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EverCommerce Inc. (NASDAQ:EVCM), a $2 billion market cap company with a "GOOD" InvestingPro Financial Health score, saw its Chief Executive Officer Eric Richard Remer sell 19,200 shares of company stock on October 7, 2025, according to a new SEC filing. The shares were sold at a weighted average price of $11.0495, for a total transaction value of $212,150.
The prices for the sales ranged from $10.945 to $11.365
Remer also indirectly owns shares through several entities: 5,148,663 shares are held by Buckrail Partners, LLC, 1,000,000 shares by EMJ Remer Family Trust, 35,000 by Remer Family Trust and 28,999 by Family Trust 1.
The sale was executed under a Rule 10b5-1 trading plan adopted on June 12, 2025.
In other recent news, EverCommerce Inc. has completed the acquisition of ZyraTalk, an AI-powered customer engagement platform. This acquisition aims to enhance EverCommerce’s service offerings, initially integrating ZyraTalk into its Home & Field Services vertical, EverPro, with plans for broader application across its other sectors. Additionally, Piper Sandler has raised its price target for EverCommerce to $10.00 from $9.00, maintaining a Neutral rating. This adjustment follows EverCommerce’s second-quarter results, which showed revenue exceeding expectations by $2 million and EBITDA surpassing forecasts by $4.5 million.
Furthermore, EverCommerce has announced a refinancing of its $529.4 million term loan facility, extending the maturity of $125 million in revolving credit commitments. The company replaced its existing Term Loan B with a new class of Term B-2 Loans, extending the maturity date to July 6, 2031, and reducing the interest rate by 25 basis points. This move was part of an amendment to its existing credit agreement, as detailed in a Securities and Exchange Commission filing. The refinancing aims to optimize the company’s financial structure by lowering rates and extending loan maturities.
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