EverQuote, Inc. $EVER Holdings Lifted by Cwm LLC

Key Points

• Cwm LLC increased its stake in EverQuote, Inc. by 115.4% during the 2nd quarter, now holding 27,354 shares valued at approximately $661,000.
• EverQuote reported $0.39 earnings per share for the last quarter, surpassing analysts' expectations of $0.35, with a year-over-year revenue increase of 33.7%.
• Research analysts maintain a positive outlook on EverQuote, with a consensus rating of "Buy" and an average target price of $32.40 according to MarketBeat data.

Cwm LLC boosted its position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 115.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,354 shares of the company's stock after buying an additional 14,653 shares during the quarter. Cwm LLC owned 0.08% of EverQuote worth $661,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of EVER. Arizona State Retirement System bought a new position in EverQuote during the first quarter valued at about $202,000. Linden Thomas Advisory Services LLC bought a new position in EverQuote during the first quarter valued at about $216,000. Pallas Capital Advisors LLC bought a new position in EverQuote during the second quarter valued at about $222,000. Cornerstone Investment Partners LLC bought a new position in EverQuote during the first quarter valued at about $225,000. Finally, Concurrent Investment Advisors LLC boosted its stake in EverQuote by 7.5% during the second quarter. Concurrent Investment Advisors LLC now owns 10,004 shares of the company's stock valued at $242,000 after buying an additional 695 shares in the last quarter. Institutional investors own 91.54% of the company's stock.

EverQuote Stock Down 0.4%

NASDAQ:EVER opened at $20.00 on Friday. The stock has a fifty day simple moving average of $22.75 and a 200 day simple moving average of $23.51. The firm has a market capitalization of $730.20 million, a price-to-earnings ratio of 16.13 and a beta of 0.58. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03.

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on EVER shares. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 target price on shares of EverQuote in a research note on Tuesday, August 5th. Wall Street Zen upgraded EverQuote from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of EverQuote in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $32.40.

Insiders Place Their Bets

In other news, Director John L. Shields sold 2,000 shares of the stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $20.78, for a total value of $41,560.00. Following the completion of the sale, the director directly owned 27,219 shares of the company's stock, valued at $565,610.82. This represents a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO David Brainard sold 5,710 shares of the stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $22.20, for a total transaction of $126,762.00. Following the completion of the sale, the chief technology officer directly owned 115,161 shares of the company's stock, valued at $2,556,574.20. This trade represents a 4.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 958,113 shares of company stock valued at $22,295,496 over the last ninety days. 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.

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