SEMrush Holdings, Inc. (NYSE:SEMR) Given Average Rating of “Reduce” by Analysts

Shares of SEMrush Holdings, Inc. (NYSE:SEMRGet Free Report) have been given an average rating of “Reduce” by the eight brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $10.80.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SEMrush in a research note on Wednesday, January 21st.

Check Out Our Latest Stock Report on SEMR

Insider Buying and Selling

In other SEMrush news, President Eugenie Levin sold 404,249 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $11.91, for a total value of $4,814,605.59. Following the transaction, the president directly owned 580,712 shares in the company, valued at approximately $6,916,279.92. This trade represents a 41.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Oleg Shchegolev sold 200,000 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $11.93, for a total transaction of $2,386,000.00. Following the completion of the transaction, the chief technology officer owned 7,174,188 shares in the company, valued at $85,588,062.84. The trade was a 2.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 605,648 shares of company stock worth $7,217,254. 55.61% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SEMrush

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Amundi lifted its position in SEMrush by 29.3% during the first quarter. Amundi now owns 4,890 shares of the company’s stock valued at $44,000 after purchasing an additional 1,108 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in SEMrush by 96.4% during the second quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock valued at $50,000 after purchasing an additional 2,700 shares during the period. State of Alaska Department of Revenue purchased a new stake in SEMrush in the third quarter worth about $41,000. Tower Research Capital LLC TRC increased its position in SEMrush by 56.1% in the second quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock worth $57,000 after buying an additional 2,259 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of SEMrush by 2,448.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,933 shares of the company’s stock worth $82,000 after buying an additional 6,661 shares during the period. 32.86% of the stock is currently owned by hedge funds and other institutional investors.

SEMrush Price Performance

NYSE SEMR opened at $11.94 on Thursday. The business’s fifty day moving average price is $11.88 and its 200-day moving average price is $10.23. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -108.50 and a beta of 1.55. SEMrush has a 1-year low of $6.56 and a 1-year high of $11.95.

SEMrush (NYSE:SEMRGet Free Report) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.07) EPS for the quarter. The firm had revenue of $117.66 million during the quarter. SEMrush had a negative return on equity of 3.19% and a negative net margin of 4.27%.

About SEMrush

(Get Free Report)

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.

Read More

Analyst Recommendations for SEMrush (NYSE:SEMR)

Receive News & Ratings for SEMrush Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEMrush and related companies with MarketBeat.com's FREE daily email newsletter.