Semrush Holdings, Inc. (NASDAQ:SEMR) CMO Andrew Warden Sells 4,154 Shares

Semrush Holdings, Inc. (NASDAQ:SEMRGet Free Report) CMO Andrew Warden sold 4,154 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $13.69, for a total value of $56,868.26. Following the completion of the sale, the chief marketing officer now directly owns 261,317 shares of the company’s stock, valued at $3,577,429.73. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Semrush Stock Down 0.2 %

SEMR stock opened at $13.48 on Wednesday. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 150.11 and a beta of 1.59. Semrush Holdings, Inc. has a twelve month low of $7.36 and a twelve month high of $16.42. The business’s fifty day simple moving average is $14.45 and its two-hundred day simple moving average is $13.06.

Semrush (NASDAQ:SEMRGet Free Report) last released its quarterly earnings data on Monday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. Semrush had a net margin of 4.01% and a return on equity of 6.05%. The company had revenue of $85.81 million during the quarter, compared to analysts’ expectations of $85.10 million. Research analysts expect that Semrush Holdings, Inc. will post 0.12 EPS for the current year.

Institutional Investors Weigh In On Semrush

A number of institutional investors and hedge funds have recently bought and sold shares of SEMR. Harbor Capital Advisors Inc. raised its holdings in shares of Semrush by 33.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 5,503 shares of the company’s stock valued at $75,000 after acquiring an additional 1,378 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Semrush by 20.9% during the fourth quarter. Russell Investments Group Ltd. now owns 9,036 shares of the company’s stock valued at $123,000 after buying an additional 1,563 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in Semrush in the fourth quarter valued at approximately $226,000. Hsbc Holdings PLC boosted its position in shares of Semrush by 61.0% in the 3rd quarter. Hsbc Holdings PLC now owns 20,966 shares of the company’s stock worth $175,000 after purchasing an additional 7,947 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in Semrush in the fourth quarter worth about $289,000. 32.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. KeyCorp began coverage on Semrush in a report on Thursday, March 21st. They set an “overweight” rating and a $17.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and issued a $18.00 target price on shares of Semrush in a research note on Thursday, May 16th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Semrush has an average rating of “Moderate Buy” and an average price target of $14.00.

Read Our Latest Research Report on Semrush

Semrush Company Profile

(Get Free Report)

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally. 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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Insider Buying and Selling by Quarter for Semrush (NASDAQ:SEMR)

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