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

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 696 shares of the business’s stock in a transaction that occurred 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 sale, the general counsel now directly owns 140,692 shares of the company’s stock, valued at $3,098,037.84. This represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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 Stock Up 27.2 %

EVER opened at $25.63 on Wednesday. The stock has a market cap of $906.05 million, a PE ratio of 75.38 and a beta of 0.96. EverQuote, Inc. has a 52 week low of $14.28 and a 52 week high of $28.09. The business’s fifty day simple moving average is $19.90 and its 200 day simple moving average is $20.09.

EverQuote (NASDAQ:EVER) last released its earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The business had revenue of $147.46 million for the quarter, compared to analysts’ expectations of $133.83 million. As a group, equities analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on EVER. Canaccord Genuity Group dropped their price objective on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday. B. Riley dropped their target price on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Raymond James raised shares of 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 upped their price target on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. upped their price target on shares of EverQuote from $25.00 to $29.00 and gave the stock an “overweight” rating in a report on Tuesday. 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, the stock has a consensus rating of “Buy” and a consensus target price of $32.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of EverQuote by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,016,712 shares of the company’s stock worth $40,314,000 after purchasing an additional 24,347 shares during the period. Toronado Partners LLC boosted 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 worth $14,368,000 after purchasing an additional 268,670 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of EverQuote by 32.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company’s stock worth $13,076,000 after purchasing an additional 161,426 shares during the period. Emerald Advisers LLC boosted its holdings in shares of EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after purchasing an additional 399,257 shares during the period. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of EverQuote during the fourth quarter worth about $12,311,000. 91.54% of the stock is owned by institutional investors.

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.