Semrush Holdings, Inc. $SEMR Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. trimmed its holdings in Semrush Holdings, Inc. (NASDAQ:SEMR) by 51.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 65,181 shares of the company’s stock after selling 67,843 shares during the quarter. Federated Hermes Inc.’s holdings in Semrush were worth $461,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SEMR. State of Alaska Department of Revenue purchased a new stake in shares of Semrush in the third quarter worth about $41,000. Amundi boosted its position in Semrush by 29.3% in the 1st quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after purchasing an additional 1,108 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in shares of Semrush by 96.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock worth $50,000 after purchasing an additional 2,700 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Semrush by 56.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock valued at $57,000 after purchasing an additional 2,259 shares in the last quarter. Finally, R Squared Ltd acquired a new position in shares of Semrush in the 2nd quarter valued at $93,000. Hedge funds and other institutional investors own 32.86% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on SEMR. KeyCorp restated a “sector weight” rating on shares of Semrush in a research report on Wednesday, November 19th. Jefferies Financial Group reissued a “hold” rating and set a $12.00 target price (up from $10.00) on shares of Semrush in a research note on Thursday, November 20th. Finally, Needham & Company LLC restated a “hold” rating on shares of Semrush in a research note on Wednesday, November 19th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Semrush currently has an average rating of “Hold” and an average target price of $10.80.

Semrush Stock Down 0.2%

SEMR stock opened at $11.82 on Friday. Semrush Holdings, Inc. has a 52 week low of $6.56 and a 52 week high of $18.74. The firm has a 50-day simple moving average of $11.88 and a 200-day simple moving average of $9.36. The stock has a market capitalization of $1.76 billion, a P/E ratio of 147.71 and a beta of 1.55.

Insider Buying and Selling

In other Semrush news, CFO Brian Mulroy sold 100,078 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $11.86, for a total value of $1,186,925.08. Following the transaction, the chief financial officer owned 1,019,517 shares in the company, valued at approximately $12,091,471.62. This trade represents a 8.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CMO Andrew Warden sold 26,765 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $11.86, for a total transaction of $317,432.90. Following the sale, the chief marketing officer directly owned 382,953 shares of the company’s stock, valued at $4,541,822.58. The trade was a 6.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 324,357 shares of company stock worth $3,843,008 over the last ninety days. Corporate insiders own 55.61% of the company’s stock.

Semrush Profile

Semrush is a global software-as-a-service (SaaS) company that provides a comprehensive digital marketing platform for search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing and competitive research. The platform offers tools for keyword research, site auditing, backlink analysis and rank tracking, enabling marketing professionals to develop and refine their online visibility strategies. Semrush is publicly traded under the ticker SEMR and is headquartered in Boston with additional offices and development centers across North America, Europe and Asia.

The Semrush platform is organized into specialized toolkits covering SEO, content marketing, competitive intelligence, social media management and advertising research.