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

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

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 Trading Up 0.2 %

Shares of EVER stock opened at $25.78 on Friday. The stock’s fifty day simple moving average is $20.25 and its 200-day simple moving average is $20.17. EverQuote, Inc. has a 1-year low of $14.28 and a 1-year high of $28.09. The company has a market capitalization of $911.35 million, a price-to-earnings ratio of 75.82 and a beta of 0.96.

EverQuote (NASDAQ:EVER) last issued its earnings results on Monday, February 24th. The company reported $0.33 earnings per share 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 company had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. On average, sell-side analysts predict that EverQuote, Inc. will post 0.72 EPS for the current year.

Institutional Trading of EverQuote

Large investors have recently made changes to their positions in the stock. Gladius Capital Management LP bought a new stake in shares of EverQuote during the 3rd quarter worth about $26,000. R Squared Ltd bought a new stake in EverQuote during the 4th quarter valued at approximately $34,000. Quarry LP boosted its stake in EverQuote by 100.7% during the 3rd quarter. Quarry LP now owns 2,894 shares of the company’s stock valued at $61,000 after purchasing an additional 1,452 shares during the period. Quantbot Technologies LP boosted its stake in 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 period. Finally, Asset Management One Co. Ltd. lifted its position in shares of EverQuote by 80.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company’s stock worth $90,000 after acquiring an additional 2,042 shares during the period. Institutional investors own 91.54% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on EVER. B. Riley decreased their target price on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. JPMorgan Chase & Co. lifted their target price on EverQuote from $25.00 to $29.00 and gave the stock an “overweight” rating in a report on Tuesday. Raymond James upgraded EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a report on Thursday, December 26th. Needham & Company LLC lifted their price target on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Canaccord Genuity Group lowered their price target on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus 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.