Matthew David Feierstein Sells 1,820 Shares of EverCommerce Inc. (NASDAQ:EVCM) Stock

EverCommerce Inc. (NASDAQ:EVCMGet Free Report) President Matthew David Feierstein sold 1,820 shares of the stock in a transaction that occurred on Tuesday, June 4th. The shares were sold at an average price of $9.50, for a total transaction of $17,290.00. Following the completion of the sale, the president now owns 2,303,792 shares in the company, valued at $21,886,024. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Tuesday, May 28th, Matthew David Feierstein sold 4,582 shares of EverCommerce stock. The shares were sold at an average price of $10.16, for a total transaction of $46,553.12.
  • On Tuesday, April 2nd, Matthew David Feierstein sold 1,270 shares of EverCommerce stock. The stock was sold at an average price of $9.00, for a total transaction of $11,430.00.

EverCommerce Trading Down 1.4 %

NASDAQ EVCM opened at $9.43 on Friday. EverCommerce Inc. has a 52 week low of $6.22 and a 52 week high of $12.32. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.71 and a current ratio of 1.71. The stock’s 50 day moving average price is $9.55 and its two-hundred day moving average price is $9.73.

EverCommerce (NASDAQ:EVCMGet Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $170.10 million during the quarter, compared to the consensus estimate of $162.11 million. EverCommerce had a negative return on equity of 4.92% and a negative net margin of 6.02%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) EPS. As a group, research analysts forecast that EverCommerce Inc. will post -0.08 earnings per share for the current year.

Hedge Funds Weigh In On EverCommerce

Large investors have recently modified their holdings of the business. Quest Partners LLC acquired a new stake in shares of EverCommerce in the fourth quarter valued at about $135,000. Edgestream Partners L.P. bought a new position in EverCommerce in the first quarter valued at approximately $123,000. Raymond James Financial Services Advisors Inc. increased its position in shares of EverCommerce by 7.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 23,000 shares of the company’s stock worth $254,000 after purchasing an additional 1,500 shares during the last quarter. RIA Advisory Group LLC bought a new stake in shares of EverCommerce during the 1st quarter worth approximately $242,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in shares of EverCommerce in the 4th quarter valued at approximately $391,000. 97.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

EVCM has been the topic of several research analyst reports. Canaccord Genuity Group raised their price objective on EverCommerce from $12.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $10.00 price target (down previously from $11.00) on shares of EverCommerce in a research report on Friday, March 15th. Royal Bank of Canada decreased their price objective on EverCommerce from $12.00 to $11.00 and set an “outperform” rating for the company in a research report on Friday, March 15th. Barclays dropped their target price on shares of EverCommerce from $10.00 to $9.00 and set an “equal weight” rating on the stock in a report on Friday, March 15th. Finally, Oppenheimer upped their price target on shares of EverCommerce from $11.00 to $12.00 and gave the company an “outperform” rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $11.40.

View Our Latest Stock Report on EverCommerce

EverCommerce Company Profile

(Get Free Report)

EverCommerce Inc, together with its subsidiaries, provides integrated software-as-a-service solutions for service-based small and medium sized businesses in the United States and internationally. The company's solutions include business management software that offers route-based dispatching, medical practice management, and gym member management solutions; billing and payment solutions comprising e-invoicing, mobile payments, and integrated payment processing; customer experience solution, which include reputation management and messaging solutions; and marketing technology solutions that cover websites, hosting, and digital lead generation.

See Also

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

Receive News & Ratings for EverCommerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EverCommerce and related companies with MarketBeat.com's FREE daily email newsletter.