EverCommerce (NASDAQ:EVCM) President Sells $120,600.00 in Stock

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) President Matthew David Feierstein sold 10,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $12.06, for a total value of $120,600.00. Following the sale, the president directly owned 2,055,919 shares in the company, valued at $24,794,383.14. This represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Matthew David Feierstein also recently made the following trade(s):

  • On Wednesday, February 4th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The stock was sold at an average price of $10.80, for a total value of $108,000.00.
  • On Wednesday, January 7th, Matthew David Feierstein sold 5,000 shares of EverCommerce stock. The stock was sold at an average price of $12.10, for a total value of $60,500.00.
  • On Monday, January 5th, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.66, for a total value of $116,600.00.
  • On Friday, January 2nd, Matthew David Feierstein sold 10,000 shares of EverCommerce stock. The shares were sold at an average price of $11.37, for a total value of $113,700.00.
  • On Wednesday, December 10th, Matthew David Feierstein sold 10,921 shares of EverCommerce stock. The stock was sold at an average price of $10.03, for a total transaction of $109,537.63.
  • On Tuesday, December 9th, Matthew David Feierstein sold 9,779 shares of EverCommerce stock. The stock was sold at an average price of $10.01, for a total transaction of $97,887.79.
  • On Monday, December 8th, Matthew David Feierstein sold 4,300 shares of EverCommerce stock. The stock was sold at an average price of $10.04, for a total transaction of $43,172.00.

EverCommerce Stock Down 0.2%

Shares of EverCommerce stock traded down $0.02 during trading on Wednesday, hitting $10.98. 199,962 shares of the stock were exchanged, compared to its average volume of 148,837. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.02 and a quick ratio of 2.02. The firm’s 50-day moving average price is $11.53 and its 200 day moving average price is $11.11. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -1,096.90, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. EverCommerce Inc. has a 12-month low of $7.66 and a 12-month high of $14.41.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of EverCommerce in a report on Thursday, January 22nd. Lake Street Capital set a $11.00 price target on shares of EverCommerce in a research note on Tuesday, October 14th. Zacks Research cut shares of EverCommerce from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Raymond James Financial downgraded shares of EverCommerce from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Barclays dropped their target price on shares of EverCommerce from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, EverCommerce currently has an average rating of “Reduce” and a consensus target price of $11.00.

Check Out Our Latest Stock Analysis on EVCM

Hedge Funds Weigh In On EverCommerce

A number of institutional investors have recently modified their holdings of EVCM. Arrowstreet Capital Limited Partnership raised its position in EverCommerce by 328.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 714,519 shares of the company’s stock valued at $7,502,000 after purchasing an additional 547,712 shares during the last quarter. 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 during the period. JPMorgan Chase & Co. raised its holdings in shares of EverCommerce by 11.9% in the second quarter. JPMorgan Chase & Co. now owns 112,574 shares of the company’s stock valued at $1,107,000 after buying an additional 11,996 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of EverCommerce by 136.9% during the second quarter. Los Angeles Capital Management LLC now owns 82,142 shares of the company’s stock worth $862,000 after buying an additional 47,470 shares during the period. Finally, Squarepoint Ops LLC purchased a new position in shares of EverCommerce during the second quarter worth about $595,000. 97.91% of the stock is owned by institutional investors and hedge funds.

About EverCommerce

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for EverCommerce (NASDAQ:EVCM)

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