Boston Partners Purchases 22,776 Shares of EverQuote, Inc. $EVER

Key Points

• Boston Partners increased its stake in EverQuote, Inc. by 12.4%, acquiring an additional 22,776 shares, bringing its total ownership to approximately 206,284 shares worth $5.4 million.
• Insider activity included a significant sale by Ventures Lllp Link, who sold 900,000 shares for about $20.99 million, resulting in a 25.73% decrease in their position.
• Wall Street analysts are optimistic, with an average rating of "Buy" and a price target of $32.40 for EverQuote shares, following a recent earnings report that showed a 33.7% year-over-year revenue increase.

Boston Partners boosted its stake in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 12.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,284 shares of the company's stock after acquiring an additional 22,776 shares during the quarter. Boston Partners owned 0.58% of EverQuote worth $5,403,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new position in EverQuote during the first quarter worth $157,000. Tower Research Capital LLC TRC raised its stake in 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 acquiring an additional 1,724 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in EverQuote during the fourth quarter worth $180,000. Arizona State Retirement System acquired a new stake in shares of EverQuote in the first quarter valued at $202,000. Finally, Linden Thomas Advisory Services LLC acquired a new stake in shares of EverQuote in the first quarter valued at $216,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on EVER shares. JPMorgan Chase & Co. raised their target price 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 restated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $32.40.

EverQuote Stock Down 0.8%

EVER stock traded down $0.19 during midday trading on Wednesday, reaching $22.93. The stock had a trading volume of 407,635 shares, compared to its average volume of 547,662. The firm has a market cap of $837.24 million, a price-to-earnings ratio of 18.49 and a beta of 0.37. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03. The business has a fifty day simple moving average of $24.47 and a two-hundred day simple moving average of $24.13.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The company had revenue of $156.63 million during the quarter, compared to analysts' expectations of $157.19 million. EverQuote had a return on equity of 36.90% and a net margin of 7.57%.EverQuote's revenue was up 33.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. On average, equities analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CTO David Brainard sold 5,710 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $24.57, for a total value of $140,294.70. Following the sale, the chief technology officer directly owned 128,720 shares in the company, valued at $3,162,650.40. This trade represents a 4.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John L. Shields sold 2,000 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $24.30, for a total value of $48,600.00. Following the sale, the director directly owned 31,219 shares of the company's stock, valued at approximately $758,621.70. The trade was a 6.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 941,263 shares of company stock worth $22,005,645 over the last ninety days. Company insiders own 25.52% of the company's stock.

About EverQuote

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.