Insider Selling: EverQuote, Inc. (NASDAQ:EVER) General Counsel Sells $55,481.52 in Stock

EverQuote, Inc. (NASDAQ:EVERGet Free Report) General Counsel Julia Brncic sold 2,622 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $21.16, for a total transaction of $55,481.52. Following the sale, the general counsel now directly owns 118,963 shares in the company, valued at $2,517,257.08. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

EverQuote Price Performance

Shares of NASDAQ:EVER opened at $19.18 on Friday. The business has a 50-day moving average of $21.69 and a two-hundred day moving average of $16.74. The firm has a market capitalization of $665.93 million, a PE ratio of -13.60 and a beta of 1.00. EverQuote, Inc. has a 12 month low of $5.36 and a 12 month high of $25.69.

EverQuote (NASDAQ:EVERGet Free Report) last issued its earnings results on Monday, May 6th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.12. The business had revenue of $91.07 million during the quarter, compared to analysts’ expectations of $80.36 million. EverQuote had a negative return on equity of 31.65% and a negative net margin of 17.37%. The company’s revenue for the quarter was down 16.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.08) EPS. As a group, research analysts anticipate that EverQuote, Inc. will post 0.05 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on EVER shares. B. Riley raised their target price on shares of EverQuote from $24.00 to $29.50 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Needham & Company LLC lifted their price objective on EverQuote from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th. Craig Hallum increased their target price on EverQuote from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. JPMorgan Chase & Co. lifted their price target on EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, February 27th. Finally, Canaccord Genuity Group upped their price objective on shares of EverQuote from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $26.25.

View Our Latest Report on EverQuote

Hedge Funds Weigh In On EverQuote

Hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC purchased a new stake in EverQuote during the 4th quarter worth $40,000. Asset Management One Co. Ltd. purchased a new stake in shares of EverQuote in the fourth quarter worth about $66,000. Tower Research Capital LLC TRC grew its stake in shares of EverQuote by 446.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,159 shares of the company’s stock valued at $63,000 after buying an additional 4,215 shares in the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in shares of EverQuote during the 1st quarter valued at about $211,000. Finally, NewEdge Wealth LLC acquired a new position in EverQuote during the 4th quarter worth approximately $264,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

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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Insider Buying and Selling by Quarter for EverQuote (NASDAQ:EVER)

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