EverQuote, Inc. (NASDAQ:EVER - Get Free Report) 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 directly owned 123,397 shares in the company, valued at $2,999,781.07. The trade was a 1.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
EverQuote Trading Up 2.0%
NASDAQ:EVER traded up $0.51 during mid-day trading on Thursday, hitting $25.40. 157,172 shares of the company's stock were exchanged, compared to its average volume of 543,432. The company has a 50 day simple moving average of $24.26 and a 200-day simple moving average of $23.03. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The firm has a market capitalization of $907.39 million, a P/E ratio of 24.92 and a beta of 0.34.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on EVER shares. Needham & Company LLC reaffirmed a "buy" rating and set a $38.00 price target on shares of EverQuote in a research report on Tuesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $32.50.
View Our Latest Stock Analysis on EverQuote
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new stake in EverQuote during the 4th quarter valued at $90,000. FNY Investment Advisers LLC purchased a new position in EverQuote during the 1st quarter worth $157,000. AlphaQuest LLC boosted its holdings in shares of EverQuote by 53.9% in the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company's stock worth $154,000 after buying an additional 2,698 shares during the last quarter. Arizona State Retirement System purchased a new position in shares of EverQuote in the 1st quarter worth about $202,000. Finally, Linden Thomas Advisory Services LLC purchased a new position in shares of EverQuote in the 1st quarter worth about $216,000. Institutional investors own 91.54% of the company's stock.
About EverQuote
(
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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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