EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 740 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $17.89, for a total transaction of $13,238.60. Following the completion of the transaction, the general counsel now directly owns 109,079 shares in the company, valued at approximately $1,951,423.31. This represents a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Julia Brncic also recently made the following trade(s):

• On Wednesday, October 2nd, Julia Brncic sold 818 shares of EverQuote stock. The stock was sold at an average price of $20.22, for a total transaction of $16,539.96.

EverQuote Price Performance

Shares of EverQuote stock opened at $18.98 on Friday. EverQuote, Inc. has a fifty-two week low of $8.44 and a fifty-two week high of $28.09. The firm has a market capitalization of $670.94 million, a P/E ratio of 56.94 and a beta of 1.06. The company’s 50 day moving average price is $19.71 and its two-hundred day moving average price is $21.70.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. The company had revenue of $144.53 million for 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 was up 162.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.40) earnings per share. On average, analysts expect that EverQuote, Inc. will post 0.69 earnings per share for the current year.

Hedge Funds Weigh In On EverQuote

Hedge funds have recently modified their holdings of the business. Driehaus Capital Management LLC raised its stake in EverQuote by 9.1% during the second quarter. Driehaus Capital Management LLC now owns 2,036,361 shares of the company’s stock worth $42,478,000 after buying an additional 169,333 shares during the last quarter. Vanguard Group Inc. raised its stake in EverQuote by 2.7% during the first quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company’s stock worth $21,487,000 after buying an additional 30,577 shares during the last quarter. Emerald Advisers LLC raised its stake in EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after buying an additional 399,257 shares during the last quarter. Geode Capital Management LLC raised its stake in EverQuote by 10.4% during the third quarter. Geode Capital Management LLC now owns 595,155 shares of the company’s stock worth $12,554,000 after buying an additional 56,114 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in EverQuote by 62.6% during the second quarter. Acadian Asset Management LLC now owns 517,331 shares of the company’s stock worth $10,786,000 after buying an additional 199,187 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

Analysts Set New Price Targets

EVER has been the topic of several analyst reports. Needham & Company LLC increased their price target on shares of EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. reduced their price target on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. B. Riley reduced their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Craig Hallum raised their target price on shares of EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $28.50.

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.