Insider Selling: EverQuote (NASDAQ:EVER) CFO Sells 512 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER) CFO Joseph Sanborn sold 512 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $24.54, for a total transaction of $12,564.48. Following the completion of the sale, the chief financial officer owned 251,403 shares of the company’s stock, valued at approximately $6,169,429.62. This trade represents a 0.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Joseph Sanborn also recently made the following trade(s):

• On Thursday, October 2nd, Joseph Sanborn sold 1,063 shares of EverQuote stock. The stock was sold at an average price of $21.94, for a total transaction of $23,322.22.

EverQuote Stock Performance

NASDAQ EVER traded down $0.79 during trading on Wednesday, reaching $23.75. The company’s stock had a trading volume of 259,168 shares, compared to its average volume of 529,509. The business’s fifty day moving average price is $22.78 and its 200-day moving average price is $23.66. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03. The firm has a market cap of $853.96 million, a price-to-earnings ratio of 16.61 and a beta of 0.53.

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

Hedge Funds Weigh In On EverQuote

Institutional investors and hedge funds have recently made changes to their positions in the stock. Comerica Bank increased its holdings in shares of EverQuote by 235.4% in the 3rd quarter. Comerica Bank now owns 1,100 shares of the company’s stock valued at $25,000 after purchasing an additional 772 shares in the last quarter. Versant Capital Management Inc grew its position in EverQuote by 108.9% during the third quarter. Versant Capital Management Inc now owns 1,153 shares of the company’s stock worth $26,000 after buying an additional 601 shares during the period. NewEdge Advisors LLC purchased a new position in EverQuote in the third quarter valued at about $52,000. Jones Financial Companies Lllp increased its holdings in EverQuote by 595.8% in the third quarter. Jones Financial Companies Lllp now owns 2,623 shares of the company’s stock valued at $62,000 after buying an additional 2,246 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its holdings in EverQuote by 25.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company’s stock valued at $68,000 after buying an additional 573 shares in the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.