Jump Financial LLC Grows Stock Position in EverQuote, Inc. $EVER

Key Points

• Jump Financial LLC increased its stock position in EverQuote, Inc. by 46.8%, owning 105,680 shares valued at approximately $2.77 million, indicating growing institutional interest in the company.
• EverQuote reported a quarterly EPS of $0.39, surpassing analysts' expectations of $0.35, and achieving a 33.7% year-over-year revenue growth.
• Wall Street analysts generally favor EverQuote, with several brokerages raising their price targets, leading to a consensus rating of "Buy" with an average target price of $32.40.

Jump Financial LLC lifted its stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 46.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,680 shares of the company's stock after acquiring an additional 33,680 shares during the period. Jump Financial LLC owned 0.30% of EverQuote worth $2,768,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Divisadero Street Capital Management LP bought a new position in shares of EverQuote in the 4th quarter worth $12,311,000. Nuveen LLC bought a new position in shares of EverQuote in the 1st quarter worth $15,363,000. Freestone Grove Partners LP bought a new position in shares of EverQuote in the 4th quarter worth $11,618,000. Point72 Asset Management L.P. raised its position in shares of EverQuote by 2,301.4% in the 4th quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company's stock worth $9,216,000 after acquiring an additional 441,815 shares in the last quarter. Finally, Emerald Advisers LLC bought a new position in shares of EverQuote in the 1st quarter worth $11,621,000. 91.54% of the stock is owned by institutional investors.

EverQuote Stock Performance

NASDAQ:EVER traded up $0.10 during mid-day trading on Monday, hitting $23.25. 977,211 shares of the company's stock traded hands, compared to its average volume of 536,666. The company has a fifty day moving average of $24.20 and a 200 day moving average of $24.26. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03. The company has a market capitalization of $848.86 million, a P/E ratio of 18.75 and a beta of 0.54.

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

Wall Street Analyst Weigh In

Several research firms have recently commented on EVER. JPMorgan Chase & Co. boosted their price target on EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 target price on shares of EverQuote in a research report on Tuesday, August 5th. One investment 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 stock currently has an average rating of "Buy" and an average price target of $32.40.

Insider Buying and Selling at EverQuote

In other EverQuote news, CEO Jayme Mendal sold 14,360 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $22.86, for a total transaction of $328,269.60. Following the sale, the chief executive officer owned 512,780 shares in the company, valued at approximately $11,722,150.80. The trade was a 2.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO David Brainard sold 1,291 shares of the business's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $23.50, for a total value of $30,338.50. Following the sale, the chief technology officer owned 126,220 shares in the company, valued at approximately $2,966,170. The trade was a 1.01% 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 corporate insiders.

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.