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President Sells 25,000 EverCommerce Shares for $250,000
Yahoo Finance· 2026-01-10 20:10
Core Insights - The recent sale of 25,000 shares by Matthew David Feierstein, President of EverCommerce, reflects a stable pattern of monthly sales and does not indicate a loss of confidence in the company [4][9][10] Shareholder Activity - Feierstein's direct holdings decreased by approximately 1.10% to 2,100,919 shares, while he retains an additional 150,000 shares held indirectly through a family trust [2][4] - The transaction value was approximately $250,515, based on a weighted average price of $10.02 per share [5][10] Historical Context - The size of the recent transaction matches the median sell trade size over the past year, indicating consistent selling activity [3][4] - The company has turned profitable in the first nine months of the year, earning $11.6 million compared to a loss of $28.9 million in the same period in 2024 [10] Company Overview - EverCommerce operates a diversified platform of SaaS solutions for service-based small and medium-sized businesses, focusing on recurring revenue through sector-specific products and integrated payment capabilities [7] - The company targets various customer segments, including home improvement contractors, medical practitioners, therapists, personal trainers, and salon owners [9]