Allspring Global Investments Holdings LLC Boosts Stock Position in EverQuote, Inc. $EVER

Allspring Global Investments Holdings LLC increased its stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 42.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,265 shares of the company's stock after buying an additional 103,880 shares during the period. Allspring Global Investments Holdings LLC owned 0.97% of EverQuote worth $8,480,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 worth $393,000 after buying an additional 624 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in EverQuote by 7.5% in the second quarter. Concurrent Investment Advisors LLC now owns 10,004 shares of the company's stock worth $242,000 after buying an additional 695 shares during the period. Algert Global LLC lifted its holdings in EverQuote by 3.8% in the first quarter. Algert Global LLC now owns 53,658 shares of the company's stock worth $1,405,000 after buying an additional 1,940 shares during the period. CWM LLC lifted its holdings in EverQuote by 124.3% in the first quarter. CWM LLC now owns 12,701 shares of the company's stock worth $333,000 after buying an additional 7,038 shares during the period. Finally, Sierra Summit Advisors LLC lifted its holdings in EverQuote by 24.4% in the first quarter. Sierra Summit Advisors LLC now owns 36,379 shares of the company's stock worth $953,000 after buying an additional 7,124 shares during the period. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

EverQuote Stock Performance

Shares of NASDAQ EVER opened at $19.45 on Monday. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The company has a 50 day simple moving average of $23.05 and a two-hundred day simple moving average of $23.58. The company has a market capitalization of $710.12 million, a price-to-earnings ratio of 15.69 and a beta of 0.58.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The business had revenue of $156.63 million during 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 business's revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 earnings per share. EverQuote has set its Q3 2025 guidance at EPS. On average, analysts forecast that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Insider Activity at EverQuote

In other EverQuote news, major shareholder Ventures Lllp Link sold 900,000 shares of EverQuote stock in a transaction that occurred on Sunday, August 10th. The shares were sold at an average price of $23.33, for a total value of $20,997,000.00. Following the completion of the sale, the insider owned 2,598,154 shares of the company's stock, valued at approximately $60,614,932.82. The trade was a 25.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Julia Brncic sold 1,436 shares of EverQuote stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $23.51, for a total transaction of $33,760.36. Following the completion of the sale, the general counsel directly owned 119,676 shares of the company's stock, valued at approximately $2,813,582.76. This trade represents a 1.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 943,753 shares of company stock valued at $22,016,050 over the last ninety days. Corporate insiders own 25.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on EVER shares. Needham & Company LLC restated a "buy" rating and issued a $38.00 price objective on shares of EverQuote in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of EverQuote from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 11th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of EverQuote in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target 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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