EverQuote, Inc. (NASDAQ:EVER) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP increased its stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 59.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,700 shares of the company's stock after buying an additional 19,700 shares during the quarter. Two Sigma Advisers LP owned about 0.15% of EverQuote worth $1,053,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of EverQuote by 4.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company's stock valued at $288,000 after acquiring an additional 608 shares during the period. Corton Capital Inc. grew its holdings in EverQuote by 3.4% during the 4th quarter. Corton Capital Inc. now owns 21,592 shares of the company's stock valued at $432,000 after purchasing an additional 714 shares during the last quarter. Legal & General Group Plc grew its holdings in EverQuote by 4.8% during the 4th quarter. Legal & General Group Plc now owns 21,985 shares of the company's stock valued at $439,000 after purchasing an additional 1,012 shares during the last quarter. Rhumbline Advisers raised its position in EverQuote by 4.0% in the 4th quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock worth $698,000 after purchasing an additional 1,332 shares during the period. Finally, Canada Pension Plan Investment Board raised its position in EverQuote by 2.8% in the 4th quarter. Canada Pension Plan Investment Board now owns 55,600 shares of the company's stock worth $1,111,000 after purchasing an additional 1,500 shares during the period. 91.54% of the stock is currently owned by institutional investors.

EverQuote Stock Down 0.1%

NASDAQ:EVER traded down $0.03 during mid-day trading on Wednesday, reaching $24.26. The company's stock had a trading volume of 61,745 shares, compared to its average volume of 548,560. EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.03. The stock has a fifty day moving average of $23.31 and a 200-day moving average of $21.96. The firm has a market capitalization of $866.49 million, a PE ratio of 71.31 and a beta of 0.45.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on EVER shares. Needham & Company LLC restated a "buy" rating and set a $38.00 target price on shares of EverQuote in a research report on Tuesday, May 6th. JPMorgan Chase & Co. upped their target price on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 6th. Finally, Canaccord Genuity Group reduced their target price on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, EverQuote currently has an average rating of "Buy" and an average price target of $32.50.

Insider Activity

In other EverQuote news, major shareholder Ventures Lllp Link sold 1,022 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $28.75, for a total transaction of $29,382.50. Following the completion of the sale, the insider now directly owns 3,498,667 shares of the company's stock, valued at approximately $100,586,676.25. This represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Joseph Sanborn sold 1,063 shares of EverQuote stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $26.29, for a total transaction of $27,946.27. Following the completion of the transaction, the chief financial officer now directly owns 270,865 shares in the company, valued at approximately $7,121,040.85. The trade was a 0.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 198,330 shares of company stock worth $5,376,526. Corporate insiders own 29.79% of the company's stock.

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.