EverQuote, Inc. (NASDAQ:EVER - Get Free Report) Director David B. Blundin sold 401 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $28.40, for a total value of $11,388.40. Following the transaction, the director now owns 177,950 shares of the company's stock, valued at approximately $5,053,780. This trade represents a 0.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
EverQuote Price Performance
Shares of EVER opened at $28.05 on Friday. The business's fifty day moving average price is $22.39 and its 200 day moving average price is $20.57. EverQuote, Inc. has a 12-month low of $16.63 and a 12-month high of $28.50. The stock has a market capitalization of $1.00 billion, a PE ratio of 82.50 and a beta of 1.01.
EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results 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 firm had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. As a group, research analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. Raymond James upgraded EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 target price for the company in a research note on Thursday, December 26th. Needham & Company LLC increased their target price on EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. increased their target price on EverQuote from $25.00 to $29.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Finally, Canaccord Genuity Group reduced their target price on EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $32.33.
Check Out Our Latest Analysis on EverQuote
Institutional Investors Weigh In On EverQuote
Large investors have recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new stake in EverQuote in the fourth quarter worth $34,000. Quarry LP increased its position in EverQuote by 100.7% in the third quarter. Quarry LP now owns 2,894 shares of the company's stock worth $61,000 after buying an additional 1,452 shares during the period. Quantbot Technologies LP increased its holdings in shares of EverQuote by 115.1% during the third quarter. Quantbot Technologies LP now owns 3,502 shares of the company's stock valued at $74,000 after purchasing an additional 1,874 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of EverQuote by 80.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company's stock valued at $90,000 after purchasing an additional 2,042 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of EverQuote during the fourth quarter valued at $90,000. 91.54% of the stock is owned by institutional investors and hedge funds.
EverQuote Company Profile
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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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