SEMrush (NYSE:SEMR) Hits New 1-Year High – Here’s What Happened

SEMrush Holdings, Inc. (NYSE:SEMR)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $12.01 and last traded at $11.9950, with a volume of 252481 shares changing hands. The stock had previously closed at $12.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of SEMrush in a report on Monday, April 20th. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $10.80.

SEMrush Stock Performance

The business’s fifty day moving average price is $11.93 and its 200 day moving average price is $11.02. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of -109.09 and a beta of 1.50.

Insiders Place Their Bets

In related news, CTO Oleg Shchegolev sold 200,000 shares of SEMrush stock in a transaction on Monday, March 9th. The shares were sold at an average price of $11.93, for a total value of $2,386,000.00. Following the transaction, the chief technology officer directly owned 7,174,188 shares in the company, valued at $85,588,062.84. This trade represents a 2.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Eugenie Levin sold 404,249 shares of SEMrush stock in a transaction on Friday, March 13th. The shares were sold at an average price of $11.91, for a total transaction of $4,814,605.59. Following the completion of the transaction, the president owned 580,712 shares in the company, valued at approximately $6,916,279.92. This trade represents 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

A number of hedge funds and other institutional investors have recently bought and sold shares of SEMR. Amundi grew its position in SEMrush by 29.3% in the 1st quarter. Amundi now owns 4,890 shares of the company’s stock valued at $44,000 after buying 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 valued at $2,814,000 after buying an additional 152,776 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 grew its position 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. grew its position in SEMrush by 129.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 674,396 shares of the company’s stock valued at $6,292,000 after buying an additional 380,165 shares during the last quarter. 32.86% of the stock is currently owned by hedge funds and other institutional investors.

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.