SEMrush Holdings, Inc. (NYSE:SEMR) Receives Average Recommendation of “Reduce” from Brokerages

Shares of SEMrush Holdings, Inc. (NYSE:SEMR) have been assigned a consensus rating of “Reduce” from the eight brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $10.80.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of SEMrush in a research report on Monday, April 20th.

Insider Activity at SEMrush

In other SEMrush news, CTO Oleg Shchegolev sold 200,000 shares of SEMrush stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $11.93, for a total transaction of $2,386,000.00. Following the transaction, the chief technology officer directly owned 7,174,188 shares in the company, valued at approximately $85,588,062.84. The trade was a 2.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Eugenie Levin sold 404,249 shares of SEMrush stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $11.91, for a total transaction of $4,814,605.59. Following the transaction, the president owned 580,712 shares in the company, valued at approximately $6,916,279.92. The trade was a 41.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 55.61% of the company’s stock.

Hedge Funds Weigh In On SEMrush

Several institutional investors and hedge funds have recently added to or reduced their stakes in SEMR. Nexpoint Asset Management L.P. purchased a new position in SEMrush during the 4th quarter worth approximately $41,309,000. FIL Ltd purchased a new position in SEMrush during the 4th quarter worth approximately $30,201,000. AQR Arbitrage LLC purchased a new position in shares of SEMrush during the 4th quarter valued at $17,950,000. Soros Fund Management LLC acquired a new position in shares of SEMrush in the fourth quarter worth $15,280,000. Finally, Bank of America Corp DE increased its stake in shares of SEMrush by 871.8% in the second quarter. Bank of America Corp DE now owns 940,144 shares of the company’s stock worth $8,508,000 after acquiring an additional 843,406 shares during the last quarter. 32.86% of the stock is currently owned by hedge funds and other institutional investors.

SEMrush Stock Performance

NYSE SEMR opened at $12.00 on Monday. SEMrush has a twelve month low of $6.56 and a twelve month high of $12.01. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of -109.05 and a beta of 1.50. The firm’s 50 day moving average price is $11.92 and its two-hundred day moving average price is $10.96.

SEMrush Company Profile

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.