CMRCNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Commerce.com, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$3.48+0.04 (+1.16%)
Close on Oct 19, 2026
- Market cap
- $288.11M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
74.0%
61M of 83M shares
Institutional holders
155
24 new, 14 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
1 buys · 3 sales
Net bought $267.76K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Lynrock Lake LP | 9,266,666 | 11.40% | 13G (passive) amendment | Dec 31, 2025 |
| Lynrock Lake Partners LLC | 7,977,487 | 9.90% | 13G (passive) amendment | Jun 30, 2025 |
| Senkypl Dusan | 7,176,109 | 8.70% | 13D (active) amendment | Sep 4, 2026 |
| Pale Fire Capital investicni spolecnost a.s. | 5,396,328 | 6.50% | 13D (active) | Aug 20, 2026 |
| Paul Cynthia | 5,188,398 | 6.60% | 13G (passive) | Dec 31, 2024 |
| Barclays PLC | 4,780,762 | 5.88% | 13G (passive) | Dec 31, 2025 |
| Vanguard Portfolio Management | 4,773,103 | 5.80% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 4,702,069 | 5.80% | 13G (passive) amendment | Sep 30, 2025 |
| Divisar Capital Management LLC | 4,390,325 | 5.50% | 13G (passive) | May 21, 2025 |
| Odre 2005 Sl | 4,000,000 | 5.18% | 13G (passive) | Jun 4, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CMRC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Lynrock Lake LP | 9,266,666 | 11.18% | $27.43M | – | 1.73% |
| BlackRock, Inc. | 5,520,205 | 6.66% | $16.34M | +757,150 | 0.00% |
| Vanguard Portfolio Management LLC | 4,724,240 | 5.70% | $13.98M | +162,224 | 0.00% |
| Divisar Capital Management LLC | 3,142,845 | 3.79% | $9.30M | −784,051 | 2.14% |
| Acadian Asset Management LLC | 3,116,400 | 3.76% | $9.22K | −2,285 | 0.01% |
| Pale Fire Capital SE | 3,054,890 | 3.69% | $9.04M | +102,796 | 0.64% |
| Vanguard Capital Management LLC | 3,039,302 | 3.67% | $9.00M | +192,655 | 0.00% |
| Aqr Capital Management LLC | 2,358,569 | 2.85% | $6.98M | +739,669 | 0.00% |
| Ameriprise Financial Inc | 1,930,519 | 2.33% | $5.71M | +224,494 | 0.00% |
| Geode Capital Management, LLC | 1,858,023 | 2.24% | $5.50M | +387,337 | 0.00% |
| S Squared Technology, LLC | 1,599,142 | 1.93% | $4.73M | – | 1.47% |
| State Street Corp | 1,437,291 | 1.73% | $4.25M | −1,572 | 0.00% |
| Connor, Clark & Lunn Investment Management Ltd. | 1,375,848 | 1.66% | $4.07M | +140,096 | 0.01% |
| Renaissance Technologies LLC | 1,237,800 | 1.49% | $3.66M | −14,300 | 0.01% |
| Monimus Capital Management, LP | 1,067,329 | 1.29% | $3.16M | −97,613 | 0.73% |
| Herald Investment Management Ltd | 1,060,000 | 1.28% | $3.14M | +360,000 | 0.43% |
| Commerce Bank | 1,000,000 | 1.21% | $2.96M | – | 0.01% |
| Marshall Wace, Llp | 910,392 | 1.10% | $2.69M | −116,543 | 0.00% |
| P.A.W. Capital Corp | 900,000 | 1.09% | $2.66M | +200,000 | 2.04% |
| Segall Bryant & Hamill, LLC | 824,473 | 1.00% | $2.44M | +477,612 | 0.03% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 155 | 61M | 74.0% | 24 / 66 | 39 / 14 | 6M | 4M |
| Q1 2026 | 148 | 59M | 71.6% | 30 / 53 | 44 / 47 | 19M | 8M |
| Q4 2025 | 168 | 56M | 67.2% | 34 / 63 | 48 / 21 | 5M | 4M |
| Q3 2025 | 155 | 55M | 66.3% | 27 / 54 | 49 / 35 | 5M | 7M |
| Q2 2025 | 163 | 56M | 68.0% | 27 / 46 | 68 / 38 | 10M | 9M |
| Q1 2025 | 175 | 56M | 67.1% | 32 / 56 | 57 / 31 | 10M | 10M |
| Q4 2024 | 177 | 57M | 68.6% | 44 / 55 | 48 / 24 | 10M | 11M |
| Q3 2024 | 157 | 58M | 70.5% | 34 / 41 | 49 / 28 | 13M | 12M |
