19,282 Shares in EverQuote, Inc. $EVER Purchased by Bosun Asset Management LLC

Key Points

• Bosun Asset Management LLC recently made a $505,000 investment in EverQuote, acquiring 19,282 shares during the first quarter.
• EverQuote reported a quarterly EPS of $0.39, surpassing estimates, with a revenue of $156.63 million, showing a year-over-year increase of 33.7%.
• Insider activity included a significant sale of 900,000 shares by a major shareholder, resulting in a 25.73% decrease in their ownership of EverQuote stock.

Bosun Asset Management LLC acquired a new position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 19,282 shares of the company's stock, valued at approximately $505,000. Bosun Asset Management LLC owned 0.05% of EverQuote as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Amundi purchased a new stake in EverQuote during the first quarter worth approximately $290,000. Cubist Systematic Strategies LLC grew its stake in EverQuote by 14.3% during the first quarter. Cubist Systematic Strategies LLC now owns 348,572 shares of the company's stock worth $9,129,000 after buying an additional 43,490 shares during the period. Royal Bank of Canada grew its stake in EverQuote by 1,705.9% during the first quarter. Royal Bank of Canada now owns 65,428 shares of the company's stock worth $1,713,000 after buying an additional 61,805 shares during the period. Ieq Capital LLC grew its stake in EverQuote by 66.0% during the first quarter. Ieq Capital LLC now owns 28,300 shares of the company's stock worth $741,000 after buying an additional 11,249 shares during the period. Finally, Virtus Advisers LLC purchased a new stake in EverQuote during the first quarter worth approximately $288,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

EverQuote Trading Up 0.8%

NASDAQ EVER traded up $0.19 during trading hours on Monday, reaching $23.73. 293,694 shares of the company traded hands, compared to its average volume of 541,574. EverQuote, Inc. has a 12 month low of $16.63 and a 12 month high of $30.03. The stock has a market capitalization of $866.38 million, a PE ratio of 19.14 and a beta of 0.54. The company has a 50 day moving average of $24.16 and a two-hundred day moving average of $24.30.

EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. The firm had revenue of $156.63 million for 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 firm's revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Insider Activity at EverQuote

In other EverQuote news, General Counsel Julia Brncic sold 1,436 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $23.51, for a total transaction of $33,760.36. Following the sale, the general counsel directly owned 119,676 shares of the company's stock, valued at approximately $2,813,582.76. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John L. Shields sold 2,000 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $24.30, for a total transaction of $48,600.00. Following the sale, the director directly owned 31,219 shares in the company, valued at $758,621.70. This trade represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 957,250 shares of company stock valued at $22,372,509 in the last ninety days. 25.52% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, 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 given a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus 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.