EverQuote, Inc. (NASDAQ:EVER - Get Free Report) major shareholder Ventures Lllp Link sold 2,730 shares of the firm's stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $21.88, for a total transaction of $59,732.40. Following the transaction, the insider now directly owns 1,553,430 shares in the company, valued at approximately $33,989,048.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Ventures Lllp Link also recently made the following trade(s):
- On Tuesday, April 30th, Ventures Lllp Link sold 6,830 shares of EverQuote stock. The shares were sold at an average price of $20.14, for a total transaction of $137,556.20.
- On Wednesday, April 17th, Ventures Lllp Link sold 2,573 shares of EverQuote stock. The stock was sold at an average price of $20.48, for a total value of $52,695.04.
- 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 value 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 value of $2,610.40.
- On Friday, March 15th, Ventures Lllp Link sold 49,683 shares of EverQuote stock. The stock was sold at an average price of $18.09, for a total value 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 value of $9,600.58.
- On Friday, February 9th, Ventures Lllp Link sold 10,422 shares of EverQuote stock. The stock was sold at an average price of $15.43, for a total value of $160,811.46.
EverQuote Trading Down 1.8 %
CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
From Banyan Hill Publishing | Ad
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.”
Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
Click on Adam's shiny forehead for more details.
Shares of EverQuote stock opened at $21.36 on Tuesday. EverQuote, Inc. has a 1 year low of $5.36 and a 1 year high of $22.27. The company has a market cap of $731.15 million, a P/E ratio of -13.87 and a beta of 0.85. The stock has a 50-day moving average price of $18.30 and a 200 day moving average price of $13.60.
EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings results on Monday, February 26th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.31) by $0.12. The business had revenue of $55.71 million during 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 forecast that EverQuote, Inc. will post -0.36 earnings per share for the current fiscal year.
Institutional Investors Weigh In On EverQuote
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. grew its holdings in shares of EverQuote by 52.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 5,755 shares of the company's stock valued at $42,000 after acquiring an additional 1,981 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in EverQuote during the fourth quarter valued at $40,000. Tower Research Capital LLC TRC grew its stake in EverQuote by 446.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,159 shares of the company's stock valued at $63,000 after purchasing an additional 4,215 shares in the last quarter. Asset Management One Co. Ltd. purchased a new position in EverQuote in the fourth quarter valued at about $66,000. Finally, New York State Common Retirement Fund increased its position in EverQuote by 15.6% in the 3rd quarter. New York State Common Retirement Fund now owns 42,213 shares of the company's stock worth $305,000 after purchasing an additional 5,684 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company's stock.
Wall Street Analysts Forecast Growth
EVER has been the subject of a number of recent analyst reports. Needham & Company LLC increased their price target on 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. raised their target price on shares of EverQuote from $13.00 to $25.00 and gave the stock an "overweight" rating in a report on Tuesday, February 27th. Finally, B. Riley started coverage on shares of EverQuote in a report on Friday, April 19th. They set a "buy" rating and a $24.00 price target on the stock. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, EverQuote currently has a consensus rating of "Buy" and an average target price of $20.60.
View Our Latest Stock Analysis on EverQuote
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
