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

Posted by Max Byerly 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 that occurred on Thursday, April 3rd. The stock was sold at an average price of $9.81, for a total transaction of $160,285.59. Following the completion of the sale, the chief executive officer now owns 7,585,163 shares of the company’s stock, valued at $74,410,449.03. This represents a 0.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 transaction 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 value 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 value 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 transaction 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 transaction 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 Trading Down 1.9 %

Shares of EverCommerce stock opened at $9.58 on Friday. EverCommerce Inc. has a twelve month low of $8.10 and a twelve month high of $12.35. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $10.11 and a 200-day moving average price of $10.68. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of -34.21 and a beta of 1.12.

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

Analysts Set New Price Targets

A number of brokerages have commented on EVCM. Royal Bank of Canada reduced their price target on EverCommerce from $14.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday, March 14th. Piper Sandler reduced their target price on shares of EverCommerce from $11.00 to $9.00 and set a “neutral” rating for the company in a report on Monday, March 17th. Barclays lowered 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. Oppenheimer reduced their price objective on shares of EverCommerce from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. Finally, The Goldman Sachs Group lowered their target price on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating on the stock in a research note on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.09.

Get Our Latest Research Report on EVCM

Hedge Funds Weigh In On EverCommerce

Institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in shares of EverCommerce during the 4th quarter valued at about $29,000. Tower Research Capital LLC TRC increased its stake in EverCommerce by 145.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company’s stock worth $38,000 after acquiring an additional 2,040 shares during the last quarter. Deutsche Bank AG raised its position in EverCommerce by 919.0% during the fourth quarter. Deutsche Bank AG now owns 4,066 shares of the company’s stock valued at $45,000 after purchasing an additional 3,667 shares during the period. Wells Fargo & Company MN raised its position in EverCommerce by 41.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,553 shares of the company’s stock valued at $116,000 after purchasing an additional 3,106 shares during the period. Finally, D. E. Shaw & Co. Inc. purchased a new position in shares of EverCommerce in the 4th quarter worth approximately $119,000. Institutional investors own 97.91% of the company’s stock.

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.