EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 740 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $22.22, for a total value of $16,442.80. Following the completion of the transaction, the general counsel now owns 142,496 shares of the company’s stock, valued at approximately $3,166,261.12. The trade was a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

EverQuote Stock Performance

Shares of EVER stock opened at $22.54 on Thursday. The company has a market capitalization of $796.79 million, a price-to-earnings ratio of 66.29 and a beta of 0.96. EverQuote, Inc. has a one year low of $14.28 and a one year high of $28.09. The company’s 50-day moving average is $19.55 and its 200 day moving average is $20.17.

Wall Street Analyst Weigh In

EVER has been the subject of several recent research reports. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research report on Thursday, December 26th. JPMorgan Chase & Co. dropped their price objective on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Finally, B. Riley decreased their target price on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $31.67.

Institutional Investors Weigh In On EverQuote

Institutional investors and hedge funds have recently made changes to their positions in the company. Warm Springs Advisors Inc. purchased a new stake in EverQuote during the 4th quarter valued at $1,499,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of EverQuote by 34.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,500 shares of the company’s stock valued at $950,000 after purchasing an additional 12,118 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of EverQuote by 47.2% during the fourth quarter. Squarepoint Ops LLC now owns 371,595 shares of the company’s stock valued at $7,428,000 after buying an additional 119,189 shares during the last quarter. Two Sigma Advisers LP increased its holdings in EverQuote by 59.7% in the 4th quarter. Two Sigma Advisers LP now owns 52,700 shares of the company’s stock worth $1,053,000 after buying an additional 19,700 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in EverQuote by 258.2% in the 4th quarter. Two Sigma Investments LP now owns 177,843 shares of the company’s stock worth $3,555,000 after buying an additional 128,194 shares during the last quarter. Institutional investors own 91.54% of the company’s stock.

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.