SemrushSEMR
About: SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.
Employees: 1,390
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
13% more capital invested
Capital invested by funds: $841M [Q2] → $949M (+$108M) [Q3]
3% more funds holding
Funds holding: 145 [Q2] → 149 (+4) [Q3]
8% less call options, than puts
Call options by funds: $544K | Put options by funds: $591K
2.56% less ownership
Funds ownership: 51.56% [Q2] → 48.99% (-2.56%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Needham Scott Berg 62% 1-year accuracy 93 / 149 met price target | 48%upside $18 | Buy Reiterated | 11 Nov 2024 |
Goldman Sachs Christopher Merwin 0 / 0 met price target | 31%upside $16 | Neutral Maintained | 7 Oct 2024 |
JP Morgan Mark Murphy 63% 1-year accuracy 29 / 46 met price target | 39%upside $17 | Overweight Maintained | 2 Oct 2024 |
Keybanc Jason Ader 48% 1-year accuracy 13 / 27 met price target | 72%upside $21 | Overweight Maintained | 2 Oct 2024 |