Insider Selling: EverQuote (NASDAQ:EVER) CEO Sells 14,360 Shares of Stock

Key Points

• EverQuote CEO Jayme Mendal sold 14,360 shares at an average price of $19.46, totaling approximately $279,446, which decreased his ownership stake by 2.98% to 466,772 shares.
• EverQuote's stock rose by 1.2% to $20.09 following the recent sale, with a market cap of $733.49 million and a 12-month price range of $16.63 to $30.03.
• Several brokerages have upgraded their ratings on EverQuote, with a consensus target price of $32.40 and analysts maintaining a "Buy" rating.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CEO Jayme Mendal sold 14,360 shares of the business's stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $19.46, for a total transaction of $279,445.60. Following the completion of the transaction, the chief executive officer owned 466,772 shares of the company's stock, valued at $9,083,383.12. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jayme Mendal also recently made the following trade(s):

• On Monday, September 22nd, Jayme Mendal sold 14,360 shares of EverQuote stock. The stock was sold at an average price of $24.53, for a total transaction of $352,250.80.
• On Wednesday, August 20th, Jayme Mendal sold 14,360 shares of EverQuote stock. The stock was sold at an average price of $22.86, for a total transaction of $328,269.60.

EverQuote Stock Up 1.2%

EVER stock traded up $0.23 during trading on Wednesday, hitting $20.09. The company had a trading volume of 493,101 shares, compared to its average volume of 525,571. The firm has a 50-day moving average price of $22.89 and a 200-day moving average price of $23.54. EverQuote, Inc. has a 12 month low of $16.63 and a 12 month high of $30.03. The stock has a market cap of $733.49 million, a price-to-earnings ratio of 16.20 and a beta of 0.58.

EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. The firm had revenue of $156.63 million during the quarter, compared to analysts' expectations of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. EverQuote's revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. Equities analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

Hedge Funds Weigh In On EverQuote

A number of large investors have recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC increased its holdings in EverQuote by 5.5% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 8,684 shares of the company's stock worth $210,000 after purchasing an additional 453 shares in the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of EverQuote by 25.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company's stock worth $68,000 after buying an additional 573 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of EverQuote by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company's stock worth $393,000 after buying an additional 624 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of EverQuote by 4.3% during the 2nd quarter. Cetera Investment Advisers now owns 16,204 shares of the company's stock worth $392,000 after buying an additional 675 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of EverQuote by 7.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,004 shares of the company's stock worth $242,000 after buying an additional 695 shares during the last quarter. Institutional investors own 91.54% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on EVER. Wall Street Zen upgraded shares of EverQuote from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of EverQuote in a research report on Wednesday, October 8th. Finally, Needham & Company LLC restated 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, four have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, EverQuote has a consensus rating of "Buy" and a consensus target price of $32.40.

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.

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