raymond James Financial cut shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Citizens Jmp cut shares of EverCommerce from an “outperform” rating to a “market perform” rating in a research note on Friday, March 13th. Finally, The Goldman Sachs Group reduced their target price on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating for the company in a research note on Friday, March 13th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, EverCommerce presently has an average rating of “Hold” and an average target price of $10.71.

Check Out Our Latest Report on EverCommerce

More EverCommerce News

Here are the key news stories impacting EverCommerce this week:

  • Positive Sentiment: CEO retains a large ownership stake — Eric Remer still directly owns roughly 2.9M shares (valued at about $34.7M), which provides some alignment with shareholders. InsiderTrades report
  • Neutral Sentiment: The CEO sales were executed under a pre‑arranged Rule 10b5‑1 plan; that reduces the informational content of the trades versus ad‑hoc sales. See the SEC filing backing the disclosures. SEC Form 4
  • Neutral Sentiment: Operational snapshot: Q1 revenue slightly beat estimates and was up ~5.2% year‑over‑year, but EPS missed consensus by $0.01 — mixed fundamental read. MarketBeat company page
  • Negative Sentiment: Concentrated April selling — multiple sales across April (several 5k–12k share lots) increase headline risk and could add short‑term supply pressure despite being small % reductions (each ~0.2%). Investors often view repeated insider sales negatively even when pre‑planned. InsiderTrades report
  • Negative Sentiment: Analyst / valuation concerns — consensus rating is “Hold” with an average price target (~$10.71) below current trading levels, and several firms have trimmed price targets or ratings; valuation metrics (very high P/E) increase sensitivity to execution misses. Analyst coverage summary

Hedge Funds Weigh In On EverCommerce

A number of institutional investors and hedge funds have recently bought and sold shares of EVCM. Federated Hermes Inc. increased its position in EverCommerce by 118.3% during the third quarter. Federated Hermes Inc. now owns 3,076 shares of the company’s stock worth $34,000 after acquiring an additional 1,667 shares during the period. State of Alaska Department of Revenue bought a new stake in EverCommerce in the 3rd quarter valued at $91,000. R Squared Ltd bought a new stake in EverCommerce in the 3rd quarter valued at $122,000. Prudential Financial Inc. increased its holdings in EverCommerce by 9.6% in the 2nd quarter. Prudential Financial Inc. now owns 13,546 shares of the company’s stock valued at $142,000 after buying an additional 1,190 shares during the period. Finally, Oxford Asset Management LLP bought a new stake in EverCommerce in the 2nd quarter valued at $168,000. Institutional investors own 97.91% of the company’s stock.

About EverCommerce

(Get Free Report)

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.

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