EverQuote, Inc. (NASDAQ:EVER) Shares Acquired by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board boosted its stake in EverQuote, Inc. (NASDAQ:EVER) by 2.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 55,600 shares of the company’s stock after acquiring an additional 1,500 shares during the quarter. Canada Pension Plan Investment Board owned 0.16% of EverQuote worth $1,111,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. S Squared Technology LLC grew its position in shares of EverQuote by 7.7% in the fourth quarter. S Squared Technology LLC now owns 149,677 shares of the company’s stock valued at $2,992,000 after purchasing an additional 10,645 shares during the period. Jump Financial LLC lifted its stake in EverQuote by 18.2% in the 4th quarter. Jump Financial LLC now owns 72,000 shares of the company’s stock valued at $1,439,000 after buying an additional 11,072 shares in the last quarter. XTX Topco Ltd boosted its holdings in EverQuote by 25.6% in the 4th quarter. XTX Topco Ltd now owns 30,847 shares of the company’s stock worth $617,000 after buying an additional 6,292 shares during the last quarter. Barclays PLC increased its stake in EverQuote by 32.0% during the 4th quarter. Barclays PLC now owns 67,305 shares of the company’s stock worth $1,346,000 after buying an additional 16,322 shares in the last quarter. Finally, Toronado Partners LLC raised its holdings in shares of EverQuote by 59.7% during the fourth quarter. Toronado Partners LLC now owns 718,774 shares of the company’s stock valued at $14,368,000 after acquiring an additional 268,670 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

EverQuote Price Performance

NASDAQ:EVER opened at $23.21 on Friday. The company’s 50-day moving average is $24.42 and its two-hundred day moving average is $20.98. The firm has a market capitalization of $829.15 million, a price-to-earnings ratio of 68.26 and a beta of 0.77. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $133.83 million. As a group, equities analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Insider Buying and Selling at EverQuote

In other EverQuote news, major shareholder Ventures Lllp Link sold 1,022 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $29,382.50. Following the sale, the insider now owns 3,498,667 shares of the company’s stock, valued at $100,586,676.25. The trade was a 0.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David B. Blundin sold 8,746 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $251,447.50. Following the transaction, the director now owns 89,174 shares of the company’s stock, valued at approximately $2,563,752.50. This represents a 8.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 195,967 shares of company stock valued at $5,318,231 over the last 90 days. 29.79% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Needham & Company LLC boosted their price target on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. increased their target price on shares of EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Canaccord Genuity Group lowered their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, February 24th. Finally, Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a report on Thursday, December 26th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, EverQuote currently has a consensus rating of “Buy” and a consensus price target 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.