EverCommerce director Remer sells $519,922 of stock in August

EverCommerce director Eric Richard Remer sold 57,125 shares of the company's common stock between August 25 and August 27, 2026, for a total value of $519,922. The average sale price for these transactions was between $8.9672 and $9.2457 per share. Currently, the stock is trading at $9.34, experiencing a slight decrease of approximately 3% over the past week.

Of the shares sold, 19,100 were part of a 10b5-1 trading plan initiated by Remer on June 12, 2025, while the remaining 38,025 shares were sold through open market transactions. Following these sales, Remer still holds 5,347,102 shares of EverCommerce directly. Additionally, he maintains indirect beneficial ownership of other shares through entities such as Buckrail Partners, LLC, the Remer Family Trust, the EMJ Remer Family Trust, and Family Trust 1.

Despite this insider sale, an analysis by InvestingPro suggests that the stock remains undervalued, earning it a place on the Most Undervalued list. EverCommerce's PEG ratio of 0.22 indicates an attractive valuation relative to its growth prospects. In other news, EverCommerce reported a 2.7% revenue increase to $152 million in its second-quarter earnings for 2026, surpassing Wall Street expectations.

The company also announced that founder and CEO Eric Remer is stepping down, with Alex Goor taking over the leadership role, marking a significant transition for the organization.