EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 812 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 812 shares of the stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $20.90, for a total value of $16,970.80. Following the transaction, the general counsel now owns 116,836 shares in the company, valued at $2,441,872.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, June 11th, Julia Brncic sold 2,622 shares of EverQuote stock. The stock was sold at an average price of $21.16, for a total value of $55,481.52.

EverQuote Stock Down 0.6 %

Shares of EVER opened at $21.47 on Thursday. EverQuote, Inc. has a 12-month low of $5.36 and a 12-month high of $25.69. The business’s fifty day moving average is $21.94 and its 200 day moving average is $17.60. The stock has a market cap of $745.44 million, a P/E ratio of -15.23 and a beta of 0.96.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results on Monday, May 6th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.12. The business had revenue of $91.07 million during the quarter, compared to analyst estimates of $80.36 million. EverQuote had a negative return on equity of 31.65% and a negative net margin of 17.37%. EverQuote’s quarterly revenue was down 16.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.08) EPS. On average, analysts expect that EverQuote, Inc. will post 0.05 EPS for the current year.

Institutional Investors Weigh In On EverQuote

Institutional investors and hedge funds have recently bought and sold shares of the stock. Earnest Partners LLC raised its position in EverQuote by 44.2% in the 3rd quarter. Earnest Partners LLC now owns 1,933,597 shares of the company’s stock valued at $13,980,000 after buying an additional 592,262 shares during the last quarter. Envestnet Asset Management Inc. raised its position in EverQuote by 193.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 716,865 shares of the company’s stock valued at $5,183,000 after buying an additional 472,821 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of EverQuote by 25.6% during the 4th quarter. New York State Common Retirement Fund now owns 53,026 shares of the company’s stock valued at $649,000 after purchasing an additional 10,813 shares during the last quarter. Asset Management One Co. Ltd. purchased a new stake in shares of EverQuote during the 4th quarter valued at $66,000. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of EverQuote during the 1st quarter valued at $672,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EVER. Needham & Company LLC increased their price target on EverQuote from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. B. Riley increased their target price on EverQuote from $24.00 to $29.50 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Canaccord Genuity Group increased their target price on EverQuote from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Finally, Craig Hallum increased their target price on EverQuote from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, EverQuote presently has a consensus rating of “Buy” and a consensus target price of $26.25.

EverQuote Company Profile

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.