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

Shares of Semrush Holdings, Inc. (NASDAQ:SEMR) have been given an average recommendation of “Hold” by the seven analysts that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $12.00.

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

Semrush Stock Up 0.0%

SEMR stock opened at $11.90 on Thursday. Semrush has a twelve month low of $6.56 and a twelve month high of $18.74. The company has a market cap of $1.77 billion, a P/E ratio of 148.71 and a beta of 1.55. The business has a fifty day moving average of $10.83 and a 200-day moving average of $8.98.

Insider Transactions at Semrush

In other Semrush news, 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 owned 382,953 shares of the company’s stock, valued at approximately $4,541,822.58. This represents a 6.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brian Mulroy sold 100,078 shares of the business’s stock in a transaction dated 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 owned 1,019,517 shares of the company’s stock, valued at $12,091,471.62. The trade was a 8.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 324,357 shares of company stock valued at $3,843,008 in the last quarter. 55.61% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Semrush

Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in Semrush by 129.2% in the first quarter. Goldman Sachs Group Inc. now owns 674,396 shares of the company’s stock valued at $6,292,000 after buying an additional 380,165 shares in the last quarter. Ceera Investments LLC raised its holdings in shares of Semrush by 35.5% during the second quarter. Ceera Investments LLC now owns 330,195 shares of the company’s stock worth $2,988,000 after acquiring an additional 86,590 shares during the period. Geode Capital Management LLC lifted its position in Semrush by 13.2% in the 2nd quarter. Geode Capital Management LLC now owns 932,874 shares of the company’s stock valued at $8,443,000 after acquiring an additional 108,750 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in Semrush by 64.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 222,566 shares of the company’s stock worth $2,014,000 after purchasing an additional 87,395 shares during the period. Finally, ANTIPODES PARTNERS Ltd increased its holdings in Semrush by 898.5% during the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 426,215 shares of the company’s stock worth $3,858,000 after purchasing an additional 383,529 shares in the last quarter. Institutional investors own 32.86% of the company’s stock.

Semrush Company 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.