Shares of Commerce.com, Inc. (NASDAQ:CMRC – Get Free Report) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $8.50.
Several brokerages have weighed in on CMRC. Wall Street Zen raised Commerce.com from a “hold” rating to a “buy” rating in a research report on Sunday, August 10th. Canaccord Genuity Group reissued a “buy” rating and set a $11.00 price objective on shares of Commerce.com in a report on Friday, August 1st. Weiss Ratings reissued a “sell (e+)” rating on shares of Commerce.com in a report on Wednesday. Finally, Needham & Company LLC reissued a “buy” rating and set a $10.00 price objective on shares of Commerce.com in a report on Wednesday, August 20th.
Get Our Latest Stock Analysis on CMRC
Commerce.com Stock Performance
Commerce.com (NASDAQ:CMRC – Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. Commerce.com had a negative return on equity of 25.13% and a negative net margin of 5.37%.The company had revenue of $84.43 million for the quarter, compared to analyst estimates of $86.08 million. During the same period in the prior year, the firm posted $0.05 EPS. The business’s revenue was up 3.2% compared to the same quarter last year. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.
Insider Activity at Commerce.com
In other news, insider Russell Scott Klein sold 98,080 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $4.59, for a total transaction of $450,187.20. Following the transaction, the insider owned 444,001 shares of the company’s stock, valued at approximately $2,037,964.59. This represents a 18.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 9.06% of the company’s stock.
Institutional Trading of Commerce.com
Several hedge funds have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Commerce.com by 55.7% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,083,965 shares of the company’s stock valued at $6,244,000 after purchasing an additional 387,836 shares during the period. Trexquant Investment LP boosted its stake in Commerce.com by 105.4% during the 1st quarter. Trexquant Investment LP now owns 777,992 shares of the company’s stock valued at $4,481,000 after purchasing an additional 399,164 shares during the period. Acadian Asset Management LLC boosted its stake in Commerce.com by 714.4% during the 1st quarter. Acadian Asset Management LLC now owns 690,548 shares of the company’s stock valued at $3,976,000 after purchasing an additional 605,753 shares during the period. Herald Investment Management Ltd lifted its position in shares of Commerce.com by 25.0% in the 1st quarter. Herald Investment Management Ltd now owns 625,000 shares of the company’s stock worth $3,600,000 after acquiring an additional 125,000 shares during the period. Finally, S Squared Technology LLC grew its holdings in shares of Commerce.com by 1,137.3% during the 1st quarter. S Squared Technology LLC now owns 618,662 shares of the company’s stock worth $3,563,000 after purchasing an additional 568,662 shares in the last quarter. Institutional investors own 79.21% of the company’s stock.
Commerce.com Company Profile
BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company’s platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.
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