Insider Selling: EverQuote (NASDAQ:EVER) Director Sells 671 Shares of Stock

Key Points

• EverQuote Director George Neble sold 671 shares at an average price of $22.04, reducing his ownership by 1.25% to 52,832 shares, valued at approximately $1.16 million.
• EverQuote stock experienced a 3.1% increase, trading at $20.77, while having a market capitalization of $758.31 million and a 52-week range between $16.63 and $30.03.
• Analysts have varying ratings on EverQuote, with a consensus rating of “Buy” and a price target average of $32.40, following upgrades from several firms in recent months.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) Director George Neble sold 671 shares of the company's stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $22.04, for a total transaction of $14,788.84. Following the sale, the director directly owned 52,832 shares of the company's stock, valued at $1,164,417.28. The trade was a 1.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EverQuote Trading Up 3.1%

EverQuote stock traded up $0.62 during midday trading on Tuesday, hitting $20.77. The stock had a trading volume of 450,014 shares, compared to its average volume of 524,954. The firm's fifty day moving average is $23.38 and its two-hundred day moving average is $23.75. The company has a market capitalization of $758.31 million, a PE ratio of 16.75 and a beta of 0.58. EverQuote, Inc. has a 52-week low of $16.63 and a 52-week high of $30.03.

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EVER shares. Needham & Company LLC restated a "buy" rating and issued a $38.00 price target on shares of EverQuote in a research note on Tuesday, August 5th. Wall Street Zen upgraded EverQuote from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Weiss Ratings restated a "hold (c)" rating on shares of EverQuote in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $32.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. boosted its position 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 valued at $68,000 after acquiring an additional 573 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of EverQuote by 271.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company's stock valued at $79,000 after acquiring an additional 2,381 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in shares of EverQuote by 28.7% during the 2nd quarter. Asset Management One Co. Ltd. now owns 4,682 shares of the company's stock valued at $113,000 after acquiring an additional 1,044 shares during the last quarter. AlphaQuest LLC boosted its position in shares of EverQuote by 70.9% during the 2nd quarter. AlphaQuest LLC now owns 5,485 shares of the company's stock valued at $133,000 after acquiring an additional 2,276 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of EverQuote during the 1st quarter valued at approximately $157,000. 91.54% of the stock is currently owned by institutional investors.

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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