Semrush Holdings, Inc. (NASDAQ:SEMR) Given Consensus Recommendation of “Hold” by Analysts

Semrush Holdings, Inc. (NASDAQ:SEMR) has been given an average recommendation of “Hold” by the seven analysts that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $12.00.

Several analysts have recently commented on the stock. Needham & Company LLC restated a “hold” rating on shares of Semrush in a research report on Wednesday, November 19th. KeyCorp reiterated a “sector weight” rating on shares of Semrush in a research note on Wednesday, November 19th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $12.00 price target (up from $10.00) on shares of Semrush in a report on Thursday, November 20th.

Insider Activity at Semrush

In related news, CFO Brian Mulroy sold 100,078 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $11.86, for a total value of $1,186,925.08. Following the transaction, the chief financial officer directly owned 1,019,517 shares of the company’s stock, valued at approximately $12,091,471.62. The trade was a 8.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Andrew Warden sold 26,765 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $11.86, for a total value of $317,432.90. Following the completion of the transaction, the chief marketing officer owned 382,953 shares of the company’s stock, valued at $4,541,822.58. The trade was a 6.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 322,958 shares of company stock worth $3,826,360 in the last three months. 55.61% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Semrush

Institutional investors have recently bought and sold shares of the stock. Amundi lifted its stake in Semrush by 29.3% in the 1st quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after purchasing an additional 1,108 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Semrush by 96.4% during the second quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock valued at $50,000 after purchasing an additional 2,700 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Semrush during the third quarter valued at about $41,000. Tower Research Capital LLC TRC increased its holdings in shares of Semrush by 56.1% in the second quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock worth $57,000 after purchasing an additional 2,259 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Semrush in the second quarter worth about $93,000. 32.86% of the stock is owned by hedge funds and other institutional investors.

Semrush Trading Down 0.4%

NASDAQ SEMR opened at $11.90 on Thursday. Semrush has a 12 month low of $6.56 and a 12 month high of $18.74. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 148.71 and a beta of 1.55. The company’s 50 day moving average is $10.55 and its two-hundred day moving average is $8.92.

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.