EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CTO David Brainard sold 4,113 shares of the firm's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $22.41, for a total transaction of $92,172.33. Following the transaction, the chief technology officer now directly owns 143,874 shares in the company, valued at $3,224,216.34. This trade represents a 2.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
David Brainard also recently made the following trade(s):
- On Wednesday, February 26th, David Brainard sold 2,238 shares of EverQuote stock. The shares were sold at an average price of $26.14, for a total transaction of $58,501.32.
- On Thursday, February 20th, David Brainard sold 6,609 shares of EverQuote stock. The stock was sold at an average price of $21.49, for a total transaction of $142,027.41.
EverQuote Stock Performance
Shares of EVER stock opened at $20.51 on Wednesday. The firm has a market capitalization of $732.70 million, a price-to-earnings ratio of 60.32 and a beta of 0.77. The stock's 50-day simple moving average is $24.30 and its 200-day simple moving average is $20.89. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03.
EverQuote (NASDAQ:EVER - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.18. The business had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. As a group, equities analysts forecast that EverQuote, Inc. will post 0.72 earnings per share for the current year.
Institutional Trading of EverQuote
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of EverQuote by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company's stock worth $288,000 after purchasing an additional 608 shares during the last quarter. Corton Capital Inc. raised its position in EverQuote by 3.4% during the 4th quarter. Corton Capital Inc. now owns 21,592 shares of the company's stock worth $432,000 after buying an additional 714 shares during the last quarter. Legal & General Group Plc lifted its stake in EverQuote by 4.8% during the 4th quarter. Legal & General Group Plc now owns 21,985 shares of the company's stock valued at $439,000 after acquiring an additional 1,012 shares during the period. Rhumbline Advisers boosted its holdings in shares of EverQuote by 4.0% in the 4th quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock valued at $698,000 after acquiring an additional 1,332 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in EverQuote by 19.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,403 shares of the company's stock valued at $177,000 after purchasing an additional 1,363 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.
Analyst Upgrades and Downgrades
EVER has been the topic of a number of analyst reports. Canaccord Genuity Group reduced their price target on EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, February 24th. JPMorgan Chase & Co. boosted their target price on shares of EverQuote from $25.00 to $29.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Needham & Company LLC raised their price target on shares of EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. 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 research note on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $32.33.
View Our Latest Analysis on EVER
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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