Semrush Holdings, Inc. (NASDAQ:SEMR) President Eugenie Levin Sells 3,757 Shares

Semrush Holdings, Inc. (NASDAQ:SEMRGet Free Report) President Eugenie Levin sold 3,757 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $13.64, for a total value of $51,245.48. Following the sale, the president now directly owns 445,680 shares of the company’s stock, valued at $6,079,075.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Eugenie Levin also recently made the following trade(s):

  • On Wednesday, May 8th, Eugenie Levin sold 276,136 shares of Semrush stock. The stock was sold at an average price of $15.19, for a total value of $4,194,505.84.

Semrush Stock Performance

Shares of NASDAQ SEMR opened at $13.48 on Wednesday. Semrush Holdings, Inc. has a one year low of $7.36 and a one year high of $16.42. The firm has a market capitalization of $1.96 billion, a P/E ratio of 150.11 and a beta of 1.59. The company’s fifty day moving average is $14.45 and its two-hundred day moving average is $13.06.

Semrush (NASDAQ:SEMRGet Free Report) last announced its quarterly earnings data on Monday, May 6th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Semrush had a net margin of 4.01% and a return on equity of 6.05%. The firm had revenue of $85.81 million during the quarter, compared to analysts’ expectations of $85.10 million. On average, sell-side analysts forecast that Semrush Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on SEMR. Needham & Company LLC reissued a “buy” rating and issued a $18.00 price objective on shares of Semrush in a research note on Thursday, May 16th. KeyCorp began coverage on shares of Semrush in a research note on Thursday, March 21st. They set an “overweight” rating and a $17.00 price target on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

View Our Latest Research Report on Semrush

Institutional Investors Weigh In On Semrush

Institutional investors have recently modified their holdings of the company. Russia Partners Management LLC purchased a new position in Semrush in the 4th quarter valued at approximately $122,715,000. Cat Rock Capital Management LP grew its holdings in Semrush by 4.4% in the fourth quarter. Cat Rock Capital Management LP now owns 8,596,358 shares of the company’s stock valued at $117,426,000 after purchasing an additional 358,386 shares during the last quarter. G2 Investment Partners Management LLC purchased a new position in shares of Semrush in the fourth quarter valued at $10,597,000. SkyView Investment Advisors LLC raised its stake in shares of Semrush by 8.9% during the 1st quarter. SkyView Investment Advisors LLC now owns 205,827 shares of the company’s stock worth $2,729,000 after buying an additional 16,738 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC purchased a new stake in shares of Semrush in the 1st quarter worth about $2,705,000. Hedge funds and other institutional investors own 32.86% of the company’s stock.

About Semrush

(Get Free Report)

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.

Featured Stories

Insider Buying and Selling by Quarter for Semrush (NASDAQ:SEMR)

Receive News & Ratings for Semrush Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Semrush and related companies with MarketBeat.com's FREE daily email newsletter.