Connor Clark & Lunn Investment Management Ltd. Has $4.08 Million Holdings in EverQuote, Inc. $EVER

Connor Clark & Lunn Investment Management Ltd. decreased its holdings in shares of EverQuote, Inc. (NASDAQ:EVER) by 23.1% in the 2nd quarter, Holdings Channel reports. The fund owned 168,584 shares of the company’s stock after selling 50,604 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in EverQuote were worth $4,076,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EVER. Savant Capital LLC bought a new stake in shares of EverQuote during the 2nd quarter valued at approximately $409,000. Horizon Investment Services LLC acquired a new stake in EverQuote in the second quarter valued at approximately $998,000. Sigma Planning Corp grew its stake in shares of EverQuote by 212.5% during the second quarter. Sigma Planning Corp now owns 34,517 shares of the company’s stock worth $835,000 after buying an additional 23,472 shares during the last quarter. Wakefield Asset Management LLLP acquired a new position in shares of EverQuote during the second quarter worth $965,000. Finally, Emerald Mutual Fund Advisers Trust lifted its stake in shares of EverQuote by 13.4% in the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 362,967 shares of the company’s stock valued at $8,777,000 after acquiring an additional 42,870 shares during the last quarter. Institutional investors own 91.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EVER shares. JPMorgan Chase & Co. boosted their price objective on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Zacks Research raised EverQuote from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of EverQuote in a report on Wednesday, October 8th. Finally, Needham & Company LLC lifted their target price on shares of EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $33.75.

EverQuote Trading Down 1.9%

Shares of EVER stock opened at $25.22 on Friday. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03. The stock has a market cap of $920.78 million, a price-to-earnings ratio of 17.64 and a beta of 0.53. The stock has a 50-day moving average of $22.71 and a 200-day moving average of $23.67.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, November 3rd. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. The business had revenue of $173.94 million for the quarter, compared to analysts’ expectations of $166.09 million. EverQuote had a return on equity of 38.19% and a net margin of 8.36%.The firm’s revenue was up 20.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 earnings per share. EverQuote has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Insider Activity

In other news, CTO David Brainard sold 5,710 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $22.20, for a total transaction of $126,762.00. Following the completion of the sale, the chief technology officer directly owned 115,161 shares in the company, valued at $2,556,574.20. This represents a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Julia Brncic sold 1,436 shares of EverQuote stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $23.51, for a total transaction of $33,760.36. Following the transaction, the general counsel directly owned 119,676 shares of the company’s stock, valued at $2,813,582.76. This represents a 1.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 57,442 shares of company stock valued at $1,282,828. Company insiders own 25.52% of the company’s stock.

EverQuote 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.