Evgeny Fetisov Sells 45,000 Shares of Semrush Holdings, Inc. (NASDAQ:SEMR) Stock

Semrush Holdings, Inc. (NASDAQ:SEMRGet Rating) CFO Evgeny Fetisov sold 45,000 shares of the stock in a transaction dated Tuesday, September 13th. The stock was sold at an average price of $11.56, for a total transaction of $520,200.00. Following the sale, the chief financial officer now directly owns 142,421 shares in the company, valued at approximately $1,646,386.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Evgeny Fetisov also recently made the following trade(s):

  • On Friday, September 9th, Evgeny Fetisov sold 9,000 shares of Semrush stock. The stock was sold at an average price of $12.21, for a total transaction of $109,890.00.
  • On Wednesday, September 7th, Evgeny Fetisov sold 4,600 shares of Semrush stock. The shares were sold at an average price of $12.13, for a total transaction of $55,798.00.
  • On Monday, June 27th, Evgeny Fetisov sold 2,000 shares of Semrush stock. The shares were sold at an average price of $14.22, for a total transaction of $28,440.00.

Semrush Trading Down 1.6 %

SEMR stock opened at $11.52 on Friday. Semrush Holdings, Inc. has a twelve month low of $7.41 and a twelve month high of $28.93. The company’s 50 day moving average is $12.45 and its two-hundred day moving average is $11.61. The stock has a market cap of $1.63 billion, a P/E ratio of -104.73 and a beta of 0.82.

Analyst Ratings Changes

Several analysts recently weighed in on SEMR shares. Piper Sandler raised their target price on shares of Semrush from $14.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, August 11th. Morgan Stanley raised their target price on shares of Semrush from $13.00 to $16.00 and gave the company an “equal weight” rating in a report on Friday, August 12th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $16.67.

Institutional Trading of Semrush

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cat Rock Capital Management LP raised its holdings in Semrush by 143.8% during the fourth quarter. Cat Rock Capital Management LP now owns 5,050,026 shares of the company’s stock worth $105,293,000 after purchasing an additional 2,978,820 shares in the last quarter. Dorsey Asset Management LLC raised its holdings in Semrush by 31.7% during the first quarter. Dorsey Asset Management LLC now owns 3,445,361 shares of the company’s stock worth $41,138,000 after purchasing an additional 828,523 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Semrush by 10.4% during the first quarter. Vanguard Group Inc. now owns 2,208,224 shares of the company’s stock worth $26,366,000 after acquiring an additional 207,665 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of Semrush by 0.3% during the first quarter. Clearbridge Investments LLC now owns 1,537,272 shares of the company’s stock worth $18,355,000 after acquiring an additional 4,150 shares during the last quarter. Finally, Next Century Growth Investors LLC grew its position in shares of Semrush by 27.8% during the first quarter. Next Century Growth Investors LLC now owns 816,815 shares of the company’s stock worth $9,752,000 after acquiring an additional 177,865 shares during the last quarter. Institutional investors and hedge funds own 24.23% of the company’s stock.

Semrush Company Profile

(Get Rating)

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform worldwide. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.

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