SEMrush Holdings Inc’s recently made public that its Chief Financial Officer Mulroy Brian unloaded Company’s shares for reported $37386.0 on Jan 13 ’25. In the deal valued at $12.40 per share,3,015 shares were sold. As a result of this transaction, Mulroy Brian now holds 430,196 shares worth roughly $5.45 million.
Then, Warden Andrew sold 8,462 shares, generating $99,090 in total proceeds. Upon selling the shares at $11.71, the Chief Marketing Officer now owns 276,656 shares.
Before that, Melnikov Dmitry sold 1,435 shares. SEMrush Holdings Inc shares valued at $16,761 were divested by the Director at a price of $11.68 per share. As a result of the transaction, Melnikov Dmitry now holds 1,701,155 shares, worth roughly $21.54 million.
Morgan Stanley upgraded its SEMrush Holdings Inc [SEMR] rating to an Overweight from a an Equal-weight in a research note published on January 13, 2025; the price target was increased to $20 from $17. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in late March with a ‘”an Overweight”‘ rating. Piper Sandler revised its rating on January 09, 2024. It rated SEMR as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of SEMR
On Monday, SEMrush Holdings Inc [NYSE:SEMR] saw its stock jump 10.09% to $12.66. Over the last five days, the stock has gained 7.20%. SEMrush Holdings Inc shares have risen nearly 6.57% since the year began. Nevertheless, the stocks have risen 1.36% over the past one year. While a 52-week high of $16.42 was reached on 01/13/25, a 52-week low of $9.64 was recorded on 01/02/25. SMA at 50 days reached $13.20, while 200 days put it at $13.68.
Levels Of Support And Resistance For SEMR Stock
The 24-hour chart illustrates a support level at 12.02, which if violated will result in even more drops to 11.37. On the upside, there is a resistance level at 13.01. A further resistance level may holdings at 13.35. The Relative Strength Index (RSI) on the 14-day chart is 51.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.78%. Stochastics %K at 41.64% indicates the stock is a holding.
How much short interest is there in SEMrush Holdings Inc?
A steep rise in short interest was recorded in SEMrush Holdings Inc stocks on 2024-12-31, growing by 0.14 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.14 million shares. There was a rise of 10.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 20, 2023 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $10.50 price target.
