EverQuote, Inc. (NASDAQ:EVER - Get Free Report) Director John L. Shields sold 973 shares of the business's stock in a transaction on Monday, October 14th. The shares were sold at an average price of $20.00, for a total transaction of $19,460.00. Following the sale, the director now directly owns 31,542 shares of the company's stock, valued at $630,840. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
EverQuote Stock Up 0.4 %
EVER opened at $20.17 on Thursday. The firm's 50 day moving average is $21.67 and its 200-day moving average is $21.85. EverQuote, Inc. has a 52-week low of $6.64 and a 52-week high of $28.09. The firm has a market capitalization of $700.40 million, a P/E ratio of -14.30 and a beta of 1.04.
EverQuote (NASDAQ:EVER - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.14. The firm had revenue of $117.14 million for the quarter, compared to the consensus estimate of $102.81 million. EverQuote had a negative net margin of 8.55% and a negative return on equity of 13.24%. The firm's quarterly revenue was up 72.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.31) EPS. Equities analysts expect that EverQuote, Inc. will post 0.57 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
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A number of brokerages have recently issued reports on EVER. Craig Hallum boosted their target price on EverQuote from $30.00 to $33.00 and gave the stock a "buy" rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. increased their price objective on shares of EverQuote from $29.00 to $34.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Finally, Needham & Company LLC lifted their target price on shares of EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, August 6th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, EverQuote has a consensus rating of "Buy" and an average target price of $29.58.
Read Our Latest Stock Analysis on EVER
Hedge Funds Weigh In On EverQuote
Institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP increased its holdings in EverQuote by 215.5% in the second quarter. Quarry LP now owns 1,442 shares of the company's stock valued at $30,000 after buying an additional 985 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of EverQuote in the 2nd quarter valued at approximately $35,000. CWM LLC raised its position in shares of 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. Meeder Asset Management Inc. acquired a new position in EverQuote in the second quarter worth $76,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in EverQuote in the second quarter worth $147,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.
About EverQuote
(
Get Free Report)
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.
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