EverQuote (NASDAQ:EVER) Director Sells $48,000.00 in Stock

Key Points

• EverQuote Director John Shields sold 2,000 shares of the company's stock for $48,000, reducing his stake by 6.41% to 29,219 shares.
• The company's latest quarterly earnings report showed an EPS of $0.39, exceeding estimates, but revenue was slightly below expectations at $156.63 million.
• Needham & Company reiterated a "buy" rating with a target price of $38.00, while the stock has a consensus rating of "Buy" with an average target price of $32.40.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) Director John Shields sold 2,000 shares of EverQuote stock in a transaction on Friday, September 5th. The shares were sold at an average price of $24.00, for a total value of $48,000.00. Following the sale, the director directly owned 29,219 shares of the company's stock, valued at $701,256. This represents a 6.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

EverQuote Price Performance

Shares of NASDAQ:EVER traded up $0.58 on Tuesday, hitting $24.31. The company's stock had a trading volume of 349,613 shares, compared to its average volume of 540,451. The company has a 50-day simple moving average of $24.15 and a 200 day simple moving average of $24.32. EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.03. The company has a market capitalization of $887.56 million, a PE ratio of 19.60 and a beta of 0.54.

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

Institutional Trading of EverQuote

Institutional investors have recently made changes to their positions in the stock. Nuveen LLC purchased a new position in shares of EverQuote in the first quarter worth $15,363,000. Emerald Advisers LLC purchased a new position in shares of EverQuote in the first quarter valued at about $11,621,000. Point72 Asset Management L.P. raised its stake in shares of EverQuote by 2,301.4% during the fourth quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company's stock valued at $9,216,000 after acquiring an additional 441,815 shares during the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of EverQuote during the second quarter worth about $10,170,000. Finally, Emerald Mutual Fund Advisers Trust purchased a new position in EverQuote during the 1st quarter valued at about $8,383,000. Hedge funds and other institutional investors own 91.54% of the company's stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated a "buy" rating and issued a $38.00 price objective on shares of EverQuote in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $32.40.

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.

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