EverQuote, Inc. (NASDAQ:EVER - Get Free Report) major shareholder Ventures Lllp Link sold 2,573 shares of the firm's stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $20.48, for a total transaction of $52,695.04. Following the completion of the transaction, the insider now directly owns 1,562,990 shares of the company's stock, valued at approximately $32,010,035.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Ventures Lllp Link also recently made the following trade(s):
- On Friday, April 12th, Ventures Lllp Link sold 109 shares of EverQuote stock. The shares were sold at an average price of $20.00, for a total transaction of $2,180.00.
- On Thursday, April 4th, Ventures Lllp Link sold 130 shares of EverQuote stock. The shares were sold at an average price of $20.08, for a total transaction of $2,610.40.
- On Friday, March 15th, Ventures Lllp Link sold 49,683 shares of EverQuote stock. The shares were sold at an average price of $18.09, for a total transaction of $898,765.47.
- On Wednesday, March 13th, Ventures Lllp Link sold 91,838 shares of EverQuote stock. The shares were sold at an average price of $19.37, for a total transaction of $1,778,902.06.
- On Monday, March 11th, Ventures Lllp Link sold 10,549 shares of EverQuote stock. The stock was sold at an average price of $17.07, for a total transaction of $180,071.43.
- On Monday, February 26th, Ventures Lllp Link sold 5,947 shares of EverQuote stock. The stock was sold at an average price of $17.11, for a total transaction of $101,753.17.
- On Thursday, February 22nd, Ventures Lllp Link sold 578 shares of EverQuote stock. The shares were sold at an average price of $16.61, for a total transaction of $9,600.58.
- On Friday, February 9th, Ventures Lllp Link sold 10,422 shares of EverQuote stock. The shares were sold at an average price of $15.43, for a total transaction of $160,811.46.
EverQuote Stock Performance
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Shares of NASDAQ EVER opened at $18.39 on Friday. EverQuote, Inc. has a one year low of $5.36 and a one year high of $20.74. The company's fifty day moving average is $17.48 and its two-hundred day moving average is $12.67.
EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results on Monday, February 26th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.12. The company had revenue of $55.71 million for the quarter, compared to analyst estimates of $49.89 million. EverQuote had a negative net margin of 17.81% and a negative return on equity of 34.38%. On average, equities analysts predict that EverQuote, Inc. will post -0.43 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on EVER shares. Needham & Company LLC lifted their price objective on shares of EverQuote from $15.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, February 27th. JPMorgan Chase & Co. lifted their price objective on shares of EverQuote from $13.00 to $25.00 and gave the company an "overweight" rating in a research report on Tuesday, February 27th. Finally, B. Riley started coverage on shares of EverQuote in a research report on Friday. They issued a "buy" rating and a $24.00 price objective on the stock. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $20.60.
View Our Latest Stock Report on EVER
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming acquired a new position in shares of EverQuote during the 4th quarter worth $42,000. Advisor Group Holdings Inc. raised its stake in shares of EverQuote by 398.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,992 shares of the company's stock worth $48,000 after buying an additional 2,392 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of EverQuote during the 4th quarter worth $40,000. Quarry LP acquired a new position in shares of EverQuote during the 1st quarter worth $53,000. Finally, Ensign Peak Advisors Inc acquired a new position in shares of EverQuote during the 1st quarter worth $80,000. Institutional investors and hedge funds own 91.54% of the company's stock.
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.
Further Reading
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