EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 696 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 696 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $22.02, for a total value of $15,325.92. Following the completion of the sale, the general counsel now directly owns 140,692 shares of the company’s stock, valued at approximately $3,098,037.84. The trade was a 0.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, February 19th, Julia Brncic sold 740 shares of EverQuote stock. The shares were sold at an average price of $22.22, for a total value of $16,442.80.

EverQuote Stock Up 27.2 %

NASDAQ EVER opened at $25.63 on Wednesday. EverQuote, Inc. has a twelve month low of $14.28 and a twelve month high of $28.09. The company has a market cap of $906.05 million, a price-to-earnings ratio of 75.38 and a beta of 0.96. The business’s fifty day moving average is $19.90 and its 200 day moving average is $20.09.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.18. The company had revenue of $147.46 million for the quarter, compared to the consensus estimate of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. On average, research analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research report on Thursday, December 26th. Needham & Company LLC raised their price objective on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday. Canaccord Genuity Group cut their price objective on EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Monday. B. Riley lowered their target price on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. increased their target price on EverQuote from $25.00 to $29.00 and gave the stock an “overweight” rating in a research note on Tuesday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $32.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in EverQuote by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,016,712 shares of the company’s stock worth $40,314,000 after buying an additional 24,347 shares during the period. Toronado Partners LLC lifted its holdings in EverQuote by 59.7% during the 4th quarter. Toronado Partners LLC now owns 718,774 shares of the company’s stock worth $14,368,000 after buying an additional 268,670 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in EverQuote by 32.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company’s stock worth $13,076,000 after buying an additional 161,426 shares during the period. Emerald Advisers LLC lifted its holdings in EverQuote by 165.8% during the 3rd 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 period. Finally, Divisadero Street Capital Management LP acquired a new position in EverQuote during the 4th quarter worth about $12,311,000. 91.54% of the stock is owned by institutional investors and hedge funds.

About EverQuote

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.