EverQuote, Inc. (NASDAQ:EVER) Director George R. Neble Sells 1,250 Shares

EverQuote, Inc. (NASDAQ:EVER) Director George R. Neble sold 1,250 shares of the company’s stock in a transaction on Friday, January 10th. The stock was sold at an average price of $18.18, for a total value of $22,725.00. Following the sale, the director now owns 53,720 shares of the company’s stock, valued at $976,629.60. This trade represents a 2.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

EverQuote Trading Down 3.8 %

Shares of NASDAQ:EVER traded down $0.71 on Friday, hitting $18.22. 507,242 shares of the company were exchanged, compared to its average volume of 379,407. The stock’s 50 day moving average price is $18.80 and its 200 day moving average price is $20.77. EverQuote, Inc. has a 1-year low of $10.21 and a 1-year high of $28.09. The firm has a market capitalization of $644.10 million, a P/E ratio of 53.59 and a beta of 0.96.

EverQuote (NASDAQ:EVER) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The company had revenue of $144.53 million during the quarter, compared to analyst estimates of $140.30 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. EverQuote’s revenue for the quarter was up 162.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.40) EPS. On average, equities analysts predict that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Hedge Funds Weigh In On EverQuote

Several institutional investors and hedge funds have recently modified their holdings of the stock. Gladius Capital Management LP acquired a new position in EverQuote in the third quarter valued at approximately $26,000. Quarry LP grew 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 purchasing an additional 985 shares during the period. nVerses Capital LLC increased its position in shares of EverQuote by 41.2% in the third quarter. nVerses Capital LLC now owns 2,400 shares of the company’s stock valued at $51,000 after buying an additional 700 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of EverQuote by 115.1% during the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock worth $74,000 after buying an additional 1,874 shares during the period. Finally, Meeder Asset Management Inc. purchased a new position in shares of EverQuote during the 2nd quarter valued at approximately $76,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. 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. JPMorgan Chase & Co. reduced their price target on EverQuote from $28.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, B. Riley lowered their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $31.67.

EverQuote Company Profile

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.