EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 8,867 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $12.01, for a total transaction of $106,492.67. Following the completion of the sale, the chief executive officer now owns 7,996,939 shares in the company, valued at $96,043,237.39. The trade was a 0.11 % decrease in their position. The sale 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 Thursday, November 14th, Eric Richard Remer sold 13,200 shares of EverCommerce stock. The shares were sold at an average price of $11.04, for a total value of $145,728.00.
- On Thursday, November 7th, Eric Richard Remer sold 18,142 shares of EverCommerce stock. The stock was sold at an average price of $11.73, for a total value of $212,805.66.
- On Tuesday, November 5th, Eric Richard Remer sold 10,870 shares of EverCommerce stock. The shares were sold at an average price of $10.97, for a total transaction of $119,243.90.
- On Thursday, October 31st, Eric Richard Remer sold 5,065 shares of EverCommerce stock. The shares were sold at an average price of $10.57, for a total transaction of $53,537.05.
- On Tuesday, October 29th, Eric Richard Remer sold 4,400 shares of EverCommerce stock. The shares were sold at an average price of $10.67, for a total transaction of $46,948.00.
- On Wednesday, October 23rd, Eric Richard Remer sold 4,200 shares of EverCommerce stock. The stock was sold at an average price of $10.37, for a total value of $43,554.00.
- On Wednesday, October 16th, Eric Richard Remer sold 4,834 shares of EverCommerce stock. The stock was sold at an average price of $10.58, for a total value of $51,143.72.
- On Thursday, October 10th, Eric Richard Remer sold 5,988 shares of EverCommerce stock. The shares were sold at an average price of $10.11, for a total value of $60,538.68.
- On Tuesday, October 8th, Eric Richard Remer sold 5,436 shares of EverCommerce stock. The stock was sold at an average price of $10.09, for a total transaction of $54,849.24.
- On Thursday, September 26th, Eric Richard Remer sold 6,158 shares of EverCommerce stock. The stock was sold at an average price of $10.47, for a total transaction of $64,474.26.
EverCommerce Stock Down 0.7 %
Shares of EverCommerce stock traded down $0.08 during trading on Friday, hitting $10.99. 15,087 shares of the stock traded hands, compared to its average volume of 140,635. The company has a fifty day moving average price of $10.62 and a two-hundred day moving average price of $10.52. EverCommerce Inc. has a twelve month low of $6.22 and a twelve month high of $12.35. The company has a quick ratio of 1.68, a current ratio of 1.81 and a debt-to-equity ratio of 0.68.
Analyst Upgrades and Downgrades
EVCM has been the subject of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of EverCommerce from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft raised their price objective on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Oppenheimer boosted their target price on EverCommerce from $12.00 to $13.00 and gave the stock an “outperform” rating in a research report on Wednesday. Evercore ISI increased their price target on EverCommerce from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Finally, JMP Securities boosted their price objective on EverCommerce from $12.00 to $15.00 and gave the stock a “market outperform” rating in a report on Wednesday. One investment 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, EverCommerce presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.56.
View Our Latest Stock Report on EVCM
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its position in EverCommerce by 10.6% in the 2nd 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 grew its position in EverCommerce by 19.4% during the second quarter. Renaissance Technologies LLC now owns 16,600 shares of the company’s stock worth $182,000 after buying an additional 2,700 shares in the last quarter. Bank of New York Mellon Corp increased its stake in EverCommerce by 6.2% during the second quarter. Bank of New York Mellon Corp now owns 164,419 shares of the company’s stock valued at $1,805,000 after acquiring an additional 9,595 shares during the period. SG Americas Securities LLC acquired a new position in EverCommerce in the 3rd quarter valued at approximately $107,000. Finally, Edgestream Partners L.P. bought a new stake in shares of EverCommerce in the 1st quarter worth approximately $123,000. 97.91% of the stock is currently owned by institutional investors and hedge funds.
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.
See Also
- Five stocks we like better than EverCommerce
- Using the MarketBeat Dividend Yield Calculator
- Top-Performing Non-Leveraged ETFs This Year
- P/E Ratio Calculation: How to Assess Stocks
- Rivian’s Wild Ride: Is the Dip a Buying Opportunity?
- High Flyers: 3 Natural Gas Stocks for March 2022
- Freshworks Stock Soars 50% – Is This the Perfect Entry Point?
Receive News & Ratings for EverCommerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EverCommerce and related companies with MarketBeat.com's FREE daily email newsletter.