Semrush (NASDAQ:SEMR) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

Shares of Semrush Holdings, Inc. (NASDAQ:SEMRGet Free Report) saw an uptick in trading volume on Wednesday . 2,174,766 shares were traded during trading, an increase of 104% from the previous session’s volume of 1,068,570 shares.The stock last traded at $11.9050 and had previously closed at $11.94.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $12.00 target price (up previously from $10.00) on shares of Semrush in a report on Thursday, November 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Semrush in a research note on Wednesday, November 19th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Semrush in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $12.00.

Check Out Our Latest Stock Report on Semrush

Semrush Stock Performance

The firm has a fifty day simple moving average of $10.46 and a two-hundred day simple moving average of $8.90. The firm has a market cap of $1.78 billion, a PE ratio of 148.83 and a beta of 1.55.

Insider Buying and Selling at Semrush

In other Semrush news, CMO Andrew Warden sold 26,765 shares of Semrush stock in a transaction on Monday, December 15th. The shares were 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 directly owned 382,953 shares of the company’s stock, valued at $4,541,822.58. This trade represents a 6.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction of $1,186,925.08. Following the completion of the sale, the chief financial officer owned 1,019,517 shares in the company, valued at approximately $12,091,471.62. This trade represents a 8.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 322,958 shares of company stock worth $3,826,360 in the last 90 days. 55.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amundi increased its stake in Semrush by 29.3% during the first quarter. Amundi now owns 4,890 shares of the company’s stock worth $44,000 after acquiring an additional 1,108 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Semrush by 6.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,082 shares of the company’s stock worth $206,000 after purchasing an additional 1,310 shares during the period. Petrus Trust Company LTA increased 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 during the last quarter. Polymer Capital Management US LLC raised its holdings in Semrush by 17.8% during the 3rd quarter. Polymer Capital Management US LLC now owns 14,927 shares of the company’s stock valued at $106,000 after buying an additional 2,255 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in 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 buying an additional 2,259 shares during the last quarter. Hedge funds and other institutional investors own 32.86% of the company’s stock.

About Semrush

(Get Free Report)

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.

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