EverQuote (NASDAQ:EVER) Stock: Insider David Brainard Sells 2,334 Shares

EverQuote, Inc. (NASDAQ:EVER) CTO David Brainard sold 2,334 shares of EverQuote stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $19.48, for a total value of $45,466.32. Following the completion of the transaction, the chief technology officer owned 152,804 shares in the company, valued at $2,976,621.92. This trade represents a 1.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

David Brainard also recently made the following trade(s):

• On Thursday, October 8th, David Brainard sold 2,626 shares of EverQuote stock. The shares were sold at an average price of $19.90, for a total transaction of $52,257.40.
• On Tuesday, August 25th, David Brainard sold 1,097 shares of EverQuote stock. The shares were sold at an average price of $26.47, for a total transaction of $29,037.59.

EverQuote Stock Down 4.5%

Shares of EverQuote stock opened at $19.80 on Friday. The firm’s 50 day moving average price is $23.11 and its 200-day moving average price is $21.09. EverQuote, Inc. has a 52-week low of $13.88 and a 52-week high of $28.73. The company has a market cap of $713.39 million, a P/E ratio of 6.43 and a beta of 0.68.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, August 3rd. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $195.09 million during the quarter, compared to analysts’ expectations of $191.06 million. EverQuote had a net margin of 15.16% and a return on equity of 50.29%. EverQuote’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.39 earnings per share. As a group, equities research analysts forecast that EverQuote, Inc. will post 1.72 EPS for the current fiscal year.

Key EverQuote News

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: EverQuote published a white paper on how personal AI agents could reshape property and casualty insurance distribution. The report highlights the company’s AI, data and insurance-market expertise and could support its positioning as a strategic partner for insurers adapting to AI-driven customer acquisition. EverQuote Releases New White Paper Addressing Personal AI Agents and the Future of P&C Insurance Distribution
• Neutral Sentiment: Reported short-interest data shows zero shares sold short and a 0.0-day short-interest ratio, which would indicate little conventional short-selling pressure. However, the accompanying claim of a “significant increase” conflicts with the reported zero balance, making the data difficult to interpret as a trading catalyst.
• Negative Sentiment: EverQuote CTO David Brainard sold 2,334 shares for approximately $45,466 on October 6 and another 2,626 shares for about $52,257 on October 8. Chief Accounting Officer Jon Ayotte also sold 441 shares for roughly $8,591. The transactions were relatively small compared with their remaining holdings, but repeated executive selling—and the absence of reported insider purchases—can weaken investor confidence. EverQuote CTO David Brainard Sells Shares
• Negative Sentiment: Recent trading disclosures indicate 24 insider sales and no insider purchases over the past six months. Although some sales may occur under prearranged Rule 10b5-1 plans, the persistent one-sided pattern is a negative signal for near-term sentiment.

Institutional Investors Weigh In On EverQuote

Institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its holdings in shares of EverQuote by 28.9% during the first quarter. Renaissance Technologies LLC now owns 941,467 shares of the company’s stock valued at $14,517,000 after buying an additional 211,360 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of EverQuote by 47.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 909,877 shares of the company’s stock valued at $13,412,000 after purchasing an additional 293,160 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of EverQuote by 1.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 743,869 shares of the company’s stock valued at $11,470,000 after purchasing an additional 13,276 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of EverQuote by 37.7% in the first quarter. Dimensional Fund Advisors LP now owns 695,716 shares of the company’s stock worth $10,728,000 after purchasing an additional 190,438 shares during the last quarter. Finally, Jacobs Asset Management LLC raised its stake in shares of EverQuote by 199.9% in the first quarter. Jacobs Asset Management LLC now owns 403,300 shares of the company’s stock worth $6,219,000 after purchasing an additional 268,819 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Weiss Ratings raised EverQuote from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Needham & Company LLC upped their target price on EverQuote from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Wall Street Zen cut EverQuote from a “buy” rating to a “hold” rating in a research note on Sunday, September 20th. B. Riley Financial reissued a “buy” rating and issued a $34.00 price target (up from $30.00) on shares of EverQuote in a report on Tuesday, August 4th. Finally, Raymond James Financial restated an “outperform” rating and set a $28.00 price target on shares of EverQuote in a research note on Thursday, August 13th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, EverQuote currently has an average rating of “Moderate Buy” and an average target price of $28.17.

About EverQuote

EverQuote, Inc operates an online marketplace that helps consumers compare insurance options and connect with insurance providers. Its platform uses data, digital marketing and technology to match consumers seeking coverage with insurers and other insurance-related providers.

The company has primarily focused on auto insurance, while also supporting shopping and customer acquisition activities for additional property and casualty insurance products, including home and renters coverage.