EverQuote, Inc. (NASDAQ:EVER) CFO Sells $218,750.00 in Stock

EverQuote, Inc. (NASDAQ:EVERGet Rating) CFO John Brandon Wagner sold 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $17.50, for a total value of $218,750.00. Following the completion of the transaction, the chief financial officer now owns 278,324 shares of the company’s stock, valued at $4,870,670. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

John Brandon Wagner also recently made the following trade(s):

  • On Monday, January 9th, John Brandon Wagner sold 12,000 shares of EverQuote stock. The shares were sold at an average price of $16.00, for a total value of $192,000.00.
  • On Wednesday, December 21st, John Brandon Wagner sold 19,398 shares of EverQuote stock. The shares were sold at an average price of $14.69, for a total value of $284,956.62.

EverQuote Price Performance

EVER opened at $17.71 on Monday. The business has a fifty day simple moving average of $13.15 and a 200 day simple moving average of $10.12. The company has a market capitalization of $569.47 million, a PE ratio of -22.14 and a beta of 1.23. EverQuote, Inc. has a 1 year low of $5.23 and a 1 year high of $18.86.

EverQuote (NASDAQ:EVERGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.21. The business had revenue of $103.22 million during the quarter, compared to the consensus estimate of $93.28 million. EverQuote had a negative return on equity of 24.34% and a negative net margin of 5.84%. Equities analysts anticipate that EverQuote, Inc. will post -0.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on EVER shares. Needham & Company LLC lifted their target price on EverQuote from $8.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, January 18th. JPMorgan Chase & Co. upgraded EverQuote from an “underweight” rating to an “overweight” rating and lifted their target price for the stock from $8.00 to $15.00 in a research note on Tuesday, December 20th. Finally, Oppenheimer lifted their target price on EverQuote from $8.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.00.

Institutional Trading of EverQuote

Institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. bought a new stake in EverQuote in the 2nd quarter valued at $43,000. Allspring Global Investments Holdings LLC raised its holdings in EverQuote by 588.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,895 shares of the company’s stock valued at $47,000 after acquiring an additional 5,893 shares in the last quarter. Advisor Group Holdings Inc. raised its holdings in EverQuote by 398.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,992 shares of the company’s stock valued at $48,000 after acquiring an additional 2,392 shares in the last quarter. Amalgamated Bank acquired a new position in EverQuote in the 1st quarter valued at $52,000. Finally, Asset Management One Co. Ltd. raised its holdings in EverQuote by 54.2% in the 2nd quarter. Asset Management One Co. Ltd. now owns 6,817 shares of the company’s stock valued at $60,000 after acquiring an additional 2,396 shares in the last quarter. 51.76% of the stock is currently owned by institutional investors.

EverQuote Company Profile

(Get Rating)

EverQuote, Inc operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm’s data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers.

See Also

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

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