EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 740 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of EverQuote stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $22.22, for a total transaction of $16,442.80. Following the completion of the sale, the general counsel now owns 142,496 shares in the company, valued at approximately $3,166,261.12. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

EverQuote Trading Down 3.9 %

Shares of NASDAQ EVER opened at $21.66 on Friday. The stock has a market cap of $765.68 million, a PE ratio of 63.71 and a beta of 0.96. EverQuote, Inc. has a 12-month low of $14.28 and a 12-month high of $28.09. The company has a 50-day moving average of $19.63 and a 200 day moving average of $20.18.

Institutional Investors Weigh In On EverQuote

A number of large investors have recently made changes to their positions in the stock. Divisadero Street Capital Management LP purchased a new position in EverQuote during the fourth quarter worth approximately $12,311,000. Freestone Grove Partners LP acquired a new stake in shares of EverQuote in the 4th quarter worth $11,618,000. Point72 Asset Management L.P. raised its holdings in shares of EverQuote by 2,301.4% during the 4th quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock worth $9,216,000 after acquiring an additional 441,815 shares during the period. Emerald Mutual Fund Advisers Trust boosted its position in shares of EverQuote by 572.1% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock valued at $10,631,000 after acquiring an additional 429,084 shares during the last quarter. Finally, Emerald Advisers LLC grew its holdings in shares of EverQuote by 165.8% in the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock valued at $13,498,000 after purchasing an additional 399,257 shares during the period. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EVER has been the topic of a number of research reports. B. Riley decreased their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Raymond James upgraded EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a research report on Thursday, December 26th. Finally, JPMorgan Chase & Co. lowered their price target on EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, January 10th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, EverQuote presently has an average rating of “Buy” and a consensus target price of $31.67.

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.