Eric Richard Remer Sells 8,366 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

Posted by George Bondi on Apr 18th, 2025

EverCommerce Inc. (NASDAQ:EVCM – Get Free Report) CEO Eric Richard Remer sold 8,366 shares of the business’s stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $10.03, for a total transaction of $83,910.98. Following the transaction, the chief executive officer now owns 7,552,297 shares in the company, valued at approximately $75,749,538.91. The trade was a 0.11 % decrease in their position. 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, April 17th, Eric Richard Remer sold 7,134 shares of EverCommerce stock. The stock was sold at an average price of $10.02, for a total transaction of $71,482.68.
On Wednesday, April 9th, Eric Richard Remer sold 8,149 shares of EverCommerce stock. The shares were sold at an average price of $9.41, for a total transaction of $76,682.09.
On Thursday, April 3rd, Eric Richard Remer sold 16,339 shares of EverCommerce stock. The stock was sold at an average price of $9.81, for a total value of $160,285.59.
On Tuesday, April 1st, Eric Richard Remer sold 11,137 shares of EverCommerce stock. The shares were sold at an average price of $10.11, for a total value of $112,595.07.
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 transaction 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 value of $135,113.44.
On Tuesday, March 18th, Eric Richard Remer sold 9,981 shares of EverCommerce stock. The stock was 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 shares were 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 stock was sold at an average price of $9.06, for a total transaction of $85,200.24.

EverCommerce Trading Down 1.2 %

Shares of EVCM stock opened at $9.96 on Friday. EverCommerce Inc. has a 52-week low of $8.10 and a 52-week high of $12.35. 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 company has a market capitalization of $1.83 billion, a PE ratio of -35.57 and a beta of 1.06. The business’s fifty day moving average is $10.04 and its 200 day moving average is $10.63.

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

Hedge Funds Weigh In On EverCommerce

A number of institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in shares of EverCommerce by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 168,587 shares of the company’s stock worth $1,856,000 after acquiring an additional 1,092 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in EverCommerce by 145.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,439 shares of the company’s stock valued at $38,000 after acquiring an additional 2,040 shares during the period. BNP Paribas Financial Markets bought a new position in EverCommerce in the fourth quarter worth approximately $29,000. Wells Fargo & Company MN grew its holdings 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, Barclays PLC increased its stake in shares of EverCommerce by 11.2% in the fourth quarter. Barclays PLC now owns 32,989 shares of the company’s stock worth $363,000 after purchasing an additional 3,312 shares in the last quarter. 97.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Oppenheimer reduced their target price on shares of EverCommerce from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Friday, March 14th. The Goldman Sachs Group cut their price objective on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating for the company in a research report on Friday, March 14th. Barclays decreased their price target on EverCommerce from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Friday, March 14th. Piper Sandler lowered their price objective on shares of EverCommerce from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Monday, March 17th. Finally, Royal Bank of Canada dropped their target price on EverCommerce from $14.00 to $11.00 and set an “outperform” rating for the company in a research report 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.09.

View Our Latest Report on EVCM

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.