EverQuote (NASDAQ:EVER) CTO David Brainard Sells 5,710 Shares

Key Points

• EverQuote CTO David Brainard sold 5,710 shares at an average price of $22.20, totaling $126,762, which represents a 4.72% decrease in his position.
• The company reported a 33.7% increase in revenue year-over-year for the last quarter, with earnings per share at $0.39, exceeding estimates of $0.35.
• Analysts maintain a consensus rating of "Buy" for EverQuote, with a target price averaging $32.40 following recent downgrades from some investment firms.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CTO David Brainard sold 5,710 shares of the company's stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $22.20, for a total transaction of $126,762.00. Following the completion of the sale, the chief technology officer directly owned 115,161 shares in the company, valued at $2,556,574.20. This trade represents a 4.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

David Brainard also recently made the following trade(s):

• On Wednesday, August 27th, David Brainard sold 1,291 shares of EverQuote stock. The shares were sold at an average price of $23.50, for a total transaction of $30,338.50.

EverQuote Price Performance

Shares of NASDAQ EVER traded down $0.27 on Thursday, hitting $22.00. The company's stock had a trading volume of 326,186 shares, compared to its average volume of 525,982. EverQuote, Inc. has a 12-month low of $16.63 and a 12-month high of $30.03. The company has a market capitalization of $803.22 million, a price-to-earnings ratio of 17.74 and a beta of 0.58. The stock has a 50 day moving average of $23.61 and a 200-day moving average of $23.97.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The company had revenue of $156.63 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share. EverQuote has set its Q3 2025 guidance at EPS. Sell-side analysts expect that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on EVER shares. Needham & Company LLC restated a "buy" rating and set a $38.00 target price on shares of EverQuote in a research report on Tuesday, August 5th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of EverQuote in a research note on Wednesday. Finally, Wall Street Zen downgraded shares of EverQuote from a "strong-buy" rating to a "buy" rating in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $32.40.

Hedge Funds Weigh In On EverQuote

A number of institutional investors and hedge funds have recently bought and sold shares of EVER. Ameritas Investment Partners Inc. boosted its holdings in EverQuote by 25.8% in the 2nd 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 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 valued at $79,000 after buying an additional 2,381 shares during 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 valued at $113,000 after buying an additional 1,044 shares during 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 valued at $133,000 after buying an additional 2,276 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its stake in shares of EverQuote by 23.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 6,268 shares of the company's stock valued at $152,000 after buying an additional 1,178 shares during the last quarter. Hedge funds and other 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.

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