Insider Selling: Semrush (NASDAQ:SEMR) CMO Sells $317,432.90 in Stock

Semrush Holdings, Inc. (NASDAQ:SEMR) CMO Andrew Warden sold 26,765 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $11.86, for a total transaction of $317,432.90. Following the completion of the sale, the chief marketing officer directly owned 382,953 shares in the company, valued at approximately $4,541,822.58. This trade represents a 6.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Andrew Warden also recently made the following trade(s):

• On Monday, December 8th, Andrew Warden sold 196,115 shares of Semrush stock. The shares were sold at an average price of $11.84, for a total transaction of $2,322,001.60.

Semrush Trading Up 0.0%

Shares of NASDAQ:SEMR opened at $11.87 on Friday. The firm’s 50 day moving average is $9.40 and its two-hundred day moving average is $8.72. The firm has a market capitalization of $1.77 billion, a P/E ratio of 148.33 and a beta of 1.55. Semrush Holdings, Inc. has a 52 week low of $6.56 and a 52 week high of $18.74.

Institutional Trading of Semrush

Institutional investors have recently modified their holdings of the company. Amundi boosted its stake in Semrush by 29.3% during the first quarter. Amundi now owns 4,890 shares of the company’s stock valued at $44,000 after buying an additional 1,108 shares in the last quarter. Martingale Asset Management L P lifted its holdings in Semrush by 2.4% in the 1st quarter. Martingale Asset Management L P now owns 54,352 shares of the company’s stock valued at $507,000 after acquiring an additional 1,268 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Semrush by 6.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,082 shares of the company’s stock valued at $206,000 after purchasing an additional 1,310 shares in the last quarter. Petrus Trust Company LTA boosted its position in shares of Semrush by 4.6% during the 1st quarter. Petrus Trust Company LTA now owns 31,043 shares of the company’s stock valued at $290,000 after purchasing an additional 1,368 shares in the last quarter. Finally, Algert Global LLC grew its stake in shares of Semrush by 1.2% in the 1st quarter. Algert Global LLC now owns 149,481 shares of the company’s stock worth $1,395,000 after purchasing an additional 1,840 shares during the last quarter. Institutional investors and hedge funds own 32.86% of the company’s stock.

Wall Street Analyst Weigh In

SEMR has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Semrush in a research note on Wednesday, November 19th. KeyCorp restated a “sector weight” rating on shares of Semrush in a research note on Wednesday, November 19th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $12.00 target price (up previously from $10.00) on shares of Semrush in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $12.00.

About Semrush

Semrush is a global software-as-a-service (SaaS) company that provides a comprehensive digital marketing platform for search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing and competitive research. The platform offers tools for keyword research, site auditing, backlink analysis and rank tracking, enabling marketing professionals to develop and refine their online visibility strategies. Semrush is publicly traded under the ticker SEMR and is headquartered in Boston with additional offices and development centers across North America, Europe and Asia.

The Semrush platform is organized into specialized toolkits covering SEO, content marketing, competitive intelligence, social media management and advertising research.