Federated Hermes Inc. Decreases Stock Holdings in Semrush Holdings, Inc. $SEMR

Federated Hermes Inc. cut its stake in Semrush Holdings, Inc. (NASDAQ:SEMR) by 51.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,181 shares of the company’s stock after selling 67,843 shares during the period. Federated Hermes Inc.’s holdings in Semrush were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Amundi lifted its position in Semrush by 29.3% during the first quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after buying an additional 1,108 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Semrush by 96.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 5,500 shares of the company’s stock worth $50,000 after acquiring an additional 2,700 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Semrush during the 3rd quarter worth $41,000. Tower Research Capital LLC TRC boosted its position in shares of Semrush by 56.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,284 shares of the company’s stock valued at $57,000 after acquiring an additional 2,259 shares during the last quarter. Finally, R Squared Ltd acquired a new position in shares of Semrush during the 2nd quarter valued at about $93,000. Institutional investors and hedge funds own 32.86% of the company’s stock.

Semrush Stock Performance

Semrush stock opened at $11.82 on Friday. The company has a market capitalization of $1.76 billion, a PE ratio of 147.71 and a beta of 1.55. Semrush Holdings, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $18.74. The firm has a 50 day moving average price of $11.88 and a 200 day moving average price of $9.36.

Analyst Ratings Changes

A number of equities analysts have commented on SEMR shares. KeyCorp reaffirmed a “sector weight” rating on shares of Semrush in a research note on Wednesday, November 19th. Needham & Company LLC restated a “hold” rating on shares of Semrush in a report on Wednesday, November 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $12.00 price target (up previously from $10.00) on shares of Semrush in a research report on Thursday, November 20th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Semrush currently has an average rating of “Hold” and an average price target of $10.80.

Insiders Place Their Bets

In related news, CFO Brian Mulroy sold 100,078 shares of the business’s stock in a transaction 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 sale, the chief financial officer owned 1,019,517 shares in the company, valued at approximately $12,091,471.62. The trade was a 8.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $317,432.90. Following the transaction, the chief marketing officer directly owned 382,953 shares in the company, valued at approximately $4,541,822.58. The trade was a 6.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 324,357 shares of company stock valued at $3,843,008 over the last ninety days. Insiders own 55.61% of the company’s stock.

Semrush Profile

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.