EverCommerce CEO Remer Eric Richard Sells 24,200 Shares in June 2025

EverCommerce Inc. (EVCM) has recently announced that Director and Chief Executive Officer, Remer Eric Richard, has made two transactions involving the sale of shares. Firstly, on 2025-06-24, Mr. Richard sold 19,711 shares at a price of $10.02 per share. Secondly, on 2025-06-25, he sold an additional 4,789 shares at the same price of $10.02 per share.

Title: EverCommerce Inc. (EVCM) CEO Eric Richard Remer Sells Additional Shares

EverCommerce Inc. (EVCM), a provider of integrated software-as-a-service solutions for service-based small and medium-sized businesses, has seen its Chief Executive Officer, Eric Richard Remer, engage in two recent transactions involving the sale of company shares. On June 24, 2025, Mr. Remer sold 19,711 shares at an average price of $10.02 per share. The following day, on June 25, 2025, he sold an additional 4,789 shares at the same price of $10.02 per share.

These transactions, disclosed in a document filed with the Securities & Exchange Commission, represent a total of 24,490 shares sold by Mr. Remer. The total transaction amount for these shares is $246,441.42, based on the average selling price. Prior to these transactions, Mr. Remer held a total of 5,393,618 shares, valued at approximately $51,562,988.08. These sales have decreased his ownership in the company to 5,369,128 shares, valued at approximately $51,317,546.86.

The share price of EverCommerce has been volatile recently, with the stock trading down $0.15 during midday trading on June 17, 2025, hitting $9.55. The company's 50-day and 200-day moving averages stand at $10.09 and $10.34, respectively. Over the past year, the stock has traded between a low of $8.10 and a high of $12.35, with a market capitalization of $1.74 billion.

Analysts have issued varying opinions on the stock. Barclays raised their price objective to $11.00, while Oppenheimer and Royal Bank of Canada lowered their targets to $12.00 and $11.00, respectively. Jefferies Financial Group and The Goldman Sachs Group have set a hold and sell rating, respectively. Overall, the consensus rating is "Hold" with an average target price of $11.36.

Institutional investors have also shown interest in EverCommerce. Charles Schwab Investment Management Inc., Raymond James Financial Inc., American Century Companies Inc., JPMorgan Chase & Co., and Arrowstreet Capital Limited Partnership have increased their holdings in the company's stock. These institutions now hold approximately 97.91% of EverCommerce's shares.

The recent insider selling activity has raised questions about the company's future prospects. Over the past 24 months, insiders have sold a total of 750,737 shares for a total of $7,778,627.30. While Mr. Remer's sales represent a significant portion of this activity, they are part of a broader trend of insider selling.

EverCommerce's quarterly earnings data, released on May 8, 2025, showed a loss of $0.01 EPS, missing analysts' consensus estimates of $0.04. The company reported a negative net margin of 4.84% and a negative return on equity of 3.13%. Revenue was $142.27 million for the quarter, down 16.3% compared to the same period last year.

As EverCommerce continues to navigate these financial challenges, investors will be closely monitoring the company's performance and the actions of its leadership.

References
[1] https://www.marketbeat.com/instant-alerts/insider-selling-evercommerce-inc-nasdaqevcm-ceo-sells-20045-shares-of-stock-2025-06-18/
[2] https://www.marketbeat.com/stocks/NASDAQ/EVCM/insider-trades/