Yorktown Management & Research Co Inc Acquires 58,400 Shares of Semrush Holdings, Inc. $SEMR

Yorktown Management & Research Co Inc raised its position in Semrush Holdings, Inc. (NASDAQ:SEMR) by 94.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,000 shares of the company’s stock after buying an additional 58,400 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in Semrush were worth $850,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SEMR. Amundi grew its position in shares of Semrush by 29.3% during the 1st quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after buying an additional 1,108 shares during the period. Canada Pension Plan Investment Board grew its position in shares of Semrush by 96.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock valued at $50,000 after acquiring an additional 2,700 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of Semrush during the 3rd quarter valued at $41,000. Tower Research Capital LLC TRC lifted its stake in shares of Semrush by 56.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock valued at $57,000 after buying an additional 2,259 shares in the last quarter. Finally, R Squared Ltd purchased a new position in shares of Semrush in the second quarter valued at $93,000. Institutional investors own 32.86% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on SEMR shares. KeyCorp reissued a “sector weight” rating on shares of Semrush in a report on Wednesday, November 19th. Needham & Company LLC reiterated a “hold” rating on shares of Semrush in a report on Wednesday, November 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $12.00 price objective (up previously from $10.00) on shares of Semrush in a research report on Thursday, November 20th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $10.80.

Semrush Stock Performance

Shares of SEMR stock opened at $11.91 on Friday. The firm has a market capitalization of $1.78 billion, a P/E ratio of 148.83 and a beta of 1.55. The stock has a 50 day moving average price of $11.20 and a 200 day moving average price of $9.06. Semrush Holdings, Inc. has a 52-week low of $6.56 and a 52-week high of $18.74.

Insider Activity at Semrush

In other Semrush news, CFO Brian Mulroy sold 100,078 shares of Semrush stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $11.86, for a total transaction of $1,186,925.08. Following the completion of the sale, the chief financial officer owned 1,019,517 shares of the company’s stock, valued at approximately $12,091,471.62. The trade was a 8.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Andrew Warden sold 26,765 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $11.86, for a total transaction of $317,432.90. Following the completion of the sale, the chief marketing officer directly owned 382,953 shares in the company, valued at approximately $4,541,822.58. The trade was a 6.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 324,357 shares of company stock worth $3,843,008. 55.61% of the stock is owned by insiders.

Semrush Profile

Semrush is a global software-as-a-service (SaaS) company that provides a comprehensive digital marketing platform for search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing and competitive research. The platform offers tools for keyword research, site auditing, backlink analysis and rank tracking, enabling marketing professionals to develop and refine their online visibility strategies. Semrush is publicly traded under the ticker SEMR and is headquartered in Boston with additional offices and development centers across North America, Europe and Asia.

The Semrush platform is organized into specialized toolkits covering SEO, content marketing, competitive intelligence, social media management and advertising research.