155,939 Shares in Commerce.com, Inc. $CMRC Bought by Nuveen LLC

Nuveen LLC bought a new position in shares of Commerce.com, Inc. (NASDAQ:CMRC) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 155,939 shares of the company’s stock, valued at approximately $898,000. Nuveen LLC owned about 0.20% of Commerce.com at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Invesco Ltd. lifted its holdings in shares of Commerce.com by 99.6% during the first quarter. Invesco Ltd. now owns 46,007 shares of the company’s stock worth $265,000 after buying an additional 22,953 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Commerce.com by 55.7% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,083,965 shares of the company’s stock valued at $6,244,000 after purchasing an additional 387,836 shares during the last quarter. Herald Investment Management Ltd grew its holdings in Commerce.com by 25.0% during the 1st quarter. Herald Investment Management Ltd now owns 625,000 shares of the company’s stock worth $3,600,000 after acquiring an additional 125,000 shares during the last quarter. Headlands Technologies LLC increased its stake in shares of Commerce.com by 154.6% in the first quarter. Headlands Technologies LLC now owns 25,301 shares of the company’s stock valued at $146,000 after buying an additional 15,363 shares during the period. Finally, US Bancorp DE increased its stake in shares of Commerce.com by 12.1% in the first quarter. US Bancorp DE now owns 22,196 shares of the company’s stock valued at $128,000 after buying an additional 2,400 shares during the period. Institutional investors own 79.21% of the company’s stock.

Commerce.com Stock Performance

NASDAQ:CMRC opened at $4.50 on Wednesday. The stock has a market cap of $363.33 million, a P/E ratio of -20.45 and a beta of 1.15. The firm’s fifty day simple moving average is $4.82 and its 200 day simple moving average is $5.29. Commerce.com, Inc. has a twelve month low of $4.14 and a twelve month high of $7.99. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 4.06.

Commerce.com (NASDAQ:CMRC) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. Commerce.com had a negative net margin of 5.37% and a negative return on equity of 25.13%. The business had revenue of $84.43 million for the quarter, compared to analysts’ expectations of $86.08 million. During the same quarter in the previous year, the business posted $0.05 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CMRC shares. The Goldman Sachs Group dropped their target price on shares of Commerce.com from $9.50 to $8.50 and set a “neutral” rating on the stock in a research report on Friday, May 9th. Wall Street Zen upgraded Commerce.com from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $11.00 price target on shares of Commerce.com in a report on Friday, August 1st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $10.00 price objective on shares of Commerce.com in a research note on Wednesday, August 20th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Commerce.com presently has an average rating of “Hold” and an average price target of $8.42.

Commerce.com Company Profile

BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company’s platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.