Similarweb (NYSE:SMWB) CEO Or Offer Sells 28,400 Shares of Stock

Posted by Anthony Miller on Sep 25th, 2026

Similarweb Ltd. (NYSE:SMWB – Get Free Report) CEO Or Offer sold 28,400 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $8.54, for a total transaction of $242,536.00. Following the completion of the transaction, the chief executive officer owned 4,044,781 shares in the company, valued at approximately $34,542,429.74. The trade was a 0.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Or Offer also recently made the following trade(s):

On Tuesday, September 22nd, Or Offer sold 34,500 shares of Similarweb stock. The shares were sold at an average price of $8.38, for a total transaction of $289,110.00.
On Monday, September 21st, Or Offer sold 32,200 shares of Similarweb stock. The stock was sold at an average price of $8.40, for a total transaction of $270,480.00.
On Friday, September 18th, Or Offer sold 37,500 shares of Similarweb stock. The shares were sold at an average price of $8.25, for a total transaction of $309,375.00.
On Thursday, September 17th, Or Offer sold 30,400 shares of Similarweb stock. The shares were sold at an average price of $8.35, for a total transaction of $253,840.00.
On Wednesday, September 16th, Or Offer sold 45,719 shares of Similarweb stock. The stock was sold at an average price of $8.40, for a total transaction of $384,039.60.
On Monday, September 14th, Or Offer sold 52,900 shares of Similarweb stock. The shares were sold at an average price of $8.54, for a total value of $451,766.00.
On Tuesday, September 15th, Or Offer sold 26,691 shares of Similarweb stock. The shares were sold at an average price of $8.53, for a total value of $227,674.23.
On Friday, September 11th, Or Offer sold 59,000 shares of Similarweb stock. The stock was sold at an average price of $8.05, for a total value of $474,950.00.
On Thursday, September 10th, Or Offer sold 59,200 shares of Similarweb stock. The stock was sold at an average price of $8.06, for a total value of $477,152.00.
On Wednesday, September 9th, Or Offer sold 86,300 shares of Similarweb stock. The stock was sold at an average price of $8.06, for a total value of $695,578.00.

Similarweb Price Performance

Shares of NYSE:SMWB opened at $7.53 on Friday. Similarweb Ltd. has a 1 year low of $2.22 and a 1 year high of $9.75. The company has a market cap of $659.80 million, a P/E ratio of -30.13 and a beta of 1.21. The stock’s fifty day moving average price is $8.01 and its 200-day moving average price is $5.33.

Similarweb (NYSE:SMWB – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.06 EPS for the quarter. Similarweb had a negative return on equity of 19.81% and a negative net margin of 7.37%.The company had revenue of $77.19 million during the quarter.

Key Headlines Impacting Similarweb

Here are the key news stories impacting Similarweb this week:

Positive Sentiment: Incoming CEO Michael Akkerman brings nearly 20 years of senior operating and C-level experience, including in digital advertising, potentially supporting Similarweb’s next phase of growth. Similarweb Names Michael Akkerman as New Chief Executive Officer
Neutral Sentiment: Analyst sentiment remains mixed but includes several bullish ratings. The consensus target price is $9.71, with five Buy, four Hold and one Sell rating; recent targets range from $8.50 to $11.00. Or Offer Sells 32,200 Shares of Similarweb Stock
Neutral Sentiment: Institutional ownership and recent purchases by firms including Wellington Management and Renaissance Technologies indicate continued interest in the digital-intelligence software company, although these holdings are not a direct response to the CEO announcement. Or Offer Sells 32,200 Shares of Similarweb Stock
Negative Sentiment: The founder’s departure after nearly two decades may raise concerns about strategy, execution and leadership continuity. The announcement appears to be the primary catalyst behind the stock’s decline and the temporary trading halt. Acciones de SimilarWeb caen tras anuncio de nuevo CEO
Negative Sentiment: Or Offer has sold shares repeatedly under a pre-arranged Rule 10b5-1 plan, including 95,100 shares across September 21–23 for roughly $802,000. While planned sales do not necessarily signal deteriorating fundamentals, the continued insider selling may weigh on sentiment during the transition. Similarweb Appoints Michael Akkerman As CEO Effective November 2

Wall Street Analyst Weigh In

SMWB has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Similarweb from $7.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, August 13th. Oppenheimer lifted their target price on shares of Similarweb from $7.00 to $8.50 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Similarweb from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. Needham & Company LLC raised Similarweb from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a report on Wednesday, September 16th. Finally, Barclays raised their price target on Similarweb from $5.00 to $11.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $9.71.

Check Out Our Latest Stock Report on SMWB

Hedge Funds Weigh In On Similarweb

A number of institutional investors and hedge funds have recently made changes to their positions in SMWB. Integrated Wealth Concepts LLC bought a new stake in shares of Similarweb during the 2nd quarter valued at $92,000. Wellington Management Group LLP boosted its holdings in Similarweb by 22.2% in the 2nd quarter. Wellington Management Group LLP now owns 3,624,685 shares of the company’s stock worth $22,219,000 after buying an additional 657,928 shares during the period. Militia Capital Management LLC bought a new position in Similarweb in the 1st quarter worth $616,000. Lavelle Capital LP purchased a new stake in Similarweb in the 1st quarter worth $529,000. Finally, Bank of America Corp DE raised its holdings in Similarweb by 475.3% during the first quarter. Bank of America Corp DE now owns 63,985 shares of the company’s stock valued at $167,000 after acquiring an additional 52,863 shares during the period. Hedge funds and other institutional investors own 57.59% of the company’s stock.

About Similarweb

(Get Free Report)

Similarweb Ltd. is a digital intelligence company that provides data and analytics about online activity. Its platform helps organizations analyze website and mobile application performance, understand audience behavior, evaluate competitors, and identify trends across digital markets.

The company’s products support a range of business functions, including marketing, sales, market research, search engine optimization, investor research and business development. Similarweb combines data from multiple sources to provide insights into web traffic, mobile app usage, customer engagement, acquisition channels and industry positioning.

Founded in 2007, Similarweb serves businesses, agencies, financial institutions and other organizations in markets around the world.