EverQuote, Inc. (NASDAQ:EVER) General Counsel Sells $13,238.60 in Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $17.89, for a total transaction of $13,238.60. Following the completion of the transaction, the general counsel now directly owns 109,079 shares of the company’s stock, valued at approximately $1,951,423.31. This represents a 0.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Julia Brncic also recently made the following trade(s):

• On Wednesday, October 2nd, Julia Brncic sold 818 shares of EverQuote stock. The shares were sold at an average price of $20.22, for a total transaction of $16,539.96.

EverQuote Stock Performance

Shares of NASDAQ EVER traded up $0.06 during mid-day trading on Wednesday, hitting $18.85. The stock had a trading volume of 340,795 shares, compared to its average volume of 474,060. EverQuote, Inc. has a 1 year low of $8.18 and a 1 year high of $28.09. The firm has a market cap of $666.37 million, a P/E ratio of 55.26 and a beta of 1.06. The business has a 50 day moving average price of $19.80 and a two-hundred day moving average price of $21.74.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The firm had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. During the same quarter last year, the firm earned ($0.40) EPS. The firm’s revenue for the quarter was up 162.7% compared to the same quarter last year. Equities research analysts predict that EverQuote, Inc. will post 0.69 EPS for the current fiscal year.

Institutional Trading of EverQuote

Large investors have recently added to or reduced their stakes in the stock. Gladius Capital Management LP purchased a new stake in EverQuote in the third quarter valued at $26,000. Quarry LP increased its position in shares of EverQuote by 215.5% during the second quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after acquiring an additional 985 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of EverQuote during the 2nd quarter valued at about $35,000. CWM LLC raised its stake in EverQuote by 133.2% during the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after acquiring an additional 1,063 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock valued at $74,000 after acquiring an additional 1,874 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on EVER shares. Craig Hallum upped their price target on shares of EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. B. Riley dropped their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC increased their price target on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lowered their price objective on EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $28.50.

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.