EverQuote, Inc. (NASDAQ:EVER) Shares Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC lifted its stake in shares of EverQuote, Inc. (NASDAQ:EVER) by 74.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,053 shares of the company’s stock after purchasing an additional 16,217 shares during the period. Counterpoint Mutual Funds LLC owned approximately 0.11% of EverQuote worth $761,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Gladius Capital Management LP acquired a new stake in shares of EverQuote during the third quarter worth $26,000. R Squared Ltd acquired a new stake in shares of EverQuote during the fourth quarter worth $34,000. Quarry LP raised its position in shares of EverQuote by 100.7% during the third quarter. Quarry LP now owns 2,894 shares of the company’s stock worth $61,000 after purchasing an additional 1,452 shares during the period. Quantbot Technologies LP raised its position in shares of EverQuote by 115.1% during the third quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock worth $74,000 after purchasing an additional 1,874 shares during the period. Finally, Asset Management One Co. Ltd. raised its position in shares of EverQuote by 80.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company’s stock worth $90,000 after purchasing an additional 2,042 shares during the period. 91.54% of the stock is owned by institutional investors and hedge funds.

EverQuote Stock Up 3.6 %

Shares of NASDAQ:EVER opened at $26.61 on Monday. The business has a 50 day moving average price of $21.71 and a 200 day moving average price of $20.42. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $28.09. The company has a market cap of $950.62 million, a price-to-earnings ratio of 78.26 and a beta of 1.01.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, beating 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 firm had revenue of $147.46 million during the quarter, compared to the consensus estimate of $133.83 million. Analysts anticipate that EverQuote, Inc. will post 0.72 EPS for the current year.

Insider Activity at EverQuote

In other EverQuote news, CAO Jon Ayotte sold 7,647 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $25.72, for a total value of $196,680.84. Following the completion of the sale, the chief accounting officer now owns 58,045 shares in the company, valued at approximately $1,492,917.40. This trade represents a 11.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO David Brainard sold 14,590 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $17.44, for a total value of $254,449.60. Following the completion of the sale, the chief technology officer now owns 137,291 shares of the company’s stock, valued at $2,394,355.04. This represents a 9.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 71,453 shares of company stock worth $1,459,054 in the last 90 days. 29.79% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on EVER. Needham & Company LLC upped their price target on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Canaccord Genuity Group dropped their price target on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research report on Thursday, December 26th. Finally, JPMorgan Chase & Co. upped their price target on EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $32.33.

About EverQuote

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.