EverQuote, Inc. (NASDAQ:EVER) General Counsel Sells $15,325.92 in Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 696 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $22.02, for a total value of $15,325.92. Following the transaction, the general counsel now owns 140,692 shares of the company’s stock, valued at approximately $3,098,037.84. The trade was a 0.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, February 19th, Julia Brncic sold 740 shares of EverQuote stock. The stock was sold at an average price of $22.22, for a total value of $16,442.80.

EverQuote Stock Up 0.5 %

Shares of EVER stock opened at $25.74 on Thursday. The firm has a market cap of $909.93 million, a price-to-earnings ratio of 75.71 and a beta of 0.96. EverQuote, Inc. has a 52-week low of $14.28 and a 52-week high of $28.09. The company’s 50 day moving average is $20.08 and its 200 day moving average is $20.13.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The firm had revenue of $147.46 million during the quarter, compared to analyst estimates of $133.83 million. Analysts anticipate that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Institutional Trading of EverQuote

A number of institutional investors have recently modified their holdings of EVER. Gladius Capital Management LP purchased a new stake in EverQuote during the third quarter valued at approximately $26,000. R Squared Ltd acquired a new position in shares of EverQuote during the fourth quarter worth $34,000. Quarry LP increased its position in shares of EverQuote by 100.7% during the third quarter. Quarry LP now owns 2,894 shares of the company’s stock worth $61,000 after purchasing an additional 1,452 shares in the last quarter. Quantbot Technologies LP lifted its holdings in shares of EverQuote by 115.1% during the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock valued at $74,000 after purchasing an additional 1,874 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new position in EverQuote during the 4th quarter worth $90,000. 91.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Canaccord Genuity Group reduced their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a research report on Thursday, December 26th. JPMorgan Chase & Co. boosted their price target on EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a report on Tuesday. B. Riley reduced their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Needham & Company LLC upped their target price on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $32.33.

EverQuote Company Profile

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.