Petrus Trust Company LTA Has $225,000 Stock Position in EverQuote, Inc. $EVER

Key Points

• Petrus Trust Company LTA reduced its stake in EverQuote, Inc. by 69.9%, owning 8,598 shares worth approximately $225,000 after selling 19,965 shares in the first quarter.
• Point72 Asset Management increased its holdings in EverQuote by an impressive 2,301.4% in the fourth quarter, acquiring a total of 461,013 shares valued at about $9.2 million.
• Needham & Company has maintained a "buy" rating on EverQuote with a target price of $38.00, while the stock has a consensus rating of "Buy" with an average price target of $32.40.

Petrus Trust Company LTA trimmed its holdings in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 69.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,598 shares of the company's stock after selling 19,965 shares during the quarter. Petrus Trust Company LTA's holdings in EverQuote were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. FNY Investment Advisers LLC purchased a new stake in shares of EverQuote in the first quarter worth approximately $157,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in shares of EverQuote in the fourth quarter worth approximately $180,000. Arizona State Retirement System purchased a new stake in shares of EverQuote in the first quarter worth approximately $202,000. Linden Thomas Advisory Services LLC purchased a new stake in shares of EverQuote in the first quarter worth approximately $216,000. Finally, Cornerstone Investment Partners LLC purchased a new stake in shares of EverQuote in the first quarter worth approximately $225,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reissued a "buy" rating and issued a $38.00 price target on shares of EverQuote in a research report on Tuesday, August 5th. One 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 target price of $32.40.

EverQuote Price Performance

NASDAQ:EVER traded down $0.05 during mid-day trading on Monday, reaching $24.49. The stock had a trading volume of 64,163 shares, compared to its average volume of 536,748. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The business's 50 day moving average is $24.15 and its 200 day moving average is $24.32. The stock has a market cap of $893.95 million, a P/E ratio of 19.75 and a beta of 0.54.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.39 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 company had revenue of $156.63 million for the quarter, compared to the consensus estimate of $157.19 million. During the same quarter last year, the company posted $0.17 earnings per share. The company'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. Equities analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

Insider Activity at EverQuote

In other EverQuote news, major shareholder Ventures Lllp Link sold 900,000 shares of the stock in a transaction that occurred on Sunday, August 10th. The stock was sold at an average price of $23.33, for a total transaction of $20,997,000.00. Following the transaction, the insider owned 2,598,154 shares in the company, valued at $60,614,932.82. This trade represents a 25.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Julia Brncic sold 1,808 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $24.31, for a total value of $43,952.48. Following the transaction, the general counsel owned 123,397 shares in the company, valued at approximately $2,999,781.07. This trade represents a 1.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 959,250 shares of company stock valued at $22,420,509. 25.52% of the stock is owned by company 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.