Voya Investment Management LLC Has $116,000 Stake in Commerce.com, Inc. $CMRC

Voya Investment Management LLC lowered its stake in shares of Commerce.com, Inc. (NASDAQ:CMRC) by 10.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,172 shares of the company’s stock after selling 2,253 shares during the period. Voya Investment Management LLC’s holdings in Commerce.com were worth $116,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in shares of Commerce.com by 8,196.8% during the 1st quarter. GAMMA Investing LLC now owns 5,144 shares of the company’s stock valued at $30,000 after buying an additional 5,082 shares during the period. Next Level Private LLC acquired a new stake in shares of Commerce.com during the 1st quarter valued at $58,000. Sei Investments Co. acquired a new stake in shares of Commerce.com during the 1st quarter valued at $64,000. CWM LLC boosted its stake in shares of Commerce.com by 87.4% during the 1st quarter. CWM LLC now owns 12,482 shares of the company’s stock valued at $72,000 after buying an additional 5,820 shares during the period. Finally, Magnetar Financial LLC acquired a new stake in shares of Commerce.com during the 1st quarter valued at $84,000. Institutional investors and hedge funds own 79.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and set a $11.00 target price on shares of Commerce.com in a research note on Friday, August 1st. Wall Street Zen raised shares of Commerce.com from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Commerce.com in a research note on Wednesday, August 20th. Three investment 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $8.42.

Insider Buying and Selling

In related news, insider Russell Scott Klein sold 98,080 shares of Commerce.com stock in a transaction on Friday, September 12th. The shares were sold at an average price of $4.59, for a total value of $450,187.20. Following the transaction, the insider owned 444,001 shares in the company, valued at $2,037,964.59. This trade represents a 18.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.06% of the stock is owned by company insiders.

Commerce.com Stock Performance

Shares of CMRC opened at $4.90 on Thursday. The company has a market capitalization of $395.63 million, a PE ratio of -22.27 and a beta of 1.08. Commerce.com, Inc. has a one year low of $4.14 and a one year high of $7.99. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.13 and a quick ratio of 2.13. The company’s fifty day moving average price is $4.74 and its 200 day moving average price is $5.05.

Commerce.com (NASDAQ:CMRC) last announced its earnings results on Thursday, July 31st. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $84.43 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.05 EPS. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Commerce.com 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.