EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CFO Joseph Sanborn sold 664 shares of the company's stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $18.73, for a total transaction of $12,436.72. Following the completion of the sale, the chief financial officer now directly owns 229,037 shares of the company's stock, valued at $4,289,863.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Joseph Sanborn also recently made the following trade(s):
- On Friday, January 5th, Joseph Sanborn sold 477 shares of EverQuote stock. The stock was sold at an average price of $11.49, for a total transaction of $5,480.73.
EverQuote Trading Down 2.1 %
Shares of EVER opened at $18.78 on Friday. The firm's 50-day moving average is $16.27 and its two-hundred day moving average is $11.74. EverQuote, Inc. has a twelve month low of $5.36 and a twelve month high of $20.34. The firm has a market capitalization of $642.84 million, a P/E ratio of -12.19 and a beta of 0.90.
EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.12. EverQuote had a negative net margin of 17.81% and a negative return on equity of 34.38%. The company had revenue of $55.71 million for the quarter, compared to analyst estimates of $49.89 million. Analysts predict that EverQuote, Inc. will post -0.43 EPS for the current year.
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Several research firms recently issued reports on EVER. B. Riley increased their price target on shares of EverQuote from $18.00 to $25.00 and gave the stock a "buy" rating in a report on Tuesday, February 27th. JPMorgan Chase & Co. increased their price target on shares of EverQuote from $13.00 to $25.00 and gave the stock an "overweight" rating in a report on Tuesday, February 27th. Raymond James raised shares of EverQuote from a "market perform" rating to an "outperform" rating and set a $13.00 price target for the company in a report on Tuesday, December 12th. Finally, Needham & Company LLC increased their price target on shares of EverQuote from $15.00 to $25.00 and gave the stock a "buy" rating in a report on Tuesday, February 27th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $20.80.
Get Our Latest Report on EverQuote
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. grew its position in shares of EverQuote by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 53,240 shares of the company's stock valued at $785,000 after purchasing an additional 871 shares during the last quarter. California State Teachers Retirement System grew its position in shares of EverQuote by 4.1% in the third quarter. California State Teachers Retirement System now owns 24,019 shares of the company's stock valued at $164,000 after purchasing an additional 936 shares during the last quarter. Credit Suisse AG grew its position in shares of EverQuote by 7.8% in the second quarter. Credit Suisse AG now owns 13,366 shares of the company's stock valued at $119,000 after purchasing an additional 968 shares during the last quarter. Barclays PLC grew its position in shares of EverQuote by 10.9% in the first quarter. Barclays PLC now owns 17,138 shares of the company's stock valued at $239,000 after purchasing an additional 1,686 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of EverQuote by 35.9% in the second quarter. Osaic Holdings Inc. now owns 6,573 shares of the company's stock valued at $43,000 after purchasing an additional 1,735 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.
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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