Insider Selling: EverQuote, Inc. (NASDAQ:EVER) General Counsel Sells $13,238.60 in Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $17.89, for a total transaction of $13,238.60. Following the transaction, the general counsel now owns 109,079 shares in the company, valued at $1,951,423.31. The trade was a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Julia Brncic also recently made the following trade(s):

• On Wednesday, October 2nd, Julia Brncic sold 818 shares of EverQuote stock. The stock was sold at an average price of $20.22, for a total value of $16,539.96.

EverQuote Price Performance

Shares of EVER opened at $19.15 on Friday. EverQuote, Inc. has a 1-year low of $8.44 and a 1-year high of $28.09. The stock has a market cap of $676.95 million, a PE ratio of 56.32 and a beta of 1.06. The firm has a fifty day moving average price of $19.64 and a 200 day moving average price of $21.69.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, November 4th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The business had revenue of $144.53 million for the quarter, compared to analysts’ expectations of $140.30 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The business’s revenue was up 162.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.40) earnings per share. As a group, equities analysts expect that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Institutional Investors Weigh In On EverQuote

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVER. Gladius Capital Management LP purchased a new position in shares of EverQuote during the third quarter worth approximately $26,000. Quarry LP grew its position in EverQuote by 215.5% during the 2nd quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after purchasing an additional 985 shares during the last quarter. nVerses Capital LLC purchased a new stake in shares of EverQuote in the second quarter valued at about $35,000. CWM LLC grew its holdings in shares of EverQuote by 133.2% during the second quarter. CWM LLC now owns 1,861 shares of the company’s stock worth $39,000 after buying an additional 1,063 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock valued at $74,000 after acquiring an additional 1,874 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EVER. Needham & Company LLC increased their price target on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. B. Riley decreased their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. JPMorgan Chase & Co. dropped their price target on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Finally, Craig Hallum increased their price objective on EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $28.50.

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.