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EverCommerce Inc. (NASDAQ:EVCM) Chief Executive Officer Eric Richard Remer, sold a total of 24,500 shares of common stock on July 15 and 16, 2025. The sales amounted to approximately $260,029, with prices ranging from $10.5499 to $10.6539. The $2 billion market cap company, which currently trades near its 52-week high of $12.35, appears undervalued according to InvestingPro analysis.
On July 15, Remer sold 14,973 shares at a weighted average price of $10.6539. These shares were sold in multiple transactions at prices ranging from $10.53 to $10.74. Then, on July 16, he sold an additional 9,527 shares at a weighted average price of $10.5499, in a range between $10.465 and $10.64. While the company isn’t currently profitable, InvestingPro analysts expect positive earnings this year, with strong liquidity metrics supporting its financial position.
The shares were sold indirectly through Buckrail Partners, LLC. Following these transactions, Remer continues to indirectly own 5,315,663 shares through Buckrail Partners, LLC, directly owns 3,175,514 shares, indirectly owns 1,000,000 shares through EMJ Remer Family Trust, 35,000 shares through Remer Family Trust and 28,999 shares through Family Trust 1.
All sale transactions were made pursuant to a Rule 10b5-1 trading plan dated June 14, 2024.
In other recent news, EverCommerce Inc. reported its first-quarter 2025 financial results, highlighting a revenue of $142.3 million, which surpassed market expectations and marked a 3.2% year-over-year increase. The company also achieved an adjusted EBITDA of $44.9 million, resulting in a 31.6% margin, exceeding the consensus estimate of $40.3 million. Analysts from Citizens JMP and Oppenheimer maintained positive ratings on EverCommerce, with price targets of $15 and $12, respectively, reflecting confidence in the company’s performance. In corporate governance developments, EverCommerce shareholders elected two Class I directors, Penny Baldwin-Leonard and Eric Remer, during the 2025 Annual Meeting of Stockholders. Additionally, Amy Shenkan was appointed to the Board of Directors as a Class II director, further strengthening the company’s governance framework. These strategic moves are part of EverCommerce’s ongoing efforts to enhance its board oversight and governance. The company’s robust earnings and strategic board appointments underscore its operational strength and continued growth trajectory.
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