15,529 Shares in EverQuote, Inc. $EVER Acquired by Cetera Investment Advisers

Key Points

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Cetera Investment Advisers purchased a new position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 15,529 shares of the company's stock, valued at approximately $407,000.

Several other hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its holdings in EverQuote by 1,553.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 243,385 shares of the company's stock valued at $6,464,000 after acquiring an additional 228,663 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in EverQuote in the 1st quarter valued at $244,000. GAMMA Investing LLC raised its holdings in EverQuote by 3,600.0% in the 1st quarter. GAMMA Investing LLC now owns 8,695 shares of the company's stock valued at $228,000 after acquiring an additional 8,460 shares in the last quarter. Emerald Advisers LLC acquired a new position in EverQuote in the 1st quarter valued at $11,621,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of EverQuote by 34.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,500 shares of the company's stock valued at $950,000 after purchasing an additional 12,118 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EverQuote

In related news, CTO David Brainard sold 5,710 shares of the company's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $24.57, for a total transaction of $140,294.70. Following the sale, the chief technology officer owned 128,720 shares in the company, valued at $3,162,650.40. This represents a 4.25% 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, CEO Jayme Mendal sold 14,360 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $22.86, for a total value of $328,269.60. Following the sale, the chief executive officer owned 512,780 shares in the company, valued at approximately $11,722,150.80. The trade was a 2.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 955,814 shares of company stock worth $22,338,245 over the last quarter. 25.52% of the stock is owned by company insiders.

EverQuote Stock Up 3.4%

Shares of NASDAQ EVER traded up $0.77 during trading on Friday, reaching $23.38. The company had a trading volume of 445,604 shares, compared to its average volume of 542,680. EverQuote, Inc. has a 12 month low of $16.63 and a 12 month high of $30.03. The company's fifty day moving average price is $24.32 and its 200-day moving average price is $24.17. The stock has a market cap of $853.60 million, a P/E ratio of 18.85 and a beta of 0.37.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.39 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $157.19 million. During the same quarter in the prior year, the company earned $0.17 EPS. The firm's revenue for the quarter was up 33.7% compared to the same quarter last year. EverQuote has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on EVER shares. JPMorgan Chase & Co. lifted their price target on EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a research note 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 note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus 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.