16,222 Shares in EverQuote, Inc. (NASDAQ:EVER) Bought by Bokf Na

BOKF NA bought a new position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 16,222 shares of the company's stock, valued at approximately $296,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Legal & General Group Plc boosted its stake in shares of EverQuote by 4.8% in the fourth quarter. Legal & General Group Plc now owns 21,985 shares of the company's stock worth $439,000 after buying an additional 1,012 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of EverQuote by 4.0% during the fourth quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock valued at $698,000 after acquiring an additional 1,332 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of EverQuote by 2.8% in the fourth quarter. Canada Pension Plan Investment Board now owns 55,600 shares of the company's stock valued at $1,111,000 after purchasing an additional 1,500 shares during the last quarter. R Squared Ltd acquired a new stake in shares of EverQuote in the fourth quarter valued at approximately $34,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of EverQuote by 23.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 8,968 shares of the company's stock valued at $179,000 after purchasing an additional 1,724 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

EverQuote Price Performance

Shares of EVER traded up $0.04 during midday trading on Wednesday, reaching $24.94. 450,621 shares of the stock were exchanged, compared to its average volume of 550,205. The business's 50-day moving average price is $24.42 and its 200 day moving average price is $21.44. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03. The company has a market capitalization of $890.96 million, a price-to-earnings ratio of 73.35 and a beta of 0.45.

EverQuote (NASDAQ:EVER - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The firm 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 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Canaccord Genuity Group reduced their price objective on EverQuote from $35.00 to $30.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $38.00 price objective on shares of EverQuote in a research note on Tuesday, May 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $32.50.

Insider Buying and Selling at EverQuote

In other EverQuote news, Director David B. Blundin sold 77,600 shares of the 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 transaction, the director now owns 97,920 shares of the company's stock, valued at $2,807,366.40. This represents a 44.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $29,382.50. Following the transaction, the insider now directly owns 3,498,667 shares in the company, valued at approximately $100,586,676.25. This represents a 0.03% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 193,967 shares of company stock valued at $5,278,231. 29.79% of the stock is owned by corporate insiders.

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.