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Brian Mulroy, the Chief Financial Officer of SEMrush Holdings, Inc. (NASDAQ:SEMR), recently sold shares of the company’s Class A Common Stock. According to a filing with the Securities and Exchange Commission, Mulroy sold 22,547 shares on March 3, 2025, at a weighted average price of $11.20 per share, resulting in a total transaction value of $252,526. The sale was conducted to meet tax withholding obligations following the vesting of restricted stock units (RSUs) on March 1, 2025, and was not a discretionary trade by Mulroy. The company, currently valued at $1.59 billion, maintains strong financial health with an impressive 82.62% gross profit margin. InvestingPro analysis suggests the stock is trading below its Fair Value, with 17 additional key insights available to subscribers.
In addition to the sale, Mulroy also acquired 290,909 shares of Class A Common Stock on March 1, 2025, through a grant of RSUs under SEMrush’s 2021 Stock Option and Incentive Plan. These RSUs will vest over a three-year period, with one-third vesting on March 1, 2026, and the remainder in equal quarterly installments over the following 24 months. Following these transactions, Mulroy holds a total of 698,558 shares, including the RSUs. With the stock trading near its 52-week low of $9.64, InvestingPro subscribers can access a comprehensive analysis of SEMrush’s valuation metrics and growth potential through the exclusive Pro Research Report, available for over 1,400 US stocks.
In other recent news, Semrush Holdings Inc. reported its fourth-quarter 2024 earnings, revealing a revenue of $102.6 million, surpassing the forecast of $101.03 million. However, the company missed its earnings per share (EPS) forecast, reporting $0.02 against an expected $0.06. Despite the mixed results, the company showed a strong revenue growth of 23% year-over-year. The full-year revenue for 2024 reached $376.8 million, marking a 22% increase from the previous year. In terms of future guidance, Semrush projects its Q1 2025 revenue to be between $103.9 million and $104.7 million, indicating a continued growth trajectory. The company also set a full-year 2025 revenue target of $448 million to $453 million, aiming for a 20% increase. Additionally, Semrush launched new AI-powered solutions, reflecting its focus on innovation and expansion in the enterprise sector. Meanwhile, the company is undergoing a leadership transition, with Bill Wagner set to take over as CEO, as outgoing CEO Oleg Shlagle transitions to the role of Chief Technology Officer.
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