Eric Richard Remer Sells 11,137 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

Posted by Max Byerly on Apr 3rd, 2025

EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 11,137 shares of EverCommerce stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $10.11, for a total transaction of $112,595.07. Following the transaction, the chief executive officer now owns 7,609,933 shares in the company, valued at approximately $76,936,422.63. The trade was a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

On Thursday, April 3rd, Eric Richard Remer sold 16,339 shares of EverCommerce stock. The shares were sold at an average price of $9.81, for a total value of $160,285.59.
On Thursday, March 27th, Eric Richard Remer sold 7,164 shares of EverCommerce stock. The stock was 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 shares were 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 stock was 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 transaction of $85,200.24.
On Thursday, March 6th, Eric Richard Remer sold 8,688 shares of EverCommerce stock. The stock was 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 shares were 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 value of $84,766.96.

EverCommerce Stock Performance

Shares of NASDAQ:EVCM traded down $0.64 during midday trading on Thursday, hitting $9.77. The company’s stock had a trading volume of 201,518 shares, compared to its average volume of 137,159. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.81 and a current ratio of 1.81. The stock’s 50 day simple moving average is $10.13 and its 200 day simple moving average is $10.69. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -34.89 and a beta of 1.12. EverCommerce Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $12.35.

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

Hedge Funds Weigh In On EverCommerce

Institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its holdings in EverCommerce by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 168,587 shares of the company’s stock valued at $1,856,000 after purchasing an additional 1,092 shares during the period. Tower Research Capital LLC TRC raised its position in shares of EverCommerce by 145.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company’s stock valued at $38,000 after buying an additional 2,040 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of EverCommerce in the fourth quarter valued at about $29,000. Wells Fargo & Company MN lifted its stake in shares of EverCommerce by 41.7% in the fourth quarter. Wells Fargo & Company MN now owns 10,553 shares of the company’s stock valued at $116,000 after buying an additional 3,106 shares during the period. Finally, Barclays PLC grew its position in EverCommerce by 11.2% during the fourth quarter. Barclays PLC now owns 32,989 shares of the company’s stock worth $363,000 after buying an additional 3,312 shares in the last quarter. Institutional investors own 97.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on EVCM. Oppenheimer cut their price objective on shares of EverCommerce from $13.00 to $12.00 and set an “outperform” rating on the stock in a research report on Friday, March 14th. Jefferies Financial Group cut their price target on shares of EverCommerce from $12.00 to $10.00 and set a “hold” rating on the stock in a report on Friday, March 14th. The Goldman Sachs Group decreased their price objective on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating for the company in a report on Friday, March 14th. Barclays cut their target price on EverCommerce from $12.00 to $9.00 and set an “equal weight” rating on the stock in a report on Friday, March 14th. Finally, Royal Bank of Canada decreased their price target on EverCommerce from $14.00 to $11.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.09.

View Our Latest Research Report on EVCM

About EverCommerce

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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.