Strs Ohio Invests $443,000 in EverQuote, Inc. $EVER

Key Points

• Strs Ohio has invested $443,000 in EverQuote, Inc., purchasing 16,900 shares during the first quarter, as revealed in their SEC Form 13F filing.
• EverQuote recently reported a 33.7% increase in revenue year-over-year, achieving $156.63 million in revenue for the quarter, despite slightly missing analyst estimates.
• The company has received a consensus rating of "Buy" from analysts, with a price objective set at $38.00 by Needham & Company LLC.

Strs Ohio purchased a new position in EverQuote, Inc. (NASDAQ:EVER - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,900 shares of the company's stock, valued at approximately $443,000.

Other hedge funds have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its position in shares of EverQuote by 1,553.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 243,385 shares of the company's stock worth $6,464,000 after purchasing an additional 228,663 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in EverQuote in the 1st quarter valued at approximately $244,000. Entropy Technologies LP bought a new position in EverQuote in the 1st quarter valued at approximately $285,000. GAMMA Investing LLC lifted its position in EverQuote by 3,600.0% in the 1st quarter. GAMMA Investing LLC now owns 8,695 shares of the company's stock valued at $228,000 after acquiring an additional 8,460 shares in the last quarter. Finally, Emerald Advisers LLC bought a new position in EverQuote in the 1st quarter valued at approximately $11,621,000. 91.54% of the stock is owned by institutional investors.

EverQuote Price Performance

NASDAQ:EVER opened at $24.85 on Tuesday. EverQuote, Inc. has a one year low of $16.63 and a one year high of $30.03. The firm has a market capitalization of $907.27 million, a price-to-earnings ratio of 20.04 and a beta of 0.54. The business has a fifty day moving average price of $24.14 and a 200-day moving average price of $24.26.

EverQuote (NASDAQ:EVER - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.04. EverQuote had a return on equity of 36.90% and a net margin of 7.57%.The business had revenue of $156.63 million during the quarter, compared to analyst estimates of $157.19 million. During the same quarter in the prior year, the business posted $0.17 EPS. EverQuote'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, equities research analysts expect that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Insider Buying and Selling at EverQuote

In other EverQuote news, General Counsel Julia Brncic sold 1,808 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $24.31, for a total transaction of $43,952.48. Following the completion of the transaction, the general counsel owned 123,397 shares of the company's stock, valued at $2,999,781.07. This represents a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO David Brainard sold 5,710 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $24.57, for a total transaction of $140,294.70. Following the transaction, the chief technology officer directly owned 128,720 shares of the company's stock, valued at $3,162,650.40. This trade represents a 4.25% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 944,890 shares of company stock worth $22,072,997. Insiders own 25.52% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a "buy" rating and issued a $38.00 price objective 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 assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, EverQuote presently has a consensus rating of "Buy" and a consensus target price of $32.40.

EverQuote 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.

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