Key Points
- EverQuote CEO Jayme Mendal sold 20,981 shares for about $501,000, cutting his direct ownership by 3.69% to 548,253 shares.
- Third-quarter revenue rose 25.4% year over year to $218.08 million, exceeding analyst estimates; EPS of $0.49 matched consensus.
- Analysts maintain a “Moderate Buy” consensus with an average $30 price target; Needham raised its target to $35 and kept a Buy rating.
EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CEO Jayme Mendal sold 20,981 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $23.88, for a total value of $501,026.28. Following the completion of the transaction, the chief executive officer directly owned 548,253 shares of the company's stock, valued at $13,092,281.64. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Jayme Mendal also recently made the following trade(s):
- On Thursday, October 1st, Jayme Mendal sold 20,980 shares of EverQuote stock. The stock was sold at an average price of $19.69, for a total transaction of $413,096.20.
- On Tuesday, September 15th, Jayme Mendal sold 20,981 shares of EverQuote stock. The stock was sold at an average price of $24.27, for a total value of $509,208.87.
EverQuote Stock Up 5.1%
EVER opened at $30.60 on Thursday. The company has a 50-day moving average price of $22.45 and a 200 day moving average price of $20.57. EverQuote, Inc. has a twelve month low of $13.88 and a twelve month high of $30.92. The company has a market cap of $1.10 billion, a PE ratio of 9.97 and a beta of 0.82.
EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The company reported $0.49 earnings per share for the quarter, meeting analysts' consensus estimates of $0.49. The company had revenue of $218.08 million for the quarter, compared to analyst estimates of $205.12 million. EverQuote had a return on equity of 47.68% and a net margin of 14.23%. The firm's revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. As a group, sell-side analysts expect that EverQuote, Inc. will post 1.72 earnings per share for the current year.
Institutional Investors Weigh In On EverQuote
Institutional investors and hedge funds have recently bought and sold shares of the stock. Signature Equity Partners LLC grew its holdings in shares of EverQuote by 65.5% during the first quarter. Signature Equity Partners LLC now owns 2,127 shares of the company's stock worth $33,000 after purchasing an additional 842 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of EverQuote during the second quarter worth about $55,000. Allworth Financial LP increased its position in shares of EverQuote by 63.7% during the second quarter. Allworth Financial LP now owns 2,562 shares of the company's stock worth $61,000 after purchasing an additional 997 shares in the last quarter. IFP Advisors Inc increased its position in shares of EverQuote by 100.1% during the second quarter. IFP Advisors Inc now owns 3,219 shares of the company's stock worth $77,000 after purchasing an additional 1,610 shares in the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of EverQuote in the 3rd quarter valued at about $75,000. 91.54% of the stock is owned by hedge funds and other institutional investors.
More EverQuote News
Here are the key news stories impacting EverQuote this week:
- Positive Sentiment: EverQuote reported record third-quarter revenue of $218.1 million, up 25.4% year over year and ahead of analysts’ estimates. Its $0.49 EPS matched consensus according to the reported results. The company also announced a $50 million buyback, providing a potential source of share demand. EverQuote Q3 2026: Record Revenue, EPS Miss, and a $50M Buyback
- Positive Sentiment: Fourth-quarter revenue guidance of $213 million to $223 million is above the $211.9 million consensus estimate. Analysts also raised targets: Needham and B. Riley set targets at $35, while B. Riley reiterated its buy rating. EverQuote outlines Q4 revenue outlook and AI investment B. Riley rating and target
- Neutral Sentiment: Management plans to present at upcoming investor conferences and meet with investors. These appearances may offer updates but do not represent a change to the company’s outlook. EverQuote investor conference announcement
- Negative Sentiment: Some earnings coverage characterized EPS as a miss, and reports highlighted thinner margins and slower Q4 growth as EverQuote invests in agentic AI and other channels. Those investments could weigh on near-term profitability even as the company pursues longer-term growth. Earnings and AI investment coverage
- Negative Sentiment: CEO Jayme Mendal sold 20,981 shares for about $501,000, reducing his direct stake by 3.69%. Insider selling can concern investors, although he retained a substantial holding. SEC insider transaction filing
Analyst Upgrades and Downgrades
Several analysts recently weighed in on EVER shares. Needham & Company LLC lifted their target price on shares of EverQuote from $30.00 to $35.00 and gave the company a "buy" rating in a report on Tuesday. Citigroup restated a "buy" rating on shares of EverQuote in a research note on Tuesday. JPMorgan Chase & Co. upped their price target on EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Tuesday. Wall Street Zen lowered EverQuote from a "buy" rating to a "hold" rating in a research report on Sunday, September 20th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of EverQuote in a research note on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $30.00.
View Our Latest Report on EverQuote
EverQuote Company Profile
(
Get Free Report)
EverQuote, Inc operates an online marketplace that connects consumers seeking insurance with insurance providers and distribution partners. The company uses technology, data, and digital marketing to help consumers compare insurance options and obtain quotes.
Its platform has primarily focused on auto insurance, while also supporting other insurance categories, including home and renters insurance. EverQuote generates business by providing insurance carriers and agents with consumer referrals and opportunities to reach people who are actively shopping for coverage.
Founded in 2010 and headquartered in Cambridge, Massachusetts, EverQuote serves the United States insurance market.
Featured Articles
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. Please send any questions or comments about this story to [email protected].
