Insider Trading February 20, 2026

Commerce.com Executive Chair Purchases $294,080 in Series 1 Shares

Ellen F. Siminoff increases stake as analysts cut price targets and company deepens Stripe integrations

By Derek Hwang CMRC
Commerce.com Executive Chair Purchases $294,080 in Series 1 Shares
CMRC

Commerce.com Executive Chair Ellen F. Siminoff bought 100,000 shares of the company’s Series 1 Common Stock on February 17, 2026, paying between $2.905 and $2.99 per share for a total of $294,080. The purchase comes while the stock trades near its 52-week low and follows recent corporate integrations with Stripe and analyst downgrades and price-target reductions.

Key Points

  • Ellen F. Siminoff bought 100,000 Series 1 shares on February 17, 2026 at $2.905 to $2.99 per share, totaling $294,080 - impacts equity holders and insider activity monitoring.
  • After the purchase, Siminoff directly owns 77,986 shares and indirectly owns 353,333 shares through The D & E Living Trust - relevant to corporate governance and ownership structure.
  • Commerce.com expanded integrations with Stripe for BigCommerce merchants and connected product catalogs to AI shopping agents, while analysts lowered price targets and ratings - affects payments, e-commerce, and AI-enabled commerce sectors.

Commerce.com, Inc. (NASDAQ: CMRC) disclosed that Executive Chair Ellen F. Siminoff acquired 100,000 shares of Series 1 Common Stock on February 17, 2026. Share prices for the block ranged from $2.905 to $2.99, producing an aggregate transaction value of $294,080.

The transaction occurred while Commerce.com shares are trading close to their 52-week low of $2.41 and after the stock has fallen roughly 53% over the last 12 months.

Following the February 17 purchase, Siminoff’s direct ownership stands at 77,986 shares. In addition, she holds an indirect interest of 353,333 shares through The D & E Living Trust.


Recent corporate developments

Commerce.com has announced expansions to its payments and AI-related offerings through deeper integrations with Stripe. The company said it extended a partnership to give BigCommerce merchants worldwide access to Stripe’s Optimized Checkout Suite, which includes dynamic local and alternative payment methods as well as AI-driven fraud prevention tools.

Separately, BigCommerce, a Commerce.com subsidiary, integrated with Stripe’s Agentic Commerce Suite. That integration allows merchants to connect product catalogs to AI shopping agents.


Analyst actions and market context

On the analyst front, Morgan Stanley downgraded Commerce.com from Equalweight to Underweight. The firm cited ongoing execution issues and a structural disadvantage related to the company’s fragmented portfolio, and it lowered its price target to $4.00 from $6.50.

Canaccord Genuity also reduced its price target for Commerce.com, cutting it from $11.00 to $6.00 while maintaining a Buy rating. Canaccord noted that the company’s growth profile may not be strong enough to attract new investors in the current market.


Takeaway

The insider purchase by Siminoff increases her stake in Commerce.com at a time when the stock is near annual lows and when several analysts have trimmed expectations and targets. The company’s recent product and partner integrations with Stripe were highlighted alongside the analyst assessments, underscoring both opportunities in payments and AI-enabled commerce and ongoing execution and portfolio consolidation challenges.

Risks

  • The stock is trading near its 52-week low and has declined about 53% over the past year - risk for equity investors and portfolio managers in the technology and e-commerce sectors.
  • Analyst concerns over execution and a fragmented portfolio, highlighted by Morgan Stanley’s downgrade and reduced price target - uncertainty for investors assessing operational and strategic execution in the e-commerce sector.
  • Canaccord Genuity’s view that the company’s growth profile may not attract new investors in the current market - potential funding and valuation risk for Commerce.com and stakeholders in the payments and online retail technology markets.

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