| Q2 2024 | 153 | 63M | 75.6% | 30 / 58 | 38 / 41 | 7M | 19M |
| Q1 2024 | 168 | 75M | 91.0% | 32 / 38 | 60 / 24 | 11M | 3M |
| Q4 2023 | 161 | 68M | 81.7% | 28 / 41 | 66 / 26 | 16M | 5M |
| Q3 2023 | 161 | 56M | 68.0% | 22 / 53 | 57 / 13 | 6M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CMRC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2,174,813 | 2.62% | $6.44M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,924,476 | 2.32% | $5.70M | 0.01% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 1,773,349 | 2.14% | $5.55M | 0.00% | May 31, 2026 |
| Columbia Small Cap Value Discovery Fund | 1,353,270 | 1.63% | $4.24M | 0.17% | Jul 31, 2026 |
| Vanguard Explorer Fund | 1,097,342 | 1.32% | $3.43M | 0.02% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 819,436 | 0.99% | $2.56M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 794,780 | 0.96% | $2.35M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 713,595 | 0.86% | $2.11M | 0.01% | Jun 30, 2026 |
| Vanguard Market Neutral Fund | 474,654 | 0.57% | $1.40M | 0.24% | Jun 30, 2026 |
| Vanguard U.S. Value Factor ETF | 418,829 | 0.51% | $1.31M | 0.16% | May 31, 2026 |
| Principal U.S. Small-Cap ETF | 390,968 | 0.47% | $1.16M | 0.05% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 344,443 | 0.42% | $1.08M | 0.01% | May 31, 2026 |
| Vanguard Strategic Small-Cap Equity Fund | 325,766 | 0.39% | $964.27K | 0.03% | Jun 30, 2026 |
| Schwab U.S. Small-Cap ETF | 323,695 | 0.39% | $1.01M | 0.00% | May 31, 2026 |
| VIP Disciplined Small Cap Portfolio | 320,668 | 0.39% | $949.18K | 0.14% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher Travis Hess | Chief Exec Officer, Director | 883,471 | 1.07% | Aug 25, 2026 |
| Ellen F. Siminoff | Executive Chair, Director | 431,319 | 0.52% | Feb 19, 2026 |
| Charles D. Cassidy | General Counsel and Secretary | 165,043 | 0.20% | Sep 23, 2026 |
| Daniel Lentz | CFO & COO | 472,741 | 0.57% | Aug 26, 2026 |
| Hubert S. Ban | Chief Accounting Officer | 80,994 | 0.10% | Aug 25, 2026 |
| Robert Walter | Chief Revenue Officer | 24,722 | 0.03% | Feb 24, 2026 |
| Russell Scott Klein | Chief Commercial Officer | 542,081 | 0.65% | Sep 16, 2025 |
| Brian Singh Dhatt | Chief Technology Officer | 263,386 | 0.32% | Mar 25, 2025 |
| Donald E. Clarke | Director | 355,249 | 0.43% | Aug 17, 2026 |
| Sarah Gilligan | Director | 191,314 | 0.23% | Aug 17, 2026 |
| Anil Kamath | Director | 151,463 | 0.18% | Aug 17, 2026 |
| Satish Malhotra | Director | 181,999 | 0.22% | May 18, 2026 |
| Lawrence S. Bohn | Director | 54,700 | 0.07% | Jun 4, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Charles D. Cassidy General Counsel and Secretary | Sep 21, 2026 | Tax withholding | −281 | $3.33 | $936 | 165,043 |
| Daniel Lentz CFO & COO | Aug 24, 2026 | Sale(10b5-1 plan) | −797 | $2.22 | $1.77K | 472,741 |
| Christopher Travis Hess Chief Exec Officer, Director | Aug 21, 2026 | Tax withholding | −3,448 | $2.22 | $7.65K | 883,471 |
| Hubert S. Ban Chief Accounting Officer | Aug 21, 2026 | Tax withholding | −3,243 | $2.22 | $7.20K | 80,994 |
| Daniel Lentz CFO & COO | Aug 21, 2026 | Tax withholding | −1,724 | $2.22 | $3.83K | 473,538 |
| Charles D. Cassidy General Counsel and Secretary | Aug 21, 2026 | Tax withholding | −406 | $2.22 | $901 | 165,324 |
| Donald E. Clarke Director | Aug 13, 2026 | Award | +5,156 | – | – | 209,339 |
| Sarah Gilligan Director | Aug 13, 2026 | Award | +4,042 | – | – | 191,314 |
