Semrush (SEMR) – Investment Analysts’ Weekly Ratings Changes

Semrush (NASDAQ: SEMR) recently received a number of ratings updates from brokerages and research firms:

• 1/15/2025 – Semrush had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $18.00 price target on the stock.
• 1/14/2025 – Semrush was upgraded by analysts at Northland Capmk to a “strong-buy” rating.
• 1/14/2025 – Semrush is now covered by analysts at Northland Securities. They set an “outperform” rating and a $18.00 price target on the stock.
• 1/13/2025 – Semrush was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $20.00 price target on the stock, up previously from $17.00.

Semrush Trading Down 0.4 %

Shares of NASDAQ:SEMR opened at $16.36 on Tuesday. The stock has a market cap of $2.40 billion, a PE ratio of 204.54 and a beta of 1.62. Semrush Holdings, Inc. has a 1-year low of $9.64 and a 1-year high of $16.95. The stock’s fifty day simple moving average is $13.51 and its two-hundred day simple moving average is $13.71.

Semrush (NASDAQ:SEMR) last released its earnings results on Thursday, November 7th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The business had revenue of $97.41 million for the quarter, compared to the consensus estimate of $96.49 million. Semrush had a return on equity of 4.93% and a net margin of 3.29%. During the same quarter in the previous year, the firm earned $0.03 earnings per share. On average, sell-side analysts forecast that Semrush Holdings, Inc. will post 0.08 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Brian Mulroy sold 3,015 shares of Semrush stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $12.40, for a total value of $37,386.00. Following the completion of the sale, the chief financial officer now owns 430,196 shares of the company’s stock, valued at approximately $5,334,430.40. This trade represents a 0.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Oleg Shchegolev sold 6,859 shares of Semrush stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $11.71, for a total value of $80,318.89. Following the completion of the sale, the chief executive officer now directly owns 7,301,214 shares of the company’s stock, valued at approximately $85,497,215.94. This trade represents a 0.09 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 335,711 shares of company stock valued at $4,466,605. 57.83% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in Semrush by 0.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 386,991 shares of the company’s stock valued at $6,080,000 after buying an additional 3,244 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Semrush by 28.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,777 shares of the company’s stock valued at $225,000 after buying an additional 3,706 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Semrush during the second quarter worth about $123,000. DRW Securities LLC purchased a new position in shares of Semrush during the third quarter worth about $157,000. Finally, Virtu Financial LLC purchased a new position in shares of Semrush during the third quarter worth about $158,000. Hedge funds and other institutional investors own 32.86% of the company’s stock.

Semrush Holdings, Inc develops an online visibility management software-as-a-service platform in the United States, the United Kingdom, and internationally. The company enables companies to identify and reach the right audience for their content through the right channels. Its platform enables the company's customers to understand trends and act upon insights to enhance the online visibility, and drive traffic to their websites and social media pages, as well as online listings, distribute targeted content to their customers, and measure the digital marketing campaigns.