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EverCommerce director Remer sells $293,569 in common stock

EverCommerce director Remer sells $293,569 in common stock

Eric Richard Remer, a director at EverCommerce Inc. (NASDAQ: EVCM), sold 30,576 shares of the company's common stock in late August 2026 for a total of $293,569. On August 21, Remer sold 16,602 shares at a weighted average price of $9.6299 per share, ranging from $9.495 to $9.745. Three days later, on August 24, he sold an additional 13,974 shares at a weighted average price of $9.5673 per share, with individual sales between $9.465 and $9.66.

These transactions reflect the decline of EverCommerce's stock price by 21% year-to-date, currently trading at $9.55. Despite the decline, InvestingPro analysis suggests the stock is undervalued, with a Fair Value indicating potential upside. As of the sale, Remer still owns 5,404,227 shares directly and indirectly holds thousands of more shares through various trusts.

EverCommerce reported strong Q2 results for 2026, with revenue increasing by 2.7% from the previous year to $152 million, and adjusted EBITDA exceeding expectations. The company also announced that Remer will step down as CEO, with Alex Goor taking over the position. These developments, including the stock sales and leadership change, are significant events within the company and have garnered attention from investors and analysts.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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