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BOSTON—Levin Eugenie, President of SEMrush Holdings, Inc. (NASDAQ:SEMR), recently sold a portion of the company’s Class A common stock. According to a filing with the Securities and Exchange Commission, Eugenie disposed of 4,075 shares on April 2, 2025. The shares were sold at a weighted average price of $9.44, generating a total of $38,468. The $1.3 billion market cap company has demonstrated strong fundamentals with impressive 82.6% gross margins and 22.5% revenue growth in the last twelve months, according to InvestingPro data.
The transaction involved the sale of shares to meet tax withholding obligations related to the vesting of restricted stock units (RSUs) on April 1, 2025. Consequently, the sale does not represent a discretionary trade by Eugenie. Following this transaction, Eugenie holds 797,393 shares of SEMrush Holdings. The stock is currently trading near its 52-week low of $8.65, down 25% year-to-date, with InvestingPro analysis suggesting the stock is currently undervalued. Subscribers can access 16 additional ProTips and comprehensive valuation metrics on the platform.
The shares were sold at prices ranging from $9.32 to $9.58, with the average price being reported. Eugenie remains committed to providing detailed information about the sale upon request to the issuer or any interested security holder.
In other recent news, Semrush Holdings Inc. reported its fourth-quarter 2024 earnings, revealing revenue of $102.6 million, which exceeded the forecast of $101.03 million. Despite this revenue success, the company fell short of its earnings per share (EPS) expectations, reporting $0.02 against the anticipated $0.06. For the full year 2024, Semrush achieved a revenue of $376.8 million, marking a 22% increase from the previous year. Looking ahead, the company has set its revenue guidance for the first quarter of 2025 between $103.9 million and $104.7 million, with a full-year 2025 revenue projection of $448 million to $453 million.
In addition to the earnings report, Semrush has been focusing on expanding its AI capabilities and enterprise offerings, as highlighted by outgoing CEO Oleg Shlagle and incoming CEO Bill Wagner. The company aims to drive future growth through these initiatives. Furthermore, Semrush has recently launched new AI-powered solutions and is planning to introduce an AI optimization solution in the first half of 2025. The company’s strategic direction and leadership transition were discussed during a recent earnings call, reflecting a commitment to innovation and market expansion.
These developments come as Semrush continues to position itself as a leader in digital marketing solutions, with a focus on enhancing its product portfolio and customer base. The company closed over 40 enterprise deals in December, contributing to its growing enterprise segment. Additionally, Semrush’s enterprise customer base saw significant growth, with 144 enterprise SEO customers by the end of 2024, showcasing the company’s success in expanding its market reach.
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