Matthew David Feierstein, the president of EverCommerce Inc. (NASDAQ:EVCM), sold 29,920 shares of common stock over a three-day period in early February 2026, generating total proceeds of $338,477. The disposals took place on February 2, 3 and 4 and were carried out under a previously arranged Rule 10b5-1 trading plan put in place on August 20, 2025.
The sales were executed in several tranches at varying prices. On February 2, Feierstein sold 10,000 shares at a weighted average price of $12.0587. On February 3 he completed two separate transactions - one for 9,280 shares at an average price of $10.9391, and another for 720 shares at an average price of $11.6502. The final recorded sale on February 4 was for 10,000 shares at a weighted average price of $10.7988.
After these transactions, Feierstein directly holds 2,035,919 shares of EverCommerce common stock and additionally has indirect ownership of 150,000 shares through a family trust.
Company results and analyst moves
In separate company disclosures, EverCommerce reported third-quarter 2025 revenue of $147.5 million, narrowly missing the analysts' consensus of $147.9 million. The reported revenue represents a 5% year-over-year increase, a deceleration from the 7% growth pace recorded in the prior quarter. The company has highlighted AI-driven solutions as a strategic priority.
Analyst responses to EverCommerce’s results and outlook have been mixed. Citizens retained its rating on the company. By contrast, RBC Capital downgraded EverCommerce from Outperform to Sector Perform, stating that the stock is now fairly valued and that risk and reward are balanced.
Related coverage of peers in the small- and medium-sized business software space also reflected heightened analyst caution. Raymond James downgraded Weave Communications Inc. from Strong Buy to Outperform and lowered its price target for that stock to $10.00 from $12.00, citing concerns about the timing of anticipated growth catalysts and an uncertain environment in the SMB software market.
What happened - concise recap
- Matthew David Feierstein sold 29,920 EverCommerce shares between February 2-4, 2026, for total proceeds of $338,477.
- Sales prices ranged from $10.7988 to $12.0587 across multiple transactions.
- Transactions were executed under a Rule 10b5-1 plan established August 20, 2025.
- Post-sale, Feierstein directly owns 2,035,919 shares and indirectly holds 150,000 shares via a family trust.
- EverCommerce reported Q3 2025 revenue of $147.5 million, a slight miss versus $147.9 million estimates, with 5% year-over-year growth.
- RBC Capital downgraded EverCommerce to Sector Perform; Citizens maintained its rating. Raymond James downgraded Weave Communications and cut its price target.
The facts above are drawn from filings and company disclosures detailing insider activity and recent quarterly results. The trading plan designation indicates the sales were conducted pursuant to an established plan rather than ad hoc transactions.