Aquatic Capital Management LLC Sells 10,104 Shares of EverQuote, Inc. (NASDAQ:EVER)

Aquatic Capital Management LLC lowered its stake in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 35.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,396 shares of the company's stock after selling 10,104 shares during the period. Aquatic Capital Management LLC owned approximately 0.05% of EverQuote worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in EVER. JPMorgan Chase & Co. raised its stake in EverQuote by 3,022.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company's stock worth $8,133,000 after buying an additional 373,280 shares during the period. Toronado Partners LLC increased its holdings in shares of EverQuote by 59.7% during the fourth quarter. Toronado Partners LLC now owns 718,774 shares of the company's stock valued at $14,368,000 after acquiring an additional 268,670 shares in the last quarter. Boston Partners acquired a new position in shares of EverQuote during the fourth quarter worth approximately $3,668,000. Arrowstreet Capital Limited Partnership raised its position in shares of EverQuote by 32.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company's stock worth $13,076,000 after purchasing an additional 161,426 shares during the period. Finally, Schroder Investment Management Group bought a new position in shares of EverQuote in the 4th quarter worth $2,657,000. Institutional investors own 91.54% of the company's stock.

EverQuote Stock Down 12.0 %

NASDAQ:EVER traded down $3.15 during trading hours on Tuesday, hitting $23.19. 1,319,098 shares of the company traded hands, compared to its average volume of 555,941. The company has a market cap of $828.40 million, a PE ratio of 68.20 and a beta of 0.45. The firm's 50-day simple moving average is $24.72 and its 200-day simple moving average is $21.24. EverQuote, Inc. has a one year low of $16.63 and a one year high of $30.03.

EverQuote (NASDAQ:EVER - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.18. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The company had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. As a group, equities research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

Insider Transactions at EverQuote

In other news, Director David B. Blundin sold 77,600 shares of EverQuote stock in a transaction on Friday, March 21st. The stock was sold at an average price of $28.67, for a total transaction of $2,224,792.00. Following the sale, the director now directly owns 97,920 shares in the company, valued at $2,807,366.40. The trade was a 44.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Shields sold 2,000 shares of the business's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $20.93, for a total transaction of $41,860.00. Following the completion of the transaction, the director now directly owns 26,515 shares in the company, valued at $554,958.95. This trade represents a 7.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 193,967 shares of company stock worth $5,278,231 in the last 90 days. Insiders own 29.79% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on EVER. JPMorgan Chase & Co. boosted their price target on shares of EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a research note on Tuesday. Canaccord Genuity Group decreased their target price on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $38.00 price target on shares of EverQuote in a research report on Tuesday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, EverQuote has an average rating of "Buy" and an average price target of $32.50.

EverQuote 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.