| Anil Kamath Director | Aug 13, 2026 | Award | +3,836 | – | – | 151,463 |
| Daniel Lentz CFO & COO | Jul 1, 2026 | Sale(10b5-1 plan) | −1,544 | $2.96 | $4.57K | 475,262 |
| Daniel Lentz CFO & COO | Jun 30, 2026 | Tax withholding | −3,339 | $2.96 | $9.88K | 476,806 |
| Christopher Travis Hess Chief Exec Officer, Director | Jun 3, 2026 | Tax withholding | −35,441 | $2.87 | $101.72K | 886,919 |
| Charles D. Cassidy General Counsel and Secretary | Jun 2, 2026 | Tax withholding | −1,463 | $3.18 | $4.65K | 165,730 |
| Daniel Lentz CFO & COO | May 26, 2026 | Sale(10b5-1 plan) | −6,840 | $2.91 | $19.90K | 480,145 |
| Christopher Travis Hess Chief Exec Officer, Director | May 21, 2026 | Tax withholding | −3,448 | $2.96 | $10.21K | 922,360 |
| Hubert S. Ban Chief Accounting Officer | May 21, 2026 | Tax withholding | −388 | $2.96 | $1.15K | 84,237 |
| Daniel Lentz CFO & COO | May 21, 2026 | Tax withholding | −1,724 | $2.96 | $5.10K | 486,985 |
| Charles D. Cassidy General Counsel and Secretary | May 21, 2026 | Tax withholding | −406 | $2.96 | $1.20K | 167,193 |
| Anil Kamath Director | May 14, 2026 | Award | +68,170 | – | – | 147,627 |
| Sarah Gilligan Director | May 14, 2026 | Award | +68,391 | – | – | 187,272 |
| Satish Malhotra Director | May 14, 2026 | Award | +64,063 | – | – | 181,999 |
| Donald E. Clarke Director | May 14, 2026 | Award | +69,584 | – | – | 204,183 |
| Hubert S. Ban Chief Accounting Officer | Mar 21, 2026 | Tax withholding | −599 | $2.67 | $1.60K | 84,625 |
| Charles D. Cassidy General Counsel and Secretary | Mar 21, 2026 | Tax withholding | −1,269 | $2.67 | $3.39K | 167,599 |
| Daniel Lentz CFO & COO | Mar 21, 2026 | Tax withholding | −13,074 | $2.67 | $34.91K | 488,709 |
| Daniel Lentz CFO & COO | Mar 3, 2026 | Award | +236,407 | – | – | 485,083 |
| Daniel Lentz CFO & COO | Mar 3, 2026 | Tax withholding | −13,477 | $2.96 | $39.89K | 501,783 |
| Daniel Lentz CFO & COO | Mar 3, 2026 | Award | +30,177 | – | – | 515,260 |
| Christopher Travis Hess Chief Exec Officer, Director | Mar 3, 2026 | Award | +413,712 | – | – | 900,236 |
| Christopher Travis Hess Chief Exec Officer, Director | Mar 3, 2026 | Award | +44,755 | – | – | 944,991 |
| Christopher Travis Hess Chief Exec Officer, Director | Mar 3, 2026 | Tax withholding | −19,183 | $2.96 | $56.78K | 925,808 |
| Hubert S. Ban Chief Accounting Officer | Mar 3, 2026 | Tax withholding | −2,541 | $2.96 | $7.52K | 85,224 |
| Hubert S. Ban Chief Accounting Officer | Mar 3, 2026 | Award | +6,164 | – | – | 87,765 |
| Hubert S. Ban Chief Accounting Officer | Mar 3, 2026 | Award | +30,733 | – | – | 81,601 |
| Charles D. Cassidy General Counsel and Secretary | Mar 3, 2026 | Tax withholding | −2,577 | $2.96 | $7.63K | 168,868 |
| Charles D. Cassidy General Counsel and Secretary | Mar 3, 2026 | Award | +8,685 | – | – | 171,445 |
| Charles D. Cassidy General Counsel and Secretary | Mar 3, 2026 | Award | +70,922 | – | – | 162,760 |
| Donald E. Clarke Director | Feb 25, 2026 | Award | +4,664 | – | – | 134,599 |
| Anil Kamath Director | Feb 25, 2026 | Award | +3,470 | – | – | 79,457 |
| Satish Malhotra Director | Feb 25, 2026 | Award | +3,731 | – | – | 117,936 |
| Sarah Gilligan Director | Feb 25, 2026 | Award | +3,656 | – | – | 118,881 |
| Daniel Lentz CFO & COO | Feb 21, 2026 | Tax withholding | −7,825 | $3.02 | $23.63K | 248,676 |
| Robert Walter Chief Revenue Officer | Feb 21, 2026 | Tax withholding | −2,278 | $3.02 | $6.88K | 24,722 |
