Y Intercept Hong Kong Ltd Grows Position in Semrush Holdings, Inc. $SEMR

Y Intercept Hong Kong Ltd raised its stake in shares of Semrush Holdings, Inc. (NASDAQ:SEMR) by 25.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,411 shares of the company’s stock after acquiring an additional 56,845 shares during the period. Y Intercept Hong Kong Ltd owned about 0.19% of Semrush worth $1,978,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Amundi raised its holdings in shares of Semrush by 29.3% in the first quarter. Amundi now owns 4,890 shares of the company’s stock valued at $44,000 after purchasing an additional 1,108 shares during the last quarter. AQR Capital Management LLC grew its position in Semrush by 102.6% in the 1st quarter. AQR Capital Management LLC now owns 301,638 shares of the company’s stock worth $2,814,000 after purchasing an additional 152,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Semrush by 6.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,082 shares of the company’s stock valued at $206,000 after buying an additional 1,310 shares during the last quarter. Millennium Management LLC increased its stake in Semrush by 4.9% in the 1st quarter. Millennium Management LLC now owns 1,306,684 shares of the company’s stock valued at $12,191,000 after buying an additional 60,575 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Semrush by 129.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 674,396 shares of the company’s stock worth $6,292,000 after buying an additional 380,165 shares in the last quarter. Institutional investors own 32.86% of the company’s stock.

Semrush Price Performance

NASDAQ:SEMR opened at $11.92 on Thursday. The company has a market capitalization of $1.78 billion, a P/E ratio of 148.96 and a beta of 1.55. The business has a fifty day simple moving average of $11.87 and a two-hundred day simple moving average of $9.22. Semrush Holdings, Inc. has a 1 year low of $6.56 and a 1 year high of $18.74.

Insider Buying and Selling at Semrush

In other news, CMO Andrew Warden sold 196,115 shares of Semrush stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $11.84, for a total value of $2,322,001.60. Following the completion of the transaction, the chief marketing officer owned 241,084 shares in the company, valued at $2,854,434.56. This trade represents a 44.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian Mulroy sold 100,078 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $11.86, for a total transaction of $1,186,925.08. Following the sale, the chief financial officer owned 1,019,517 shares in the company, valued at $12,091,471.62. The trade was a 8.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 324,357 shares of company stock valued at $3,843,008 in the last quarter. 55.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SEMR shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $12.00 target price (up from $10.00) on shares of Semrush in a report on Thursday, November 20th. KeyCorp reissued a “sector weight” rating on shares of Semrush in a research report on Wednesday, November 19th. Finally, Needham & Company LLC restated a “hold” rating on shares of Semrush in a research note on Wednesday, November 19th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $10.80.

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.