183,508 Shares in EverQuote, Inc. (NASDAQ:EVER) Purchased by Boston Partners

Boston Partners acquired a new position in shares of EverQuote, Inc. (NASDAQ:EVER) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 183,508 shares of the company’s stock, valued at approximately $3,668,000. Boston Partners owned approximately 0.52% of EverQuote as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EVER. Intech Investment Management LLC acquired a new position in shares of EverQuote during the fourth quarter worth $236,000. Counterpoint Mutual Funds LLC raised its holdings in shares of EverQuote by 74.3% during the fourth quarter. Counterpoint Mutual Funds LLC now owns 38,053 shares of the company’s stock worth $761,000 after purchasing an additional 16,217 shares during the last quarter. Monimus Capital Management LP acquired a new position in EverQuote during the fourth quarter valued at $2,140,000. Commonwealth Equity Services LLC purchased a new stake in EverQuote in the fourth quarter valued at $384,000. Finally, Swiss National Bank grew its position in EverQuote by 15.6% during the 4th quarter. Swiss National Bank now owns 52,600 shares of the company’s stock worth $1,051,000 after purchasing an additional 7,100 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jayme Mendal sold 65,117 shares of EverQuote stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $28.07, for a total value of $1,827,834.19. Following the sale, the chief executive officer now directly owns 619,156 shares of the company’s stock, valued at $17,379,708.92. The trade was a 9.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO David Brainard sold 29,248 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $19.93, for a total value of $582,912.64. Following the completion of the transaction, the chief technology officer now directly owns 116,212 shares of the company’s stock, valued at approximately $2,316,105.16. This represents a 20.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 122,428 shares of company stock worth $3,045,162. Insiders own 29.79% of the company’s stock.

Wall Street Analyst Weigh In

EVER has been the subject of several analyst 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 report on Thursday, December 26th. Canaccord Genuity Group decreased their price target on EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a report on Monday, February 24th. Needham & Company LLC raised their price objective on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $32.33.

EverQuote Price Performance

Shares of EVER stock opened at $28.71 on Friday. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $29.07. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 84.44 and a beta of 1.01. The stock has a 50 day simple moving average of $22.60 and a 200-day simple moving average of $20.60.

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

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.