| Christopher Travis Hess Chief Exec Officer, Director | Feb 21, 2026 | Tax withholding | −15,649 | $3.02 | $47.26K | 486,524 |
| Hubert S. Ban Chief Accounting Officer | Feb 21, 2026 | Tax withholding | −1,781 | $3.02 | $5.38K | 50,868 |
| Charles D. Cassidy General Counsel and Secretary | Feb 21, 2026 | Tax withholding | −1,975 | $3.02 | $5.96K | 91,838 |
| Ellen F. Siminoff Executive Chair, Director | Feb 17, 2026 | Buy | +100,000 | $2.94 | $294.00K | 353,333 |
| Satish Malhotra Director | Nov 13, 2025 | Award | +2,620 | – | – | 114,205 |
| Anil Kamath Director | Nov 13, 2025 | Award | +2,437 | – | – | 75,987 |
| Donald E. Clarke Director | Nov 13, 2025 | Award | +3,275 | – | – | 129,935 |
| Sarah Gilligan Director | Nov 13, 2025 | Award | +2,568 | – | – | 115,225 |
| Charles D. Cassidy General Counsel and Secretary | Sep 21, 2025 | Tax withholding | −405 | $5.03 | $2.04K | 93,813 |
| Russell Scott Klein Chief Commercial Officer | Sep 12, 2025 | Option exercise | +98,080 | $0.39 | $38.25K | 542,081 |
| Russell Scott Klein Chief Commercial Officer | Sep 12, 2025 | Sale | −98,080 | $4.59 | $450.19K | 444,001 |
| Hubert S. Ban Chief Accounting Officer | Aug 21, 2025 | Tax withholding | −2,846 | $4.54 | $12.92K | 52,649 |
| Sarah Gilligan Director | Aug 14, 2025 | Award | +2,485 | – | – | 112,657 |
| Donald E. Clarke Director | Aug 14, 2025 | Award | +3,169 | – | – | 126,660 |
| Satish Malhotra Director | Aug 14, 2025 | Award | +2,535 | – | – | 111,585 |
| Anil Kamath Director | Aug 14, 2025 | Award | +73,550 | – | – | 73,550 |
| Daniel Lentz Chief Financial Officer | Jun 30, 2025 | Tax withholding | −3,339 | $5.00 | $16.70K | 256,501 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Lentz Daniel Officer | Aug 24, 2026 | 797 | $1.77K | Aug 24, 2026 | Restricted Stock Units |
| Lentz Daniel Officer | Jul 1, 2026 | 1,544 | $4.57K | Jul 1, 2026 | Restricted Stock Units |
| Lentz Daniel Officer | May 26, 2026 | 6,840 | $20.38K | May 26, 2026 | Restricted Stock Units |
| S. Klein Russell Officer | Jan 30, 2026 | 29,640 | $91.31K | Jan 30, 2026 | Exercise of options under a registered plan |
| S. Klein Russell Officer | Jan 29, 2026 | 55,000 | $168.78K | Jan 29, 2026 | Exercise of options under a registered plan |
| S. Klein Russell Officer | Jan 28, 2026 | 20,954 | $65.72K | Jan 28, 2026 | Exercise of options under a registered plan |
| S. Klein Russell Officer | Jan 27, 2026 | 53,000 | $167.86K | Jan 27, 2026 | Exercise of options under a registered plan |
| S. Klein Russell Officer | Jan 21, 2026 | 108,800 | $364.50K | Jan 21, 2026 | Exercise of options under a registered plan |
| S. Klein Russell Officer | Jan 16, 2026 | 21,200 | $80.99K | Jan 16, 2026 | Exercise of options under a registered plan |
| Klein Russell Officer | Dec 30, 2025 | 57,508 | $235.05K | Dec 30, 2025 | Restricted Stock |
| S. Klein Russell Officer | Sep 12, 2025 | 98,080 | $450.17K | Sep 12, 2025 | Exercise of options under a registered plan |
| Singh Dhatt Brian Former Affiliate | Jul 25, 2025 | 49,475 | $254.08K | Jul 24, 2025 | Exercise of options under a registered plan |
| Singh Dhatt Brian Former Affiliate | Jul 24, 2025 | 17,362 | $89.58K | Jul 24, 2025 | Exercise of options under a registered plan |
| Cap V. Entrepreneurs Fd Lp Ggv Director | Aug 14, 2024 | 1,901 | $10.39K | Aug 14, 2024 | Private Acquisition from Issuer/Affiliate |
| Capital V. L.P Ggv Director | Aug 14, 2024 | 51,817 | $283.08K | Aug 14, 2024 | Private Acquisition from Issuer/Affiliate |