Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating on EngageSmart (ESMT – Research Report) today. The company’s shares closed yesterday at $20.16.
According to TipRanks, Van Rhee is a 5-star analyst with an average return of 13.1% and a 50.80% success rate. Van Rhee covers the Technology sector, focusing on stocks such as Asure, Cellebrite DI, and Rimini Street.
Currently, the analyst consensus on EngageSmart is a Moderate Buy with an average price target of $23.33.
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The company has a one-year high of $21.84 and a one-year low of $15.01. Currently, EngageSmart has an average volume of 553.8K.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ESMT in relation to earlier this year. Most recently, in August 2023, Seltzer Jonathan Cole, the President of ESMT sold 15,000.00 shares for a total of $254,100.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
EngageSmart (ESMT) Company Description:
Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers’ engagement with clients by driving digital adoption and self-service.
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