EverCommerce Inc. (NASDAQ:EVCM) Chief Executive Officer Eric Richard Remer executed a sale of 11,490 shares of the company's common stock on February 25, 2026, generating approximately $120,903 in proceeds. The transactions cleared at a weighted average price of $10.5225 per share, with individual trade prices falling between $10.255 and $10.67.
After completing the sale, Remer directly holds 2,615,886 shares of EverCommerce common stock. His indirect holdings include 5,148,663 shares attributed to Buckrail Partners, LLC; 35,000 shares held by the Remer Family Trust; 1,000,000 shares owned by the EMJ Remer Family Trust; and 28,999 shares under Family Trust 1.
The disposition was carried out pursuant to a Rule 10b5-1 trading plan that Remer adopted on June 12, 2025. The filing indicates this transaction followed the prearranged plan.
In related analyst activity, Raymond James downgraded Weave Communications from Strong Buy to Outperform, lowering its price target to $10.00 from $12.00. Raymond James cited concerns about the timing for expected growth catalysts and pointed to a difficult backdrop in the small and medium-sized business software sector.
At the same time, RBC Capital reduced its rating on EverCommerce from Outperform to Sector Perform while keeping a $12.00 price target. RBC Capital stated that EverCommerce shares appear fairly valued at current levels, creating what the firm described as a more balanced risk/reward profile for investors.
Taken together, these analyst moves signal a cautious tone from the investment community regarding near-term growth catalysts and valuation dynamics for both companies. The downgrades reference the pace and timing of expected business improvements as well as the sector conditions facing small and medium-sized business software providers.
Summary of transaction and analyst actions:
- CEO Eric Richard Remer sold 11,490 EverCommerce shares on February 25, 2026, for roughly $120,903.
- Sale executed at a weighted average price of $10.5225, with trade prices between $10.255 and $10.67.
- Remer retains both sizable direct and indirect holdings in EverCommerce across multiple trusts and entities.
- Raymond James downgraded Weave Communications to Outperform and lowered its price target to $10.00 from $12.00.
- RBC Capital downgraded EverCommerce to Sector Perform, maintaining a $12.00 price target and characterizing shares as fairly valued.