EverQuote, Inc. (NASDAQ:EVER - Get Free Report) General Counsel Julia Brncic sold 1,808 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $24.31, for a total value of $43,952.48. Following the sale, the general counsel owned 123,397 shares in the company, valued at $2,999,781.07. The trade was a 1.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
EverQuote Stock Performance
NASDAQ EVER traded down $1.00 during trading hours on Friday, reaching $24.36. The stock had a trading volume of 281,163 shares, compared to its average volume of 546,587. The stock has a fifty day moving average of $24.19 and a 200 day moving average of $23.15. The stock has a market cap of $870.14 million, a P/E ratio of 23.88 and a beta of 0.34. EverQuote, Inc. has a 52-week low of $16.63 and a 52-week high of $30.03.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC acquired a new position in EverQuote in the second quarter valued at approximately $455,000. Pallas Capital Advisors LLC acquired a new position in EverQuote in the second quarter valued at approximately $222,000. Strs Ohio acquired a new position in EverQuote in the first quarter valued at approximately $443,000. Acadian Asset Management LLC lifted its holdings in EverQuote by 13.2% in the first quarter. Acadian Asset Management LLC now owns 856,248 shares of the company's stock valued at $22,413,000 after acquiring an additional 99,743 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in EverQuote by 615.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,672 shares of the company's stock valued at $8,896,000 after acquiring an additional 292,172 shares during the period. 91.54% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on EVER shares. 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 note on Tuesday, May 6th. Needham & Company LLC reiterated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a research report on Tuesday, May 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $32.50.
View Our Latest Analysis on EverQuote
EverQuote Company Profile
(
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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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