SEMrush Holdings Inc’s recently made public that its President Levin Eugenie unloaded Company’s shares for reported $0.26 million on Feb 03 ’25. In the deal valued at $17.11 per share,15,093 shares were sold. As a result of this transaction, Levin Eugenie now holds 493,456 shares worth roughly $8.63 million.
Then, Levin Eugenie sold 1,147 shares, generating $20,072 in total proceeds. Upon selling the shares at $17.50, the President now owns 492,309 shares.
Before that, Mason David W sold 1,875 shares. SEMrush Holdings Inc shares valued at $32,156 were divested by the General Counsel at a price of $17.15 per share. As a result of the transaction, Mason David W now holds 158,415 shares, worth roughly $2.77 million.
Northland Capital initiated its SEMrush Holdings Inc [SEMR] rating to an Outperform in a research note published on January 14, 2025; the price target was $18. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid January from “an Equal-weight” to “an Overweight”. KeyBanc Capital Markets began covering SEMR with “an Overweight” recommendation on March 21, 2024.
Price Performance Review of SEMR
On Tuesday, SEMrush Holdings Inc [NYSE:SEMR] saw its stock jump 0.58% to $17.48. Over the last five days, the stock has lost -0.06%. SEMrush Holdings Inc shares have risen nearly 47.14% since the year began. Nevertheless, the stocks have risen 51.34% over the past one year. While a 52-week high of $17.95 was reached on 01/29/25, a 52-week low of $9.64 was recorded on 01/02/25. SMA at 50 days reached $14.02, while 200 days put it at $13.94.
Levels Of Support And Resistance For SEMR Stock
The 24-hour chart illustrates a support level at 17.22, which if violated will result in even more drops to 16.97. On the upside, there is a resistance level at 17.63. A further resistance level may holdings at 17.79. The Relative Strength Index (RSI) on the 14-day chart is 75.52, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.59%. Stochastics %K at 90.18% indicates the stock is a selling.
How much short interest is there in SEMrush Holdings Inc?
A steep rise in short interest was recorded in SEMrush Holdings Inc stocks on 2025-01-15, growing by 0.32 million shares to a total of 1.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.09 million shares. There was a rise of 22.82%, which implies that there is a positive sentiment for the stock.
