EverQuote (NASDAQ:EVER - Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04, Zacks reports. EverQuote had a net margin of 7.57% and a return on equity of 39.38%. The company had revenue of $156.63 million during the quarter, compared to the consensus estimate of $157.19 million. During the same quarter last year, the company earned $0.17 earnings per share. EverQuote's revenue for the quarter was up 33.7% on a year-over-year basis. EverQuote updated its Q3 2025 guidance to EPS.
EverQuote Trading Up 5.2%
NASDAQ:EVER traded up $1.24 during mid-day trading on Wednesday, reaching $25.00. 285,932 shares of the stock were exchanged, compared to its average volume of 547,886. The business has a fifty day moving average price of $24.60 and a 200 day moving average price of $23.83. The firm has a market capitalization of $893 million, a PE ratio of 20.11 and a beta of 0.37. EverQuote has a 1-year low of $16.63 and a 1-year high of $30.03.
Insider Activity
In other news, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $24.30, for a total transaction of $48,600.00. Following the completion of the sale, the director directly owned 31,219 shares in the company, valued at $758,621.70. The trade was a 6.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Joseph Sanborn sold 1,063 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $24.13, for a total value of $25,650.19. Following the completion of the sale, the chief financial officer owned 261,390 shares of the company's stock, valued at approximately $6,307,340.70. This trade represents a 0.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 63,162 shares of company stock valued at $1,524,781 over the last quarter. Insiders own 29.79% of the company's stock.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of EVER. Amundi bought a new stake in shares of EverQuote during the first quarter valued at approximately $290,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in EverQuote by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company's stock valued at $393,000 after acquiring an additional 624 shares during the period. Royal Bank of Canada boosted its stake in EverQuote by 1,705.9% in the first quarter. Royal Bank of Canada now owns 65,428 shares of the company's stock worth $1,713,000 after purchasing an additional 61,805 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in EverQuote by 615.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,672 shares of the company's stock worth $8,896,000 after purchasing an additional 292,172 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have commented on EVER. JPMorgan Chase & Co. lifted their price objective on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Needham & Company LLC reiterated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a research note on Tuesday. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $32.50.
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About EverQuote
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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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