Inspire Investing LLC Sells 20,608 Shares of EverQuote, Inc. $EVER

Key Points

• Inspire Investing LLC has reduced its stake in EverQuote, Inc. by 42.8%, selling 20,608 shares and leaving it with about 27,540 shares valued at $721,000.
• EverQuote, Inc. reported earnings of $0.39 per share, surpassing estimates, with revenue reaching $156.63 million, up 33.7% year-over-year.
• The stock currently has a market cap of $895.66 million and has been rated a "buy" by several analysts, with a target price averaging $32.40.

Inspire Investing LLC reduced its stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 42.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,540 shares of the company's stock after selling 20,608 shares during the quarter. Inspire Investing LLC owned 0.08% of EverQuote worth $721,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in EVER. FNY Investment Advisers LLC bought a new stake in EverQuote in the 1st quarter valued at $157,000. Arizona State Retirement System bought a new stake in EverQuote during the 1st quarter worth about $202,000. Linden Thomas Advisory Services LLC bought a new stake in EverQuote during the 1st quarter worth about $216,000. Cornerstone Investment Partners LLC bought a new stake in EverQuote during the 1st quarter worth about $225,000. Finally, State of Wyoming lifted its position in EverQuote by 51.5% during the 4th quarter. State of Wyoming now owns 11,353 shares of the company's stock worth $227,000 after buying an additional 3,858 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a "buy" rating and set a $38.00 price target on shares of EverQuote in a research report 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. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $32.40.

EverQuote Stock Performance

EVER traded up $0.10 on Thursday, reaching $24.37. The company had a trading volume of 87,184 shares, compared to its average volume of 535,451. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The stock has a market cap of $889.89 million, a P/E ratio of 19.64 and a beta of 0.54. The company's fifty day moving average is $24.12 and its 200 day moving average is $24.30.

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

Insider Transactions at EverQuote

In related news, major shareholder Ventures Lllp Link sold 900,000 shares of the stock in a transaction that occurred on Sunday, August 10th. The shares were sold at an average price of $23.33, for a total value of $20,997,000.00. Following the completion of the transaction, the insider owned 2,598,154 shares of the company's stock, valued at $60,614,932.82. This represents a 25.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Julia Brncic sold 1,436 shares of the stock in a transaction that occurred 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 completion of the transaction, the general counsel directly owned 119,676 shares of the company's stock, valued at approximately $2,813,582.76. The trade was a 1.19% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 959,250 shares of company stock worth $22,420,509. Company insiders own 25.52% of the company's stock.

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.