Insider Selling: EverQuote (NASDAQ:EVER) Director Sells 671 Shares of Stock

Key Points

• Director George R. Neble of EverQuote, Inc. sold 671 shares at an average price of $23.35, decreasing his ownership by 1.24% and retaining approximately 53,503 shares valued at around $1.25 million.
• EverQuote recently reported a quarterly EPS of $0.39, exceeding analysts' expectations, with revenue of $156.63 million reflecting a 33.7% year-over-year increase.
• Multiple analysts have rated EverQuote with a consensus of “Buy” and set an average price target of $32.40, indicating favorable market sentiment.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) Director George R. Neble sold 671 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $23.35, for a total transaction of $15,667.85. Following the transaction, the director directly owned 53,503 shares in the company, valued at approximately $1,249,295.05. The trade was a 1.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

EverQuote Price Performance

EVER traded up $0.77 during midday trading on Friday, hitting $23.38. 445,604 shares of the company's stock traded hands, compared to its average volume of 542,680. The company has a market cap of $853.60 million, a PE ratio of 18.85 and a beta of 0.37. The stock's fifty day simple moving average is $24.32 and its 200-day simple moving average is $24.17. 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 issued its quarterly earnings data on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. The firm had revenue of $156.63 million for the quarter, compared to analyst estimates of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The company's revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 earnings per share. EverQuote has set its Q3 2025 guidance at EPS. On average, research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

Analyst Ratings Changes

EVER has been the topic of several recent research reports. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 price objective on shares of EverQuote in a research report on Tuesday, August 5th. JPMorgan Chase & Co. raised their price objective on shares of EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $32.40.

Hedge Funds Weigh In On EverQuote

A number of institutional investors have recently modified their holdings of the company. Linden Thomas Advisory Services LLC raised its position in shares of EverQuote by 5.5% in the second quarter. Linden Thomas Advisory Services LLC now owns 8,684 shares of the company's stock valued at $210,000 after purchasing an additional 453 shares during the period. Ameritas Investment Partners Inc. grew its stake in shares of EverQuote by 25.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company's stock worth $68,000 after acquiring an additional 573 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of EverQuote by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company's stock worth $288,000 after acquiring an additional 608 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of EverQuote by 4.3% in the second quarter. Cetera Investment Advisers now owns 16,204 shares of the company's stock worth $392,000 after acquiring an additional 675 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its stake in shares of EverQuote by 7.5% in the second quarter. Concurrent Investment Advisors LLC now owns 10,004 shares of the company's stock worth $242,000 after acquiring an additional 695 shares during the last quarter. Institutional investors own 91.54% of the company's stock.

About EverQuote

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.