Rhumbline Advisers Has $584,000 Position in Commerce.com, Inc. $CMRC

Rhumbline Advisers raised its position in shares of Commerce.com, Inc. (NASDAQ:CMRC) by 3.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,451 shares of the company’s stock after purchasing an additional 3,535 shares during the quarter. Rhumbline Advisers owned 0.13% of Commerce.com worth $584,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Millennium Management LLC raised its stake in Commerce.com by 1,073.1% during the 4th quarter. Millennium Management LLC now owns 1,245,111 shares of the company’s stock valued at $7,620,000 after purchasing an additional 1,138,977 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in Commerce.com by 55.7% during the 1st 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 period. Trexquant Investment LP raised its stake in Commerce.com by 105.4% during the 1st quarter. Trexquant Investment LP now owns 777,992 shares of the company’s stock valued at $4,481,000 after purchasing an additional 399,164 shares during the period. Acadian Asset Management LLC raised its stake in Commerce.com by 714.4% during the 1st quarter. Acadian Asset Management LLC now owns 690,548 shares of the company’s stock valued at $3,976,000 after purchasing an additional 605,753 shares during the period. Finally, Herald Investment Management Ltd grew its holdings in shares of Commerce.com by 25.0% during the 1st quarter. Herald Investment Management Ltd now owns 625,000 shares of the company’s stock valued at $3,600,000 after acquiring an additional 125,000 shares in the last quarter. 79.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on CMRC. Canaccord Genuity Group restated a “buy” rating and set a $11.00 price target on shares of Commerce.com in a report on Friday, August 1st. Needham & Company LLC restated a “buy” rating and set a $10.00 price target on shares of Commerce.com in a report on Wednesday, August 20th. Finally, Wall Street Zen upgraded shares of Commerce.com from a “hold” rating to a “buy” rating in a report on Sunday, August 10th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Commerce.com currently has a consensus rating of “Hold” and an average target price of $8.42.

Commerce.com Stock Up 3.2%

Commerce.com stock opened at $5.19 on Tuesday. The firm has a market cap of $419.04 million, a price-to-earnings ratio of -23.59 and a beta of 1.15. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.13 and a quick ratio of 2.13. Commerce.com, Inc. has a fifty-two week low of $4.14 and a fifty-two week high of $7.99. The firm has a fifty day moving average price of $4.74 and a two-hundred day moving average price of $5.09.

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

Insider Activity at Commerce.com

In other news, insider Russell Scott Klein sold 98,080 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $4.59, for a total transaction of $450,187.20. Following the completion of the transaction, the insider owned 444,001 shares of the company’s stock, valued at approximately $2,037,964.59. This represents a 18.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 9.06% of the company’s stock.

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.