SEMrush (NYSE:SEMR) Sets New 1-Year High – Time to Buy?

SEMrush Holdings, Inc. (NYSE:SEMR) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.01 and last traded at $12.0050, with a volume of 1340418 shares changing hands. The stock had previously closed at $11.98.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of SEMrush in a report on Monday. Seven analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $10.80.

SEMrush Price Performance

The company’s 50 day moving average price is $11.91 and its two-hundred day moving average price is $10.87. The stock has a market capitalization of $1.81 billion, a PE ratio of -108.95 and a beta of 1.50.

Insider Activity

In other news, CTO Oleg Shchegolev sold 200,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $11.93, for a total value of $2,386,000.00. Following the transaction, the chief technology officer directly owned 7,174,188 shares of the company’s stock, valued at approximately $85,588,062.84. This trade represents a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, President Eugenie Levin sold 404,249 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $11.91, for a total transaction of $4,814,605.59. Following the completion of the transaction, the president directly owned 580,712 shares in the company, valued at approximately $6,916,279.92. This represents a 41.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 55.61% of the company’s stock.

Hedge Funds Weigh In On SEMrush

Several hedge funds and other institutional investors have recently modified their holdings of SEMR. Amundi raised 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 purchasing an additional 1,108 shares during the period. AQR Capital Management LLC raised its stake in SEMrush by 102.6% during the first quarter. AQR Capital Management LLC now owns 301,638 shares of the company’s stock worth $2,814,000 after purchasing an additional 152,776 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in SEMrush by 6.3% during the first 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. Millennium Management LLC raised its stake in SEMrush by 4.9% during the first quarter. Millennium Management LLC now owns 1,306,684 shares of the company’s stock worth $12,191,000 after purchasing an additional 60,575 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in SEMrush by 129.2% during the first quarter. Goldman Sachs Group Inc. now owns 674,396 shares of the company’s stock worth $6,292,000 after purchasing an additional 380,165 shares during the period. 32.86% of the stock is owned by hedge funds and other institutional investors.

SEMrush Company Profile

SEMrush is a software-as-a-service (SaaS) provider specializing in online visibility management and digital marketing analytics. Its cloud-based platform offers tools for search engine optimization (SEO), pay-per-click (PPC) advertising research, content marketing, social media management, and competitive intelligence. By aggregating data across search engines, advertising networks, and social platforms, the company enables marketers to track keyword rankings, audit websites, analyze backlink profiles, and uncover competitor strategies.

The company’s flagship offering, the SEMrush toolkit, includes modules for keyword research, site auditing, position tracking, backlink analysis, and content optimization.