Alps Advisors Inc. bought a new position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,810 shares of the company's stock, valued at approximately $335,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of EVER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of EverQuote by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company's stock worth $288,000 after purchasing an additional 608 shares in the last quarter. Corton Capital Inc. lifted its position in shares of EverQuote by 3.4% during the 4th quarter. Corton Capital Inc. now owns 21,592 shares of the company's stock valued at $432,000 after acquiring an additional 714 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of EverQuote by 4.8% during the 4th quarter. Legal & General Group Plc now owns 21,985 shares of the company's stock worth $439,000 after acquiring an additional 1,012 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of EverQuote by 2.8% in the 4th quarter. Canada Pension Plan Investment Board now owns 55,600 shares of the company's stock worth $1,111,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of EverQuote by 23.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,968 shares of the company's stock worth $179,000 after purchasing an additional 1,724 shares during the period. 91.54% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on EVER shares. JPMorgan Chase & Co. increased 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 restated a "buy" rating and set a $38.00 price target on shares of EverQuote in a report on Tuesday, May 6th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, EverQuote has an average rating of "Buy" and an average target price of $32.50.
View Our Latest Stock Report on EverQuote
EverQuote Trading Up 0.4%
NASDAQ EVER traded up $0.09 during trading on Friday, reaching $24.78. 285,553 shares of the company's stock were exchanged, compared to its average volume of 542,382. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The company's fifty day simple moving average is $24.25 and its 200-day simple moving average is $23.26. The firm has a market capitalization of $885.14 million, a PE ratio of 24.29 and a beta of 0.34.
Insider Transactions at EverQuote
In other EverQuote news, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $24.30, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Julia Brncic sold 1,808 shares of EverQuote stock in a transaction on Monday, July 7th. The shares were sold at an average price of $24.31, for a total transaction of $43,952.48. Following the completion of the sale, the general counsel directly owned 123,397 shares of the company's stock, valued at approximately $2,999,781.07. The trade was a 1.44% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,162 shares of company stock valued at $1,474,377. Corporate insiders own 29.79% of the company's stock.
About EverQuote
(
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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