EverCommerce Inc. (NASDAQ:EVCM) CEO Sells $149,783.36 in Stock

EverCommerce Inc. (NASDAQ:EVCM) CEO Eric Richard Remer sold 13,856 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $10.81, for a total transaction of $149,783.36. Following the completion of the sale, the chief executive officer now directly owns 7,783,096 shares in the company, valued at $84,135,267.76. This trade represents a 0.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• 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 Thursday, February 6th, Eric Richard Remer sold 11,200 shares of EverCommerce stock. The shares were 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 shares were 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.
• 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 stock was 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 transaction of $57,583.68.

EverCommerce Trading Down 1.4 %

Shares of EverCommerce stock opened at $10.75 on Friday. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -38.39 and a beta of 1.13. The company has a fifty day simple moving average of $10.82 and a 200-day simple moving average of $10.79. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.68. EverCommerce Inc. has a 12-month low of $6.22 and a 12-month high of $12.35.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. JMP Securities boosted their price target on shares of EverCommerce from $12.00 to $15.00 and gave the stock a “market outperform” rating in a report on Wednesday, November 13th. Oppenheimer boosted their price target on shares of EverCommerce from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Royal Bank of Canada boosted their price target on shares of EverCommerce from $12.00 to $14.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Barclays boosted their price target on shares of EverCommerce from $9.00 to $12.00 and gave the stock an “equal weight” rating in a 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 stock a “neutral” rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, EverCommerce presently has an average rating of “Moderate Buy” and a consensus price target of $12.56.

Institutional Trading of EverCommerce

A number of large investors have recently bought and sold shares of the business. Northern Trust Corp boosted its stake in EverCommerce by 4.2% during the 4th quarter. Northern Trust Corp now owns 199,283 shares of the company’s stock worth $2,194,000 after purchasing an additional 7,954 shares during the period. Tower Research Capital LLC TRC boosted its stake in EverCommerce by 145.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company’s stock worth $38,000 after purchasing an additional 2,040 shares during the period. Mariner LLC boosted its stake in EverCommerce by 54.8% during the 4th quarter. Mariner LLC now owns 63,761 shares of the company’s stock worth $702,000 after purchasing an additional 22,560 shares during the period. Barclays PLC boosted its stake in EverCommerce by 11.2% during the 4th quarter. Barclays PLC now owns 32,989 shares of the company’s stock worth $363,000 after purchasing an additional 3,312 shares during the period. Finally, Quinn Opportunity Partners LLC acquired a new stake in EverCommerce during the 4th quarter worth $165,000. Institutional investors and hedge funds own 97.91% of the company’s stock.

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.