EverQuote, Inc. (NASDAQ:EVER – Get Free Report) Director David B. Blundin sold 23,362 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of $21.88, for a total transaction of $511,160.56. Following the transaction, the director now owns 511,696 shares of the company’s stock, valued at approximately $11,195,908.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
EverQuote Stock Down 1.8 %
EVER traded down $0.39 during trading on Monday, hitting $21.36. The company had a trading volume of 522,430 shares, compared to its average volume of 382,118. The firm’s 50-day moving average price is $18.30 and its 200 day moving average price is $13.60. The company has a market capitalization of $731.15 million, a PE ratio of -14.12 and a beta of 0.85. EverQuote, Inc. has a one year low of $5.36 and a one year high of $22.27.
EverQuote (NASDAQ:EVER – Get Free Report) last issued its quarterly earnings results on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.12. The company had revenue of $55.71 million during the quarter, compared to analysts’ expectations of $49.89 million. EverQuote had a negative net margin of 17.81% and a negative return on equity of 34.38%. Sell-side analysts forecast that EverQuote, Inc. will post -0.36 earnings per share for the current year.
Hedge Funds Weigh In On EverQuote
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on EVER. JPMorgan Chase & Co. boosted their price target on shares of EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, February 27th. Needham & Company LLC boosted their target price on EverQuote from $15.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Finally, B. Riley started coverage on EverQuote in a report on Friday, April 19th. They issued a “buy” rating and a $24.00 price target for the company. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $20.60.
View Our Latest Stock Report on EverQuote
About EverQuote
EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, and life insurance. The company serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc, and changed its name to EverQuote, Inc in November 2014.
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