EverQuote, Inc. (NASDAQ:EVER) Given Consensus Recommendation of "Buy" by Analysts

Key Points

• The six analysts covering EverQuote, Inc. have given the stock an average recommendation of "Buy", with a twelve-month target price of $32.40.
• EverQuote reported earnings of $0.39 per share in its latest quarter, surpassing analyst expectations, with a revenue of $156.63 million.
• Insider trading activity showed a decrease in ownership as both the General Counsel and CEO sold shares recently, contributing to significant insider sales totaling around $22.4 million.

Shares of EverQuote, Inc. (NASDAQ:EVER - Get Free Report) have been given an average recommendation of "Buy" by the six analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $32.40.

Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of EverQuote in a research report on Saturday, September 27th. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 price target on shares of EverQuote in a research report on Tuesday, August 5th.

EverQuote Trading Up 0.4%

NASDAQ:EVER traded up $0.08 on Friday, reaching $22.27. The stock had a trading volume of 378,440 shares, compared to its average volume of 415,145. The company has a 50-day moving average of $23.75 and a 200 day moving average of $24.09. The stock has a market cap of $813.08 million, a P/E ratio of 17.96 and a beta of 0.58. EverQuote has a 12-month low of $16.63 and a 12-month high of $30.03.

EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The company had revenue of $156.63 million during the quarter, compared to analysts' expectations of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The firm's revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. On average, equities analysts predict that EverQuote will post 0.72 EPS for the current year.

Insider Buying and Selling at EverQuote

In other news, General Counsel Julia Brncic sold 1,808 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $24.31, for a total transaction of $43,952.48. Following the transaction, the general counsel owned 123,397 shares of the company's stock, valued at approximately $2,999,781.07. This trade represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jayme Mendal sold 14,360 shares of the firm's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $22.86, for a total transaction of $328,269.60. Following the completion of the transaction, the chief executive officer directly owned 512,780 shares in the company, valued at $11,722,150.80. This represents a 2.72% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 959,250 shares of company stock valued at $22,422,920. Corporate insiders own 25.52% of the company's stock.

Hedge Funds Weigh In On EverQuote

Several hedge funds and other institutional investors have recently made changes to their positions in EVER. Ameritas Investment Partners Inc. lifted its holdings in 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 purchasing an additional 573 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of EverQuote by 271.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company's stock worth $79,000 after acquiring an additional 2,381 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of EverQuote by 28.7% during the 2nd quarter. Asset Management One Co. Ltd. now owns 4,682 shares of the company's stock worth $113,000 after acquiring an additional 1,044 shares in the last quarter. AlphaQuest LLC boosted its stake in shares of EverQuote by 70.9% during the 2nd quarter. AlphaQuest LLC now owns 5,485 shares of the company's stock worth $133,000 after acquiring an additional 2,276 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in shares of EverQuote by 23.1% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 6,268 shares of the company's stock worth $152,000 after buying an additional 1,178 shares during the period. 91.54% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.