Lisanti Capital Growth LLC acquired a new position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 108,670 shares of the company's stock, valued at approximately $2,846,000. Lisanti Capital Growth LLC owned about 0.30% of EverQuote as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of EVER. KLP Kapitalforvaltning AS bought a new stake in EverQuote during the 4th quarter worth $90,000. AlphaQuest LLC grew its position in EverQuote by 53.9% during the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company's stock worth $154,000 after acquiring an additional 2,698 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of EverQuote in the 1st quarter valued at about $157,000. Tower Research Capital LLC TRC grew its position in shares of EverQuote by 23.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,968 shares of the company's stock valued at $179,000 after buying an additional 1,724 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of EverQuote in the 4th quarter valued at about $180,000. Institutional investors own 91.54% of the company's stock.
EverQuote Price Performance
Shares of EverQuote stock opened at $24.25 on Friday. EverQuote, Inc. has a one year low of $16.63 and a one year high of $30.03. The stock's 50-day moving average is $24.04 and its 200 day moving average is $22.68. The firm has a market cap of $866.21 million, a price-to-earnings ratio of 23.77 and a beta of 0.33.
Insider Activity at EverQuote
In related news, CTO David Brainard sold 4,113 shares of the company's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $22.41, for a total transaction of $92,172.33. Following the sale, the chief technology officer now owns 143,874 shares in the company, valued at $3,224,216.34. This represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joseph Sanborn sold 1,063 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $26.29, for a total value of $27,946.27. Following the transaction, the chief financial officer now directly owns 270,865 shares in the company, valued at approximately $7,121,040.85. This trade represents a 0.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 59,757 shares of company stock worth $1,377,858 in the last 90 days. Corporate insiders own 29.79% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have commented on EVER. JPMorgan Chase & Co. upped their price target on EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a research report on Tuesday, May 6th. Needham & Company LLC reiterated a "buy" rating and issued a $38.00 price target on shares of EverQuote in a research report on Tuesday, May 6th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $32.50.
View Our Latest Report on EVER
EverQuote Profile
(
Free Report)
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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Want to see what other hedge funds are holding EVER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EverQuote, Inc. (NASDAQ:EVER - Free Report).
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