Exploring EverCommerce Inc. (EVCM) Investor Profile: Who’s Buying and Why?

Who Invests in EverCommerce Inc. (EVCM) and Why?

Who Invests in EverCommerce Inc. (EVCM) and Why?

Understanding the diverse investor landscape for EverCommerce Inc. (EVCM) provides insight into the company's appeal and potential growth trajectory. The types of investors actively engaging with EVCM can be categorized into several key groups.

Key Investor Types

• Retail Investors: Individual investors who purchase shares for personal accounts. As of late 2022, retail investors accounted for approximately 20% of the trading volume in EVCM.
• Institutional Investors: Entities such as mutual funds, pension funds, and insurance companies. By Q3 2023, institutional ownership in EVCM was around 85%.
• Hedge Funds: These funds typically engage in various strategies including long and short positions. Hedge funds held about 10% of EVCM shares as per the latest SEC filings.

Investment Motivations

Investors are drawn to EverCommerce Inc. for several compelling reasons:

• Growth Prospects: Analysts project a compound annual growth rate (CAGR) of 17.5% in the company's revenue from 2023 to 2026.
• Dividends: EVCM has initiated a dividend policy with an annual yield of 1.2% as of the last fiscal year.
• Market Position: EverCommerce is recognized as a leader in software solutions for service-based businesses, holding a market share of approximately 16% in its sector.

Investment Strategies

Investors employ various strategies when engaging with EVCM, reflecting their individual objectives and market perceptions:

• Long-term Holding: Many institutional investors adopt a strategy focused on holding shares for extended periods, aligning with the company’s growth narrative.
• Short-term Trading: Retail investors often engage in short-term trading, capitalizing on price volatility. Daily trading volumes for EVCM can reach around 1.2 million shares.
• Value Investing: Some investors are focused on EVCM's valuation metrics, such as a price-to-earnings (P/E) ratio of approximately 22, indicating a relatively attractive long-term investment perspective.

Investor Profile Data

This breakdown illustrates the diverse motivations and strategies among different investor types in EverCommerce Inc., showcasing a multifaceted approach to investment in this dynamic company.

Institutional Ownership and Major Shareholders of EverCommerce Inc. (EVCM)

Institutional Ownership and Major Shareholders of EverCommerce Inc. (EVCM)

Institutional ownership plays a significant role in the dynamics of stock investment. For EverCommerce Inc. (EVCM), understanding who the major shareholders are provides insights into investor confidence and potential stock price movements.

Top Institutional Investors

Changes in Ownership

Recent data indicates a shift in institutional ownership for EverCommerce Inc. In the last quarter, several significant changes have occurred:

• The Vanguard Group increased their stake by 3.1%, acquiring an additional 100,000 shares.
• BlackRock, Inc. reduced their holdings by 2.5%, selling off 60,000 shares.
• State Street maintained their stake, with no changes reported.
• Wellington Management saw an increase of 1.8%, adding 25,000 shares to their position.
• Invesco Ltd. decreased their holdings by 4.0%, selling 50,000 shares.

Impact of Institutional Investors

Institutional investors play a crucial role in shaping EverCommerce's stock price and overall strategy:

• With approximately 45% of the total shares held by institutional investors, their confidence can significantly influence market sentiment.
• Large investors often engage in strategic discussions with management, pushing for operational improvements or changes in capital allocation, impacting long-term growth strategies.
• Stock performance is often correlated with institutional buying patterns. For instance, a notable increase in holdings often signals positive outlooks and can drive up the stock price.
• Conversely, if major investors begin to offload shares, it may trigger sell-offs from retail investors, leading to price declines.

The interplay between institutional ownership and stock performance underscores the importance of understanding these dynamics for potential investors and stakeholders.

Key Investors and Their Influence on EverCommerce Inc. (EVCM)

Key Investors and Their Impact on EVCM Stock

EverCommerce Inc. (EVCM) has attracted a diverse range of investors, from institutional funds to influential individuals. This array of stakeholders plays a significant role in shaping the company's strategy and market performance.

Notable Investors

Some of the key investors in EverCommerce include:

• The Vanguard Group, Inc. - Holding approximately 8.25% of outstanding shares as of Q2 2023.
• BlackRock, Inc. - Owns around 7.12% of the company.
• Wellington Management Co. LLP - Possesses about 6.78% of EVCM shares.
• Starboard Value LP - An activist investor with a stake of approximately 5.65%.

Investor Influence

These investors significantly influence EverCommerce's decision-making and stock performance. For example, the presence of large institutional investors often stabilizes the stock price due to their long-term investment strategies. Conversely, activist investors like Starboard Value may push for strategic changes, potentially leading to stock price increases as the market reacts to proposed efficiencies or changes in leadership.

Recent Moves

Recent actions by these investors show dynamic engagement with EverCommerce:

• BlackRock recently increased its stake in EVCM by 2% in August 2023.
• Wellington Management sold 1.5 million shares in July 2023, adjusting its position.
• Starboard Value has publicly advocated for operational efficiencies and announced a $10 million incremental investment in EVCM.

Understanding the landscape of these investors and their recent activities can provide crucial insights into EverCommerce's strategic direction and stock fluctuations.

Market Impact and Investor Sentiment of EverCommerce Inc. (EVCM)

Market Impact and Investor Sentiment

Investor sentiment toward EverCommerce Inc. (EVCM) is currently categorized as neutral according to analyses from major shareholder reports. This sentiment reflects a mixed reception as the company continues to navigate market dynamics.

Recent market reactions have been notable following changes in ownership among large investors. For instance, when a prominent investment firm acquired a significant stake, EVCM's share price saw an uptick of 12% within a week. Conversely, during report disclosures indicating a sell-off by major stakeholders, the stock experienced a decline of 8%, signaling a sensitive investor climate.

Analyst perspectives suggest an intricate relationship between key investors and EverCommerce's future growth potential. As per the latest reports, analysts project an average target price of $25 for the stock over the next 12 months, considering the company’s performance trajectory and investor behavior. Additionally, a survey among analysts indicated that 70% believe recent investments will yield positive outcomes in technology and service enhancements.

This complex interplay of sentiment, stock market responses, and analyst outlook paints a comprehensive picture of EverCommerce's current standing in the market. The data reflects a careful navigation through fluctuating investor behaviors, with significant implications for future growth strategies.