EverCommerce (NASDAQ:EVCM) CEO Sells $67,411.83 in Stock

EverCommerce Inc. (NASDAQ:EVCM) CEO Eric Richard Remer sold 5,867 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $11.49, for a total transaction of $67,411.83. Following the transaction, the chief executive officer owned 2,914,923 shares in the company, valued at $33,492,465.27. The trade was a 0.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 29th, Eric Richard Remer sold 7,766 shares of EverCommerce stock. The stock was sold at an average price of $11.51, for a total transaction of $89,386.66.
• On Tuesday, April 28th, Eric Richard Remer sold 5,567 shares of EverCommerce stock. The stock was sold at an average price of $11.84, for a total transaction of $65,913.28.
• On Thursday, April 23rd, Eric Richard Remer sold 5,503 shares of EverCommerce stock. The stock was sold at an average price of $11.55, for a total transaction of $63,559.65.
• On Wednesday, April 22nd, Eric Richard Remer sold 5,443 shares of EverCommerce stock. The stock was sold at an average price of $11.99, for a total transaction of $65,261.57.
• On Tuesday, April 21st, Eric Richard Remer sold 8,254 shares of EverCommerce stock. The stock was sold at an average price of $12.11, for a total transaction of $99,955.94.
• On Thursday, April 16th, Eric Richard Remer sold 1,596 shares of EverCommerce stock. The stock was sold at an average price of $11.98, for a total transaction of $19,120.08.
• On Wednesday, April 15th, Eric Richard Remer sold 5,604 shares of EverCommerce stock. The stock was sold at an average price of $11.96, for a total transaction of $67,023.84.
• On Tuesday, April 14th, Eric Richard Remer sold 12,000 shares of EverCommerce stock. The stock was sold at an average price of $11.77, for a total transaction of $141,240.00.
• On Wednesday, April 8th, Eric Richard Remer sold 8,700 shares of EverCommerce stock. The stock was sold at an average price of $11.52, for a total transaction of $100,224.00.
• On Tuesday, April 7th, Eric Richard Remer sold 10,500 shares of EverCommerce stock. The stock was sold at an average price of $11.38, for a total transaction of $119,490.00.

EverCommerce Trading Up 4.8%

EVCM opened at $12.11 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.11 and a quick ratio of 2.11. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 134.57, a price-to-earnings-growth ratio of 2.67 and a beta of 0.94. The firm has a 50 day simple moving average of $11.43 and a 200 day simple moving average of $11.10. EverCommerce Inc. has a fifty-two week low of $7.66 and a fifty-two week high of $14.41.

EverCommerce (NASDAQ:EVCM) last posted its quarterly earnings results on Thursday, March 12th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $151.15 million for the quarter, compared to the consensus estimate of $150.06 million. EverCommerce had a return on equity of 2.49% and a net margin of 2.99%.The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the firm earned ($0.07) earnings per share. On average, sell-side analysts anticipate that EverCommerce Inc. will post 0.23 earnings per share for the current year.

Institutional Investors Weigh In On EverCommerce

Several large investors have recently bought and sold shares of EVCM. Tudor Investment Corp ET AL increased its stake in EverCommerce by 200.7% in the third quarter. Tudor Investment Corp ET AL now owns 125,553 shares of the company’s stock valued at $1,397,000 after purchasing an additional 83,794 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in EverCommerce by 94.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 104,563 shares of the company’s stock valued at $1,266,000 after purchasing an additional 50,854 shares in the last quarter. Lazard Asset Management LLC increased its stake in EverCommerce by 5,995.2% in the second quarter. Lazard Asset Management LLC now owns 49,859 shares of the company’s stock valued at $523,000 after purchasing an additional 49,041 shares in the last quarter. Zacks Investment Management bought a new stake in EverCommerce in the third quarter valued at approximately $418,000. Finally, Los Angeles Capital Management LLC increased its stake in EverCommerce by 111.6% in the fourth quarter. Los Angeles Capital Management LLC now owns 66,317 shares of the company’s stock valued at $749,000 after purchasing an additional 34,979 shares in the last quarter. Institutional investors own 97.91% of the company’s stock.

More EverCommerce News

Here are the key news stories impacting EverCommerce this week:

• Positive Sentiment: CEO retains a large ownership stake — Eric Remer still directly owns roughly 2.9M shares (valued at about $34.7M), which provides some alignment with shareholders. InsiderTrades report
• Neutral Sentiment: The CEO sales were executed under a pre‑arranged Rule 10b5‑1 plan; that reduces the informational content of the trades versus ad‑hoc sales. See the SEC filing backing the disclosures. SEC Form 4
• Neutral Sentiment: Operational snapshot: Q1 revenue slightly beat estimates and was up ~5.2% year‑over‑year, but EPS missed consensus by $0.01 — mixed fundamental read. MarketBeat company page
• Negative Sentiment: Concentrated April selling — multiple sales across April (several 5k–12k share lots) increase headline risk and could add short‑term supply pressure despite being small % reductions (each ~0.2%). Investors often view repeated insider sales negatively even when pre‑planned. InsiderTrades report
• Negative Sentiment: Analyst / valuation concerns — consensus rating is “Hold” with an average price target (~$10.71) below current trading levels, and several firms have trimmed price targets or ratings; valuation metrics (very high P/E) increase sensitivity to execution misses. Analyst coverage summary

Analyst Ratings Changes

A number of research firms recently weighed in on EVCM. Raymond James Financial downgraded shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Wall Street Zen raised shares of EverCommerce from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. The Goldman Sachs Group lowered their target price on shares of EverCommerce from $9.00 to $8.00 and set a “sell” rating for the company in a research note on Friday, March 13th. Citizens Jmp downgraded shares of EverCommerce from an “outperform” rating to a “market perform” rating in a research note on Friday, March 13th. Finally, Royal Bank Of Canada lowered their target price on shares of EverCommerce from $12.00 to $11.00 and set a “sector perform” rating for the company in a research note on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.71.

EverCommerce Company Profile

EverCommerce, Inc is a provider of cloud-based software-as-a-service (SaaS) solutions designed for local service businesses. The company delivers an integrated platform that helps organizations manage customer interactions, streamline operations and facilitate recurring revenue. By combining multiple functions into a single interface, EverCommerce aims to simplify back-office processes and enhance the overall customer experience.

The company’s offerings encompass tools for appointment scheduling, payment processing, client relationship management, marketing automation, reputation management and reporting analytics.