EverQuote, Inc. (NASDAQ:EVER - Get Free Report) major shareholder Ventures Lllp Link sold 1,022 shares of the company'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 $29,382.50. Following the sale, the insider now owns 3,498,667 shares of the company's stock, valued at approximately $100,586,676.25. This represents a 0.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Ventures Lllp Link also recently made the following trade(s):
- On Wednesday, March 19th, Ventures Lllp Link sold 47 shares of EverQuote stock. The stock was sold at an average price of $28.40, for a total value of $1,334.80.
EverQuote Stock Down 5.9 %
Shares of EverQuote stock opened at $27.96 on Thursday. The company has a 50 day moving average price of $23.24 and a 200 day moving average price of $20.73. The firm has a market capitalization of $998.84 million, a P/E ratio of 82.24 and a beta of 1.01. EverQuote, Inc. has a 52 week low of $16.63 and a 52 week high of $30.03.
EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.18. The business had revenue of $147.46 million during the quarter, compared to analysts' expectations of $133.83 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. 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 issued reports on the company. 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 note on Thursday, December 26th. Canaccord Genuity Group reduced their price objective on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, February 24th. JPMorgan Chase & Co. raised their target price on shares of EverQuote from $25.00 to $29.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Finally, Needham & Company LLC lifted 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, February 25th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, EverQuote has an average rating of "Buy" and a consensus target price of $32.33.
Check Out Our Latest Research Report on EVER
Institutional Trading of EverQuote
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of EverQuote by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 2,016,712 shares of the company's stock valued at $40,314,000 after purchasing an additional 24,347 shares during the period. Toronado Partners LLC boosted its position in EverQuote by 59.7% in the fourth quarter. Toronado Partners LLC now owns 718,774 shares of the company's stock valued at $14,368,000 after buying an additional 268,670 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in EverQuote by 32.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company's stock worth $13,076,000 after buying an additional 161,426 shares during the period. Divisadero Street Capital Management LP purchased a new position in EverQuote during the 4th quarter worth approximately $12,311,000. Finally, Geode Capital Management LLC lifted its stake in EverQuote by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 600,365 shares of the company's stock valued at $12,004,000 after acquiring an additional 5,210 shares during the period. Institutional investors and hedge funds own 91.54% of the company's stock.
EverQuote Company Profile
(
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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