Vanguard Group Inc. Sells 21,533 Shares of EverQuote, Inc. $EVER

Key Points

• Vanguard Group Inc. reduced its stake in EverQuote, Inc. by 1.1%, now owning approximately 5.58% of the company worth $52.25 million.
• Major shareholder Ventures Lllp Link sold 900,000 shares at an average price of $23.33, decreasing their ownership by 25.73%.
• EverQuote reported quarterly earnings of $0.39 per share, exceeding analysts' expectations and showing a 33.7% year-over-year revenue increase.

Vanguard Group Inc. lowered its position in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 1.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,995,179 shares of the company's stock after selling 21,533 shares during the quarter. Vanguard Group Inc. owned 5.58% of EverQuote worth $52,254,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of EVER. Legal & General Group Plc lifted its position in shares of EverQuote by 4.8% in 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 during the period. Barclays PLC lifted its position in shares of EverQuote by 32.0% in the 4th quarter. Barclays PLC now owns 67,305 shares of the company's stock worth $1,346,000 after acquiring an additional 16,322 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of EverQuote by 13.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 297,801 shares of the company's stock worth $5,953,000 after acquiring an additional 35,152 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of EverQuote by 23.8% in the 4th 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 during the period. Finally, Hsbc Holdings PLC lifted its position in shares of EverQuote by 37.1% in the 4th quarter. Hsbc Holdings PLC now owns 29,363 shares of the company's stock worth $578,000 after acquiring an additional 7,944 shares during the period. Institutional investors own 91.54% of the company's stock.

EverQuote Trading Up 0.4%

EVER stock traded up $0.10 during trading on Friday, hitting $23.25. The company had a trading volume of 977,211 shares, compared to its average volume of 536,666. The company has a fifty day moving average price of $24.21 and a two-hundred day moving average price of $24.25. The company has a market cap of $848.86 million, a P/E ratio of 18.75 and a beta of 0.54. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03.

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

Insider Transactions at EverQuote

In other EverQuote news, CTO David Brainard sold 5,710 shares of EverQuote stock in a transaction on Monday, July 7th. The stock was sold at an average price of $24.57, for a total value of $140,294.70. Following the completion of the transaction, the chief technology officer owned 128,720 shares in the company, valued at approximately $3,162,650.40. The trade was a 4.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction 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 transaction, the director owned 31,219 shares of the company's stock, valued at approximately $758,621.70. The trade was a 6.02% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 957,250 shares of company stock worth $22,372,509. 25.52% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on EVER shares. JPMorgan Chase & Co. boosted their price target 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 reaffirmed a "buy" rating and issued a $38.00 price target 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $32.40.

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.