Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SEMrush Holdings Inc shares valued at $469,152 were sold by Levin Eugenie on Jan 21 ’25. At $16.29 per share, Levin Eugenie sold 28,800 shares. The insider’s holdings dropped to 508,549 shares worth approximately $8.0 million following the completion of this transaction.
Also, Levin Eugenie sold 43,200 shares, netting a total of over 664,848 in proceeds. Following the sale of shares at $15.39 each, the insider now holds 537,349 shares.
Before that, EUGENE LEVIN had added 28,800 shares to its account. In a trade valued at $451,008, the Officer bought SEMrush Holdings Inc shares for $15.66 each.
As published in their initiating research note from Northland Capital on January 14, 2025, SEMrush Holdings Inc [SEMR] has been an Outperform and the price target has been revised to $18. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid January. As of March 21, 2024, KeyBanc Capital Markets has initiated its “an Overweight” rating for SEMR.
Analyzing SEMR Stock Performance
During the last five days, there has been a surge of approximately 18.08%. Over the course of the year, SEMrush Holdings Inc shares have jumped approximately 32.49%. Shares of the company reached a 52-week high of $16.95 on 01/22/25 and a 52-week low of $11.39 on 01/02/25. A 50-day SMA is recorded $13.42, while a 200-day SMA reached $13.74. Nevertheless, trading volume fell to 1.34 million shares from 1.04 million shares the previous day.
Support And Resistance Levels for SEMrush Holdings Inc (SEMR)
According to the 24-hour chart, there is a support level at 15.25, which, if violated, would cause prices to drop to 14.76. In the upper region, resistance lies at 16.59. The next price resistance is at 17.44. RSI (Relative Strength Index) is 69.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.66, which suggests the price will increase in the coming days. Percent R is at 21.76%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
