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EverCommerce Inc. (NASDAQ:EVCM), a $1.9 billion market cap company currently trading at $10.42, saw Chief Executive Officer Eric Richard Remer sell a total of 24,500 shares of common stock on June 24 and 25, 2025, for approximately $245,433. According to InvestingPro analysis, the stock appears undervalued compared to its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed in multiple transactions. On June 24, Remer sold 19,711 shares at prices ranging from $9.89 to $10.11. On June 25, he sold 4,789 shares at prices ranging from $9.955 to $10.13. While the company isn’t currently profitable, InvestingPro data indicates analysts expect profitability this year, with the company maintaining a healthy current ratio of 2.29.
The shares were sold indirectly through Buckrail Partners, LLC. Following these transactions, Remer continues to indirectly own 5,364,663 shares through Buckrail Partners, LLC. He also directly owns 3,179,456 shares. Additionally, he indirectly owns 1,000,000 shares through the EMJ Remer Family Trust, 35,000 shares through the Remer Family Trust, and 28,999 shares through Family Trust 1.
The sales were conducted under a Rule 10b5-1 trading plan established on June 14, 2024.
In other recent news, EverCommerce Inc. reported its first-quarter 2025 financial results, highlighting a revenue of $142.3 million, which exceeded market expectations and represented a 7% year-over-year increase. The company’s adjusted EBITDA reached $44.9 million, surpassing the consensus estimate of $40.3 million, resulting in a 31.6% adjusted EBITDA margin. Analysts from Citizens JMP maintained a Market Outperform rating with a $15 price target, while Oppenheimer reiterated an Outperform rating with a $12 price target, both expressing confidence in EverCommerce’s financial performance despite a slight deceleration in growth. Additionally, the company announced the appointment of Amy Shenkan to its Board of Directors, where she will also serve on the Audit Committee. EverCommerce shareholders recently elected two Class I directors and ratified the appointment of Ernst & Young LLP as the independent accounting firm for the fiscal year ending December 31, 2025. The company’s strategic focus on AI integration and product innovation was emphasized during the earnings call, with executives highlighting efforts to enhance customer engagement and expand product offerings. EverCommerce’s continued growth trajectory and operational strength have garnered positive attention from investors and market analysts alike.
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